Wildfire costs Europe €4.1bn damages – report
Wildfires spread in destinations like Sicily, Croatia and Greece, as it costs Europe an estimated €4.1 billion…
Browsing Tag
green
ADCB prices $650mln green bond to support UAE’s net zero transition
Abu Dhabi Commercial Bank (ADCB) said on Wednesday that it has successfully priced a $650 million green bond, the…
Egypt’s MCV partner with Volvo to produce electric buses
Egypt's Manufacturing Commercial Vehicles (MCV) has partnered on Tuesday with Swedish automotive Volvo to produce…
UAE’s IRENA signs deal to boost African electricity access
Abu Dhabi-based International Renewable Energy Agency (IRENA) on Monday has sealed a deal with the African Union…
UAE Carbon Alliance to invest $450m in African carbon credits by 2030
The UAE Carbon Alliance has announced its intention to purchase $450 million of carbon credits from the Africa…
Egypt to establish its 1st centre for recycling construction waste
Egypt's Ministry of Environment announced on Thursday the establishment of the country's first centre to recycle…
Renewable energy saves $520 billion globally in 2022 – report
The renewable power deployed globally around $520 billion in fuel costs last year, owing to the rapid expansion of…
Egypt Cabinet approves national council for green hydrogen, derivatives
Egypt said on Wednesday it would form the national council for green hydrogen and its derivatives to be headed by…
Orascom Construction, Engie, Toyota Tsusho granted land for 3 GW wind project in Egypt
A consortium, which includes Orascom Construction PLC, ENGIE, and Toyota Tsusho, has signed on Wednesday a…
Saudi ACWA Power secures $123 mln to construct solar project in Egypt
Saudi Arabian utility developer ACWA Power announced on Wednesday that it has successfully secured a $123 million…