Emirates Global Aluminium, the largest ‘premium aluminium’ producer in the world, today announced the signing of a binding sale and purchase agreement for the acquisition of a German aluminium recycling firm, Leichtmetall Aluminium Giesserei Hannover GmbH. Leichtmetall is a European specialty foundry, with production including hard alloys and larger diameter billets with high proportions of […]

Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the United Arab Emirates’ clean energy powerhouse, today announced that it has signed a definitive agreement to acquire a 50 percent stake in Terra-Gen Power Holdings II, LLC (“Terra-Gen”), one of the largest independent renewable energy power producers in the United States, from Energy Capital Partners […]

The Ministry of Energy and Infrastructure (MOEI) of the United Arab Emirates and Lootah Biofuels, a leading circular economy pioneer producing biofuel from cooking oil in the UAE, today announced the signing of a Memorandum of Understanding (MoU). This strategic partnership aims to solidify bilateral relations and foster collaboration in developing, promoting, and utilizing biofuels […]

Hotpack Global, the UAE-based global leader in packaging products, has partnered with RECAPP, a digital recycling solution platform for households and companies, to roll out recycling bins at its facilities, as well as its clients’ premises to collect a combined quantity of 40 tons of recyclables per year. Thisis projected to reduce an estimated 84 […]

The AED8.89 billion ($2.42billion) refinancing of the Barakah Nuclear Energy Plant project, announced in 2023, has now been recognised as a Green Loan Facility. This important classification underscores nuclear energy’s major contribution to powering the UAE’s green economy and energy transition strategy through clean, carbon emissions-free electricity. Through the Barakah Plant, the Emirates Nuclear Energy […]