Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today that it has successfully completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA (TENERGY.AT) from GEK TERNA SA (GEKTERNA.AT) and other shareholders, and received all regulatory approvals. The deal, agreed at a price of 20 […]

IFC today announced a partnership withOrascom Development Holding’s (ODH) largest subsidiary, Orascom Development Egypt (ODE), to support the leading Egypt-based tourism and real estate developer to improve energy and water efficiency and reduce greenhouse gas (GHG) emissions across several of its hotels in its flagship destination, El Gouna, Egypt. IFC is providing ODE with a […]

Green Bags Saudi, a Jeddah-based premier provider of sustainable products, is pleased to announce the opening of its new office in Riyadh, Saudi Arabia. This expansion is a part of Green Bags Saudi’s commitment to offering environmentally conscious products across the region, aligning with the goals of the Saudi Green Initiative to promote sustainability and […]

Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Power Purchase Agreement (PPA) with the Financial Settlement Centre for Renewable Energy Sources Support LLP for its 1GW wind farm in the Jambyl region of Kazakhstan. The signing took place on the sidelines of COP29 in Baku and was […]

Diriyah Company has been simultaneously awarded two prestigious Mostadam (Ajwad) certifications for sustainability by the Ministry of Municipalities and Housing in alignment with the Kingdom’s Quality of Life Program, and a central aspect of Vision 2030. The dynamic mixed-use developer was recognized for the Northern Diriyah Area and the Ritz-Carlton Residences development projects respectively. The […]