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ADIB and Aldar Properties close AED 1bln sustainability linked financing deal

By Press release on December 23, 2023
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has arranged an AED 1 billion sustainable bilateral facility for Aldar Properties PJSC (Aldar). The financing takes Aldar’s total ESG financing facilities to AED 4.8 billion as the company transitions towards sustainable financing for its projects and investments. The transaction underscores both entities’ commitment to supporting […]
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Supply chain sustainability a key consideration for Malabar Gold & Diamonds

By Press release on December 17, 2023
With ‘ethical sourcing’ taking on heightened significance, the jewellery retailer Malabar Gold & Diamonds has signed up with Rand Refinery for its bullion needs. The ‘RandPure’ branded gold is 100 per cent ethically sourced – which means their origins are certified. These are procured only from South Africa based Rand Refinery’s Securities Exchange listed mines, […]
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UAE residents expect complete electric & hybrid vehicle domination in a few years, reveals survey amidst COP28

By Press release on December 15, 2023
Al-Futtaim Automotive, one of the major divisions of Al-Futtaim Group - the Strategic E-Mobility Partner of the recently concluded COP28, today unveiled the findings of an extensive survey exploring the challenges and perceptions of UAE residents towards Electric Vehicles (EV) adoption. The survey was conducted in partnership with YouGov, collating responses from 2,008 respondents. The […]
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DEWA contributes to protecting biodiversity and supporting terrestrial and marine habitats

By Press release on December 15, 2023
As part of its social responsibility, Dubai Electricity and Water Authority (DEWA) plays an integral role in supporting biodiversity and preserving the environment and terrestrial and marine habitats. DEWA continuously launches awareness and environmental campaigns that aim to include all members of society in efforts to protect precious natural resources, plant more trees, and encourage […]
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ENOC collaborates with SAP and Moro Hub to accelerate the sustainable digital transformation of its operations

By Press release on December 15, 2023
In alignment with the UAE Net Zero 2050 strategy, ENOC Group, a leading integrated global energy player, today announced its partnership with SAP, the global leader in enterprise application software, and Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC). This partnership will further enhance cloud solutions […]
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UAE based Seagrass and The Hashgraph Association announce launch of co-funded carbon credit Web3 identity wallet

By Press release on December 11, 2023
The Hashgraph Association, the non-profit organization accelerating the broad adoption of the DLT ( Distributed Ledger Technology) network Hedera globally, has today announced a co-funding initiative with UAE based Seagrass, a climate action company and subsidiary of E.ON, one of Europe's largest operators of energy networks and energy infrastructure.  This initiative facilitates the building of […]
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AISEG, a breakthrough innovation for zero-fuel, zero-emission power generation, unveiled at COP28

By Press release on December 11, 2023
South Korea-based SEMP Group and Abu Dhabi-based Global Solutions for Project Management have launched a pathbreaking innovation that will shape the future of clean energy – the AI Smart Electromagnetic Generator (AISEG) at COP28 organized in Dubai, UAE. AISEG is the result of nearly four years of research by experts at the SEMP Research Institute, […]
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ADIO and GRIDSERVE to power the future of mobility

By Press release on December 11, 2023
Abu Dhabi’s Smart and Autonomous Vehicles Industry (SAVI) cluster is ready to welcome GRIDSERVE, a provider of smart-connected electric vehicle charging networks, powered by clean energy generation. Announced during COP28, the Abu Dhabi Investment Office (ADIO) and GRIDSERVE will work together with the shared ambition to accelerate support the wider growth of the UAE’s electric […]
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PepsiCo, SABIC and partners launch the Mega Green Accelerator, powered by AstroLabs

By Press release on December 11, 2023
On the heels of the first week of COP28, PepsiCo, SABIC, AstroLabs and their strategic partners have announced the launch of the Mega Green Accelerator, a new initiative to nurture the next generation of innovators in the region as they develop solutions to both regional and global sustainability challenges.  The Middle East is warming almost […]
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Leminar Global partners with Europe's leading solar system provider, Calpak, for solar water heaters

By Press release on December 11, 2023
Leminar Global, a prominent HVAC & Plumbing Solutions provider in the GCC, proudly announces the signing of a distributorship agreement with Calpak, a leading solar thermal water heater manufacturer based in Athens, Greece. This collaboration signifies a significant stride in Leminar’s commitment to providing comprehensive and sustainable water heating solutions to the Middle East market, […]
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