Environment - going green
November 2021

Traditionally, countries like Saudi Arabia and its fellow GCC members, have not been associated with green policies. It was only when they started to diversify their economies away from oil and engage in economic transformation, they raised prospects for sustainable growth.






November 2021

The Middle East Green Initiative launch in Saudi Arabia was hailed by the UN’s deputy chief as a valuable commitment and strategic vision, to transition regional economies away from unsustainable development, to a model “fit for the challenges of the 21st century” With only a few days until the G20 Summit of leading industrialise






November 2021

Sabic, a global leader in the chemical industry, has entered an agreement with the World Economic Forum (WEF) and other global chemical sector companies targeted at formalising the low-carbon emitting technologies (LCET) initiative into a stand-alone entity by 2023.






November 2021

Sabic has unveiled its global strategy towards carbon neutrality at the inaugural Saudi Green Initiative (SGI) Forum, which took place under the theme “A new era of action: Oasis Alive” in Riyadh.






November 2021

An international consortium comprising the alternative energy business unit of OQ, Marubeni Corporation, Linde and Dutco has signed a Joint Development Agreement (JDA) for the development of a green hydrogen and green ammonia project at Salalah Free Zone (SFZ).






November 2021

KBR has announced that its leading ammonia technology has been selected by Acme Group for its breakthrough green ammonia project to be built in Oman at a total investment of $3.5 billion.






November 2021

The Gulf Cooperation Council (GCC) countries have increased their focus on actions to address climate change concerns but there is an urgent need to further accelerate decarbonisation efforts, says a white paper.






November 2021

The global aluminium industry will need $1.5 trillion of investment to decarbonise just electricity supplies used to make aluminium so the sector can start meeting UN climate goals, a report said.






November 2021

A total $84 trillion of assets under management (AUM) is now captured by net zero commitments of the AUM of signatories to the three largest net zero initiatives, said Barclays in a new report.






November 2021

Investing in net zero projects such as solar panels, building retrofit and electric vehicle charging points across the eleven UK Core Cities and London will create a GBP500 billion investment opportunity, according to new research.






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