Climate (MENA) 
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Dubal snaps up majority stake in biodiesel manufacturer BiOD
BiOD operates the only biodiesel refinery in the region
UAE’s Al Ajban solar project secures an additional USD 150 mn loan
Eximbank will finance nearly 17% of the USD 900 mn project.
UAE’s SNOC + Emerge break ground on Sharjah solar plant
The project will offset 66k tons of CO2 emissions annually.
PowerChina wins EPC contract for 1.5 GW Al Ajban Solar Plant in Abu Dhabi
Operations are expected to commence in 3Q 2026.
Adnoc secures USD 3 bn green finance facility from JBIC
The facility is part of JBIC's Green lending program backed by Japanese commercial lenders
Green policy + carbon capture updates from UAE and Saudi Arabia
Stories on our radar this morning from around the region
Stellantis ups its investment in Mubadala-backed Archer Aviation by USD 55 mn
Archer’s debut aircraft has successfully completed a transition flight.
TODAY: Kuwait’s Warba Bank kicks off a green bond issuance
What we’re tracking this morning regionally and around the world
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