Saudi-listed ACWA Power has announced that it has received an equity bridge loan from the Bank of China worth $80 million to finance its renewable energy projects in Uzbekistan, comprising …
"Saudi Arabia "
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Digital infrastructure fintech Fils has announced a strategic partnership with banking solutions provider Aion, which is aimed at setting new standards in sustainable finance. The partnership will leverage Aion’s technical …
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Kearney’s 2024 Foreign Direct Investment Confidence Index (FDICI), now in its 26th edition, has placed the United Arab Emirates at eighth position, up from 18th place in 2023. The country …
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Developing storiesEnvironmentPolicy & Finance
As UNFCCC cancels Regional Climate Weeks, concerns mount
by salehThe UNFCCC, the UN’s climate change body and organiser of the global COP climate change summits, has announced that this year’s Regional Climate Weeks are cancelled until further notice, citing …
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TikTok has announced partnerships with NGOs across Saudi Arabia, the UAE, and Egypt under #TikTokForGood, a central hub where users can explore content created by partner NGOs. It was shared …
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At the most recent United Nations Environment Assembly (UNEA), held in Nairobi, African countries took a strong stand against potential new technologies that, if developed, could tip an already disrupted climate into …
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Innovation & EducationLatest News
ROSHN signs MoU with Commvault to strengthen cybersecurity
by salehROSHN Group, a PIF-owned giga-project and real estate developer, has signed a Memorandum of Understanding (MoU) with Commvault, a provider of cyber resilience and data protection solutions for hybrid cloud …
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GreenCorp has announced that it has acquired Emad Bakeries, an industrial bakery in Jeddah, Saudi Arabia, strengthening its food-focused investment platform within the GCC. Gulf Islamic Investments (GII) created Green …
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Innovation & EducationLatest News
Education For Employment and J.P. Morgan launch Phase II of Women in Tech-Future Jobs project
by salehEducation For Employment (EFE) and J.P. Morgan are launching Phase II of the Women in Tech-Future Jobs project, following a successful first phase, which trained over 140 young women in …
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Developing storiesEnvironment
Dr. Ehab Shalaby, Chairman of DCarbon: We support organisations in their journey towards sustainability
by salehIn recent years, there has been a growing interest among private sector organisations and companies in adopting sustainable practices as part of their operations. Competition between companies has been a …