Company Insights Masdar Renewable Energy Masdar News Renewable Energy Masdar and Silk Road Fund to co-invest in renewables The UAE and China have announced an initiative at Cop29 in Baku to co-invest nearly $3 billion in renewables in developing countries and the global south. Under a memorandum of understanding signed between Silk Road Fund (SRF) of China and UAE’s renewable energy company Masdar, SRF is set to pour up to CNY20 billion ($2.8 […] November 22, 2024 Renewable Energy Masdar-led consortium to build Saudi solar plant Masdar, the UAE clean energy company, has won a contract with Chinese and South Korean partners to develop a 2GW solar project in Saudi Arabia. The company, along with its partners GD Power of China and the Korea Electric Power Corporation, will build the plant at Al Sadawi, about 500km north of Riyadh in the […] November 20, 2024 Exclusive Renewable Energy Neom Green Hydrogen will hit all markets, says chief Saudi Arabia’s Neom green hydrogen project is 60 percent complete and on track for full-time operation by the end of 2026, a senior official told AGBI. “We’re progressing well on all fronts, including the solar and wind farms, and we have received all the major equipment,” said Wesam Alghamdi, CEO of Neom Green Hydrogen Company […] November 19, 2024 Renewable Energy Masdar secures funding for Azerbaijan solar projects Abu Dhabi Future Energy Company (Masdar) and Socar Green, a wholly-owned subsidiary of the State Oil Company of the Republic of Azerbaijan (Socar), have achieved financial closure for two $600 million large-scale solar projects in Azerbaijan. The projects, comprising the 445 megawatt (MW) Bilasuvar and 315MW Neftchala solar plants, are being funded by the European […] November 18, 2024 Renewable Energy Masdar signs agreement for Kazakhstan windfarm A $1.4 billion investment for the development of a 1GW windfarm in Kazakhstan has been signed between the Abu Dhabi Future Energy Company (Masdar) and Kazakhstan’s Ministry of Energy. The agreement, signed at Cop29, the 2024 United Nations Climate Change Conference, currently taking place in Baku, Azerbaijan, builds on commitments already made between the UAE […] November 12, 2024 Trade Arab world welcomes Trump back to the White House The Arab world has hailed Donald Trump’s successful bid to return to the White House, with his long-standing personal, business and political ties to the region bringing hopes of closer bilateral relationships with the United States for the next four years. The Emir of Qatar, Tamim bin Hamad Al Thani, was the first GCC leader […] November 6, 2024 Sustainability Adnoc and Oman’s 44.01 scale up carbon-to-rock project Abu Dhabi National Oil Company (Adnoc) and Omani company 44.01 have announced plans to scale up their carbon-to-rock project in the emirate of Fujairah following the successful completion of a pilot initiative. Muscat-based startup 44.01 – named after the molecule mass for CO2 – uses technology to accelerate a natural process in which carbon dioxide […] November 5, 2024 Artificial Intelligence Adnoc pioneers agentic AI to boost production forecasts by 90% Highly autonomous artificial intelligence, known as agentic AI, is being used for the first time by Abu Dhabi’s state oil company Adnoc in the hope of massively increasing the accuracy of production forecasts. Adnoc’s CEO Sultan Al Jaber said in a speech on the first day of the Adipec energy conference in Abu Dhabi that […] November 4, 2024 Opinion Tech Gulf bets on a quantum computing leap Subatomic technology could be a boon for finance, healthcare and national security November 1, 2024 Logistics Egyptian company buys into Neom-backed seaglider United Marine Egypt Shipping will be the launch customer for a large passenger seaglider that is designed to travel at high speeds over water. US maritime transport company Regent said UME will be the first to receive its Monarch seaglider. The Monarch is a 50-to-100-passenger electric craft that Regent says will travel up to 650km […] October 31, 2024 Posts navigation Previous 1 2 3 … 23 Next
Renewable Energy Masdar and Silk Road Fund to co-invest in renewables The UAE and China have announced an initiative at Cop29 in Baku to co-invest nearly $3 billion in renewables in developing countries and the global south. Under a memorandum of understanding signed between Silk Road Fund (SRF) of China and UAE’s renewable energy company Masdar, SRF is set to pour up to CNY20 billion ($2.8 […] November 22, 2024
Renewable Energy Masdar-led consortium to build Saudi solar plant Masdar, the UAE clean energy company, has won a contract with Chinese and South Korean partners to develop a 2GW solar project in Saudi Arabia. The company, along with its partners GD Power of China and the Korea Electric Power Corporation, will build the plant at Al Sadawi, about 500km north of Riyadh in the […] November 20, 2024
Exclusive Renewable Energy Neom Green Hydrogen will hit all markets, says chief Saudi Arabia’s Neom green hydrogen project is 60 percent complete and on track for full-time operation by the end of 2026, a senior official told AGBI. “We’re progressing well on all fronts, including the solar and wind farms, and we have received all the major equipment,” said Wesam Alghamdi, CEO of Neom Green Hydrogen Company […] November 19, 2024
Renewable Energy Masdar secures funding for Azerbaijan solar projects Abu Dhabi Future Energy Company (Masdar) and Socar Green, a wholly-owned subsidiary of the State Oil Company of the Republic of Azerbaijan (Socar), have achieved financial closure for two $600 million large-scale solar projects in Azerbaijan. The projects, comprising the 445 megawatt (MW) Bilasuvar and 315MW Neftchala solar plants, are being funded by the European […] November 18, 2024
Renewable Energy Masdar signs agreement for Kazakhstan windfarm A $1.4 billion investment for the development of a 1GW windfarm in Kazakhstan has been signed between the Abu Dhabi Future Energy Company (Masdar) and Kazakhstan’s Ministry of Energy. The agreement, signed at Cop29, the 2024 United Nations Climate Change Conference, currently taking place in Baku, Azerbaijan, builds on commitments already made between the UAE […] November 12, 2024
Trade Arab world welcomes Trump back to the White House The Arab world has hailed Donald Trump’s successful bid to return to the White House, with his long-standing personal, business and political ties to the region bringing hopes of closer bilateral relationships with the United States for the next four years. The Emir of Qatar, Tamim bin Hamad Al Thani, was the first GCC leader […] November 6, 2024
Sustainability Adnoc and Oman’s 44.01 scale up carbon-to-rock project Abu Dhabi National Oil Company (Adnoc) and Omani company 44.01 have announced plans to scale up their carbon-to-rock project in the emirate of Fujairah following the successful completion of a pilot initiative. Muscat-based startup 44.01 – named after the molecule mass for CO2 – uses technology to accelerate a natural process in which carbon dioxide […] November 5, 2024
Artificial Intelligence Adnoc pioneers agentic AI to boost production forecasts by 90% Highly autonomous artificial intelligence, known as agentic AI, is being used for the first time by Abu Dhabi’s state oil company Adnoc in the hope of massively increasing the accuracy of production forecasts. Adnoc’s CEO Sultan Al Jaber said in a speech on the first day of the Adipec energy conference in Abu Dhabi that […] November 4, 2024
Opinion Tech Gulf bets on a quantum computing leap Subatomic technology could be a boon for finance, healthcare and national security November 1, 2024
Logistics Egyptian company buys into Neom-backed seaglider United Marine Egypt Shipping will be the launch customer for a large passenger seaglider that is designed to travel at high speeds over water. US maritime transport company Regent said UME will be the first to receive its Monarch seaglider. The Monarch is a 50-to-100-passenger electric craft that Regent says will travel up to 650km […] October 31, 2024
