At the close of COP28, Positive Zero, a decentralized decarbonization infrastructure business headquartered in the UAE, announced an agreement for a fund managed by BlackRock’s Diversified Infrastructure group to invest up to $400 million in the company. This investment will support Positive...
Dubai Electricity and Water Authority (DEWA) has organised field visits for 217 participants in COP28 to the Mohammed bin Rashid Al Maktoum Solar Park. Most of the visitors were from outside the UAE. The visits, which were organised during COP28, included the Innovation Centre and the 4th...
Under the directives of H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Board of Directors of the Environment Agency – Abu Dhabi (EAD), the Agency announced its success in planting of 44 million mangrove trees in the Emirate of Abu Dhabi...
In a vital dialogue on indoor air quality, Goumbook and Sanofi hosted a think tank panel on December 12, 2023. "Invisible Challenge - Exploring the nexus of indoor air quality, public health and climate action" took place at COP28, Dubai and addressed the significant challenge of air...
A new book titled “Agricultural Practices in the UAE: Heritage and Science” was unveiled by the International Center for Biosaline Agriculture (ICBA) at the UAE Pavilion on COP28’s Food, Agriculture and Water Day. In keeping with the legacy of the late founding father of the UAE,...
At COP28, several breakthrough achievements have been made to accelerate the world's transition to clean energy. This includes 130 countries endorsing the Global Renewables and Energy Efficiency Pledge to triple the installed capacity of renewable energy to at least 11 terawatts (TW) and to double...
The International Energy Agency (IEA) said global oil demand growth is anticipated to weaken next year, reflecting the slowdown in major world economies in the wake of soaring interest rates. In its monthly report issued today, Dec. 14, the agency noted that global oil demand growth is likely...
As part of its newly announced plan to provide Sustainable Aviation Fuel (“SAF”) to all its customers by 2030, ENOC Group, a leading integrated global energy player, and Marubeni Corporation, a major Japanese integrated trading and investment business conglomerate; have united to spearhead the...
In a groundbreaking stride towards sustainable innovation, The Mohamed Hareb Al Otaiba (MHAO) Group, the entity behind the launch of MAOTEX, unveils two pivotal initiatives aimed at advancing environmental protection and fostering global collaboration. As a noteworthy participant in COP28, MHAO...
RESET, a leading UAE-based company specializing in energy and water-saving solutions through energy performance contracts, and subsidiary of International Holding Company (IHC), has forged a partnership with Mismak Properties for the Rimmal residential towers in Jaddaf, Dubai....