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HE Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), met with a group from the Electricity and Water Authority (EWA) in the Kingdom of Bahrain. The group was led by HE Kamal bin Ahmed Mohamed Ahmed, President of EWA.
The meeting was attended by Nasser Lootah, Executive Vice President of Generation (Power and Water) at DEWA; Hussain Lootah, Executive Vice President of Transmission (Power); Rashid Bin Humaidan, Executive Vice President of Distribution (Power); Waleed Bin Salman, Executive Vice President of Business Development and Excellence; Dr. Yousef Al Akraf, Executive Vice President of Business Support and Human Resources; and Marwan Bin Haidar, Executive Vice President of Innovation and the Future at DEWA.
According to the news, theOPEC Fund for International Development (OPEC Fund) has entered into two separate loan agreements worth $20 million each with ACWA Power.
The funds will be used to support the construction and operation of two wind power plants: the 500 MW Dzhankeldy wind farm and the 500 MW Bash wind power plant, both located in the Bukhara region of Uzbekistan.
These new facilities will contribute to the country’s renewable energy generation capacity while also reducing greenhouse gas emissions and diversifying its energy mix.
The Big Project Middle East (BPME) editorial team has revealed that the inaugural Future of Water Summit (FOW Summit) will take place in Dubai on June 21, 2023.
As mentioned in the report, the summit has been launched in response to growing concerns around water scarcity and efforts to bolster water security, as increasing water demands and climate change exert growing pressure on regional water reserves and infrastructure.
Dubai, United Arab Emirates: Travel professionals and policymakers from across the globe will explore how the tourism sector is working towards net zero at the 30th edition of the Arabian Travel Market (ATM), according to the report.
It will take place at the Dubai World Trade Centre (DWTC) from May 1–4, 2023.
The Qatar General Electricity and Water Corporation (Kahramaa), represented by the National Programme for Conservation and Energy Efficiency (Tarsheed), signed a memorandum of cooperation and understanding with the Qatar Foundation’s (QF) Earthna Centre.
According to the report, the Ministry of Climate Change and Environment (MOCCAE) has entered into a Memorandum of Understanding (MoU) with Essa Al-Ghurair Investment (EGI) to collaborate on the National Carbon Sequestration Project.
The Cathay Pacific Group is happy to announce the release of its 2022 Sustainable Development Report, which shows the Group's ongoing commitments and progress towards achieving its sustainability goals.
Titled "Greener Together," the report reflects Cathay Pacific's belief that driving progress towards a sustainable future requires strong partnerships and collective action, according to the report.
Egypt is set to accelerate its transition to renewable power generation after the Red Sea Wind Energy Consortium announced that it had achieved financial close on the 500 megawatt (MW) Gulf of Suez 2 wind farm near Ras Ghareb.
As highlighted in the report, the project marks the first co-financing between the Japan Bank for International Corporation (JBIC) and the European Bank for Reconstruction and Development (EBRD) since the signing of a memorandum of understanding (MOU) in October 2022.
Saudi Electricity Company, a firm primarily owned by the Saudi Arabian Public Investment Fund, is planning to raise $2 billion through the sale of dual-tranche Islamic bonds, according to the report.
The company’s offer includes a 10-year green sukuk and a 30-year conventional Islamic paper.
Forbes International Tower, a new zero-carbon commercial tower in Cairo, Egypt, and an award-winning project, is set to elevate standards of green design and push boundaries of modern construction.
According to the report, Kasun Illankoon spoke to Magnom Properties CEO, Maged Marie, and leading architecture firm partners Adrian Smith, Gordon Gill, and Robert Forest, of AS+GG Architecture, to find out more about the project and the influence the project is set to make in the Middle East.