UAE's Alterra targets Italian solar as part of $250B green finance drive The Emirati private investment fund aims to mobilize $250 billion through partnerships in global climate finance annually. United Arab Emirates
Qatari-led consortium signs $7B deal with Syria for 5,000 MW of electricity Syria’s electricity grid needs extensive expansion after 14 years of civil war. Syria
On fifth Greece visit, Egypt’s Sisi and Mitsotakis advance energy projects: What to know The new partnership agreement appears to further cement the two nations' growing ties even as migration challenges persist. Egypt
Jerusalem wildfires rage for second day as environmental groups blame Netanyahu According to Israeli environmental groups, the government has repeatedly ignored calls to prepare for the threat of fires and to take more decisive action on climate change goals. Israel
Exclusive Saudi finance minister hints kingdom could meet 2030 renewables target early By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Exclusive Global renewables surge forward despite Trump’s climate reversals, says IRENA chief By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Oman continues economic reforms by listing drilling company on stock exchange Oman’s fiscal performance has improved in the last year, and the country wants to produce more alternative forms of energy, such as hydrogen. Legacy: Gulf
OPEC Fund raises $1 billion via sustainability bond Gulf states in the organization are showing increasing interest in funding projects related to the environment, renewable energy and green technology. Legacy: Gulf
South Korea-UAE visit showcases alignment on arms, energy deals A $30 billion pledge from the UAE to invest in South Korean industries was one outcome of the four-day visit By Salim A. Essaid
Negev Forum convenes in UAE with Jordan absent from Arab-Israeli meeting Senior officials from the United Arab Emirates, Bahrain, Egypt, Morocco, the United States and Israel have convened in Abu Dhabi for the third Negev Forum steering committee meeting. Israel
Abu Dhabi to invest $15 billion in decarbonization The Abu Dhabi National Oil Company’s interest in carbon capture and hydrogen is not new, and is part of a wider shift in the United Arab Emirates. Legacy: Gulf
Dubai’s use of solar power increased in 2022 Dubai is playing a large role in the UAE’s move toward solar energy. Legacy: Gulf
Elon Musk’s electric vehicle company Tesla hiring in Turkey The US electric vehicle maker already has a presence in Jordan and Israel and could soon launch in Turkey, where Musk has a good relationship with President Erdogan. Turkey
Saudi Arabia sends blue ammonia to South Korea Saudi-South Korean energy and economic cooperation is increasing. Other Gulf states are also exploring blue ammonia, and the energy source has both benefits and downsides. Legacy: Gulf
Israel earmarks residential rooftops for electricity production The new strategy of the Ministry of Energy includes encouraging residential buildings to install solar panels that would then be connected to the national electricity grid. Israel
PRO: Middle East climate tech startups to be hot investment in 2023 A handful of regional firms have received significant investments recently. By Al-Monitor Staff
Iran produces pickup truck in compliance with EU emission standards Khodro’s Foton Tunland complies with the European Union’s Euro VI emission standards for heavy vehicles. Iran
Egypt, US, Germany launch plan to reduce methane emissions The COP27 initiative seeks to accelerate Egypt's green energy transition. Egypt
