Admiral Mobility partners with Avis to lease electric trucks
Admiral Mobility, a subsidiary of US-based Admiral Corporation of America, has partnered with vehicle hire company Avis to bring electric commercial trucks to the leasing market in the UAE. The […]
UAE’s Aldar Investment Properties plans 10-year $500mln green sukuk – document A general view shows the headquarters of Aldar Properties at Al Raha Beach in Abu Dhabi. Ben Job, Reuters , Reuters Images A general view shows the headquarters of Aldar Properties at Al Raha Beach in Abu Dhabi. Ben Job, Reuters Reuters Images Initial price guidance for the sukuk, which will be issued under the company’s Green Framework, was given at 185 basis points (bps) over US Treasuries, the document said Rachna Uppal, Reuters News May 17, 2023 ISLAMIC FINANCESUSTAINABILITYMARKETSREAL ESTATEUAESUKUK DUBAI – Aldar Investment Properties plans to issue a $500 million 10-year debut green Islamic bond, or sukuk, on Wednesday, according to a bank document seen by Reuters. Initial price guidance for the sukuk, which will be issued under the company’s Green Framework, was given at 185 basis points (bps) over US Treasuries, the document said.
Aldar Investment Properties plans to issue a $500 million 10-year debut green Islamic bond, or sukuk, on Wednesday, according to a bank document seen by Reuters. Initial price guidance for […]
SirajPower completes Al Tajir Glass solar rooftop project
SirajPower, a leading distributed solar energy provider in the region, has announced the completion of work on the solar rooftop project within the Al Tajir Glass Industries’ facility […]
COP28 President-Designate convenes CEO decarbonisation roundtable at UAE Climate Tech Forum
COP28 President-Designate Dr. c convened a CEO roundtable on the sidelines of the UAE Climate Tech forum, bringing together oil and gas, heavy emitting industries, technology providers, bankers and […]
Emirates airline earmarks $200mln fund for sustainability research
Emirates airline has announced a $200 million sustainability R&D fund aimed to reduce the impact of fossil fuels in aviation. According to Emirates, it is the biggest single commitment by […]
Abu Dhabi to implement Demand Side Management regulations from 1 July
Abu Dhabi’s Department of Energy announced that it aims to implement its Demand Side Management (DSM) regulations from 1 July 2023. These regulations form a comprehensive framework for designing, implementing, […]
UAE Climate Tech forum kicks off in Abu Dhabi with 1,000 technology and climate leaders
The UAE Climate Tech forum, with the participation of over 1,000 policymakers, CEOs, experts, specialists, technology sector leaders and investors from around the world, kicked off today at the […]
Abu Dhabi’s EAD completes measurements of City Biodiversity Index
The Environment Agency – Abu Dhabi (EAD) has completed the measurement process for the City Biodiversity Index in Abu Dhabi City, as part of efforts to measure its success […]
EWEC to conduct its Q2 2023 Clean Energy Certificates auction
Emirates Water and Electricity Company (EWEC) has announced the Q2 auction for Clean Energy Certificates (CECs), which is set to be conducted in Abu Dhabi, with registration now open and […]
Abu Dhabi entity to invest $30.79mln to provide clean power to 7 million British homes
Abu Dhabi-based diversified utilities and energy group will invest Dh113 million (£25 million) in a renewables project that will supply 8 per cent of the UK’s electricity needs and power […]