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Saudi leads the fight against new IMO levy on shipping emissions
A Saudi-led statement to the IMO warned that the new levy could “endanger exports from developing countries.”
Environment Fund unveils SAR 1 bn green financing initiative
The program aims to attract private sector investment
FDI + oil ports make the rounds
Ras Tanura and Yanbu oil ports are threatened by rising sea levels
COP16 drought talks end without agreement
Twelve days of talks come to a close with no agreement on strategies to fight drought
Hassan Allam Utilities to invest in and develop KAEC off-port terminal
INFRASTRUCTURE- #1- Hassan Allam Utilities to develop an off-port terminal in King Abdullah Economic City: Egypt-based energy and infrastructure leader…
Saudi defends its role in climate negotiations
Saudi climate envoy Adel Al Jubair dismissed claims the Kingdom was a “wreckingball” in global climate talks at COP29 in…
COP16 Climate pledges hit USD 12 bn in total
The total includes USD 10 bn from the Arab Coordination Group and pledges from Saudi, the OPEC Fund, and the…
Of plastic and politics
Crown Prince Mohammed bin Salman’s move towards warming ties with Iran is raising eyebrows
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