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It’s a mixed bag for Saudi in the int’l press
Iran is eyeing USD 1 bn in annual trade with Riyadh
Saudi + Russia block amendment to phase out fossil fuels in UN Climate Change Resolution
The Kingdom cited a lack of “balance” in the proposal
Activists disrupt Aramco CFO’s MIT talk
PLUS: A Saudi delegate at COP29 was accused of tampering with an official negotiating text
COP29 negotiators want to grow climate financing 10x to USD 1 tn annually
Saudi Arabia is pushing back against efforts to phase out fossil fuels
Faisal bin Farhan lands in Rio for G20 summit
PLUS: Riyadh Economic Forum kicks off today
Wall Street's biggest banks are lagging in their response to climate risks
80% of banks are gathering climate data, but fewer than half are adapting their financing for climate-vulnerable businesses
Leno to offer invoice financing + reverse financing to the industrial manufacturing sector
PLUS: Taqa and Jera secure funding for their Saudi JV Najim Cogeneration Company
Aramco earmarks USD 100 mn for environmental R&D at KAUST
The financing will cover green research over the next 10 years
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