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As part of the Circular Economy initiative, which is in line with the Kingdom's 2030 vision, Saudi Aramco TotalEnergies Refining and Petrochemical Co.
According to a statement released by the UAE's national news agency on 8 November 2022, the presidents of the UAE and Egypt signed a deal to create one of the largest onshore wind farms in the world in Egypt.
At the United Nations global climate change summit in the Egyptian resort town of Sharm El-Sheikh, Saudi Arabia launched 66 new initiatives as part of its environmental agenda, according to officials.
Oman Cables Industry (OCI), Oman's biggest industrial cable maker, has set aggressive carbon reduction targets to reach net-zero carbon emissions across all scopes by 2050.
On 8 November 2022, the Dubai Financial Services Authority's (DFSA) Task Force on Sustainable Finance (TFSF) released a report titled Climate and Environmental Risk Management.
From December 5th - 8th, 2018, the Big 5 will setup a forum at the Dubai World Trade Centre (DWTC) for the construction industry's foremost minds, disruptors, and innovators, as well as consultants from firms with an eye toward Environmental, Social, and Governance (ESG) issues.
In line with the United Arab Emirates' (UAE) efforts to promote the circular economy and lead the industry toward a more sustainable, resource-efficient model, Al Bayader International, a global manufacturer, distributor, and retailer of sustainable food packaging, healthy food, and personal and home care products, has announced strategic partnerships with global leaders in sustainability to accelerate and empower the GCC's circular economy.
Egyptian Minister of International Cooperation Rania Al-Mashat, German Vice-Chancellor and Federal Minister for Climate Action and Economic Affairs Robert Habeck, and Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker signed a joint declaration of intent for cooperation in the field of green hydrogen between the Egyptian and German governments.
On Monday, November 7, 2022, Crown Prince Mohammed bin Salman announced that Saudi Arabia will provide $2.5 billion to the Middle East Green Initiative over 10 years and house its headquarters.
The Saudi Energy Minister, Prince Abdulaziz bin Salman, and his Omani colleague