Egypt’s central bank hosts sustainable finance conference with IFC
Egypt’s Central Bank of Egypt (CBE), in partnership with the International Finance Corporation (IFC), hosted a…
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low-carbon economy
Egypt signs $135m financing deal for Damietta bioethanol project
Egypt has signed a long-term financing agreement worth $135 million to develop a bioethanol production project in…
Egypt’s GAFI hosts sustainability conference to boost green exports
Egypt's General Authority for Investment and Free Zones (GAFI) hosted the Environmental Sustainability and Egyptian…
Scatec signs power purchase deal for 900 MW wind project in Egypt’s Ras Shukeir
Norwegian renewable energy firm Scatec has signed a power purchase agreement (PPA) with the Egyptian Electricity…
Egypt approves 1st P2P green energy contracts with EBRD
Egypt approved its first private-to-private (P2P) green energy contracts, allowing four renewable energy projects…
Egypt, IEA discuss energy cooperation
Egypt's Minister of Petroleum and Mineral Resources Karim Badawi held a bilateral meeting with Fatih Birol,…
ADB approves loan to support Uzbek climate transition
The Asian Development Bank (ADB) approved a $250 million policy-based loan to help Uzbekistan strengthen its…
China releases new guidelines for green transition acceleration
The Communist Party of China Central Committee and the State Council have released new guidelines to accelerate the…
$3T/yr needed for low-carbon transition – Yellen
US Treasury Secretary Janet Yellen emphasised the need for $3 trillion in new capital annually until 2050 to…
HSBC launches new unit for green infrastructure finance
HSBC UK established a new unit, HSBC Infrastructure Finance (HIF), to focus on infrastructure and project finance…
BlackRock introduces climate policies for $150b in funds
BlackRock Inc., the world’s largest asset manager, has announced new measures to enhance the management of $150…
BlackRock rolls out five climate transition ETFs
BlackRock, the world’s largest asset manager with $10.5 trillion in assets, has introduced a suite of five climate…
Malaysia’s capital market surges 5.6% in ’23
Malaysia’s capital market saw a notable expansion of 5.6 per cent in 2023, reaching a valuation of MYR 3.8 trillion…
Bank ABC signs agreement to finance Majid Al Futtaim’s solar power projects
Bahrain’s Arab Banking Corporation (Bank ABC) signed a financing agreement with Yellow Door Energy to finance Majid…
Bahrain pledges zero carbon emissions by 2060
The Kingdom of Bahrain declared on Sunday, at COP28, its dedication to a national strategy for cutting carbon…
L’Oreal Egypt targets carbon emission neutrality by 2025
L'Oréal Egypt is planning new investments by next year as part of plans to achieve carbon neutrality at its factory…
Sisi: Egypt determined to transition to low-carbon economy
Egyptian President Abdel Fattah al-Sisi said on Monday that his country is aiming to achieve the transition to a…