Green Technology – A Strategic Focus for Dubai FDI
Green Technology – A Strategic Focus for Dubai FDI
Green technology is one of the strategic sectors for Dubai FDI, in sync with the vision of building a green economy. Investment Week Highlights During its first-ever investment week, Investing in Future Transformations, Dubai FDI, the Dubai Investment Development Agency in the Department of Economic Development (DED) – Government of Dubai, took the opportunity to […]
Green Financial Support for Green Drivers
UAE banks are responding to international predictions and local initiatives of transitioning to greener, emission-free roads through targeted green auto loans. Strong Global and Local Trends A Bloomberg New Energy Finance published in 2016 projected that electric vehicles (EV) will cover 35% of global new car sales by 2040. The accelerated adoption rate would be […]
Award-winning Financing Solution for First Waste-to-Energy Facility
The collaboration between Bee’ah, pioneering waste management company, and Masdar, the Abu Dhabi Future Energy Company, to establish the first waste-to-energy facility in the Middle East is groundbreaking, not only from the projected waste reduction, but also through the innovative financing solution secured. The First of its Kind Waste-to-energy is a form of energy recovery, […]
From Lending to Investing
Taking a look at the first green loan in the Middle East region with an Islamic format that links pricing to environmental performance. The first green loan in the Middle East region with an Islamic format that links pricing to environmental performance was established in October 2018. Led by Standard Chartered, the green loan consists […]
Leading Green Financing Mindset
ACWA Power combines securing smart green investment with projects which deliver effective sources of renewable energy. ACWA Power, a leading developer, investor, co-owner and operator of power and desalinated water production plants, was recognised, for the second year in a row, as the Renewables Company of the Year, at the MEED Awards 2018, due to […]
