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Tabreed awarded another Dubai project
The company will provide 250k RT of district cooling capacity to Palm Jebel Ali
Masdar in talks to acquire minority stake in Endesa’s solar portfolio
An acquisition would see Masdar pay USD 200 mn for the minority stake
Mubadala-backed EGA’s net income drops in 2024
Revenue rose slightly to AED 30 bn (USD 8.2 bn) for the full year
Adnoc mulls IPO of low-carbon, chemicals arm XRG
The company launched XRG in November as part of a diversification strategy
Multiply Group mulls sale of district cooling unit
PLUS: Mubadala offloads indirect Calisen stake
Egypt to get USD 1.3 bn in climate financing from the IMF
PLUS: Aldar raises USD 500 mn in third green sukuk issuance
TOP STORIES: Morocco taps investors for green hydrogen projects + IMF backs Egypt’s climate efforts
What we’re tracking this week regionally and around the world
Debt watch, green infrastructure, mining, startup, and solar updates from across the region
Stories on our radar this week from around the region
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