Egypt’s steel exports to Europe witnessed a dramatic decline of 90% [1] in January, according to a recent report. The sharp drop comes as the European Union prepares to impose a 15.6% anti-dumping duty on hot flat steel imports starting April 7. This development has significantly impacted Egypt’s steel trade with key European markets, including […]
The Saudi Arabia Fashion Commission (FC) and the Japan External Trade Organization (JETRO) have established a new partnership to promote innovation and sustainability in the Saudi fashion industry. This association is motivated by the FC’s strategic goals of teaching local designers, strengthening the fashion ecosystem, and protecting cultural heritage. The cornerstone of this partnership is […]
The Moroccan Ministry of Industry and Trade has initiated an anti-dumping investigation into steel wire imports from Egypt and the United Arab Emirates (UAE). The Investigation, which has commenced, follows claims from Moroccan companies that suggest these steel wire imports are being sold at unfairly low prices, causing significant harm to the local steel industry. […]
President Donald Trump has reignited trade tensions by imposing sweeping tariffs on key trading partners, including Canada, Mexico, and China. Beginning his second term with a bold move, Trump reinstated a 25% tariff on steel imports, escalating the situation into a full-blown trade war with immediate retaliatory measures announced by affected nations. Effective from March […]
Recent statements highlight the Middle East and North Africa’s (MENA) potential to take the lead in the global industry’s shift toward green iron and steel, according to the Institute for Energy Economics and Financial Analysis (IEEFA). Libya has announced plans to become a supplier of direct reduced iron (DRI) in the Mediterranean basin and beyond unveiling […]
Qatar Steel and Bahrain Steel have announced a $1.266 billion deal [1] to enhance industrial cooperation and strengthen the steel industry in the region. The agreement, which covers the supply of 5 million metric tons of raw materials over five years, was revealed at a joint press conference held in Doha. The deal is part […]
Masdar, TAQA, and Eni have signed an agreement to support the tripartite initiative [1] between the UAE, Italy, and Albania as a move towards enhancing cross-border renewable energy collaboration. The agreement was signed in the presence of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Italian Prime Minister Giorgia Meloni during Abu […]
Saudi Arabia is making significant strides towards its ambitious goal of generating 50% of its energy from renewable sources [1] by 2030. This initiative is a key component of the Kingdom’s Vision 2030, which aims to diversify the economy and reduce its dependence on oil. The Saudi Green Initiative, launched by Crown Prince Mohammed bin […]
The Gulf Cooperation Council (GCC) region is witnessing a surge in electricity investment, driven by ambitious renewable energy targets, according to a recent report by Fitch Ratings [1]. The report highlights that the growth in investment is primarily supported by the GCC’s commitment to increasing the share of renewable energy and improving the efficiency of […]
Positive Zero, the Middle East’s leading decarbonization and energy transition provider, has reported record growth over the past year [1]. Since aligning with BlackRock, the world’s largest asset manager, in December 2023, Positive Zero has doubled its earnings and nearly tripled its capital expenditure on projects. The company says that they have significantly expanded its […]
Al Yamamah Steel Industries Company has agreed with the South Korean branch of Hyundai Engineering & Construction to supply steel towers for a 380 kV ultra-high voltage transmission line project in Saudi Arabia’s western region. In a statement to the Saudi Stock Exchange on Tuesday, the company announced that the contract is valued at 174.91 […]
Masdar, the UAE’s leading clean energy company, is in discussions to expand its portfolio [1] of 24/7 ‘baseload’ green power plants. This move follows the successful launch of the world’s first large-scale project combining solar power and battery storage, capable of delivering uninterrupted renewable energy around the clock. The groundbreaking project, located in Abu Dhabi, […]
Oman is making significant strides in its renewable energy sector, with plans to launch ten new projects between 2027 and 2029 [1], targeting a combined capacity of around 2,300MW. This ambitious move is part of the sultanate’s broader efforts to diversify its energy mix and reduce reliance on fossil fuels, aligning with Oman Vision 2040, […]
The UAE’s renewable energy sector, the Dubai Electricity and Water Authority (DEWA) has announced that its pumped-storage hydroelectric power plant in Hatta will begin exporting clean energy [1] to Dubai in April 2025. This project, which is the first of its kind in the GCC region, is set to contribute to Dubai’s clean energy goals […]
New Hampshire lawmakers have passed two bills [1] that could see the state stepping back from its renewable energy commitments amid rising power prices. The legislation, House Bill 504 and House Bill 682, aims to prioritize affordability and efficiency by emphasizing market-driven energy sources, including fossil fuels. House Bill 504 updates the state’s energy policy […]
TrinaTracker, a global leader in smart solar tracking solutions and a subsidiary of Trinasolar Co. Ltd, has announced the opening of a new manufacturing facility [1] in Saudi Arabia. The factory, named Trina Tracker for Renewable Energy, is set to begin operations in the first quarter of 2025 and will have an annual production capacity […]
Indonesia’s newly established sovereign wealth fund, Danantara, [1] has garnered significant interest from the United Arab Emirates (UAE) for potential collaboration on renewable energy projects. This partnership aims to develop an impressive 10 gigawatts (GW) of renewable energy capacity, marking a major step towards Indonesia’s ambitious climate goals. Danantara, which consolidates assets from several Indonesian […]
Steelinvest and Chinese steel producer Delong Steel have established a joint venture, named Ziming SG Global, to focus on marketing mill export sales. The Joint venture, based in Dubai, is led by Fred Hayrapet of Steelinvest Group. The company will primarily target semi-finished and finished steel products across long and flat products. Hayrapet emphasized that […]
Dubai, UAE – Dubai Electricity and Water Authority (DEWA) is making significant strides in advancing renewable water desalination [1] with the construction of the Hassyan Seawater Reverse Osmosis (SWRO) Plant. This state-of-the-art facility, part of DEWA’s strategy to enhance water security using sustainable sources, is set to become the world’s largest SWRO plant. The Hassyan […]
Chinese batteries and electric vehicles, BYD Energy Storage has officially signed contracts [1] with the Saudi Electricity Company (SEC) to deliver a massive 12.5 gigawatt-hours (GWh) of battery energy storage systems (BESS) across five sites in Saudi Arabia. This deal marks the world’s largest grid-scale storage deployment to date. The project supports Saudi Arabia’s Vision […]
Emirates Steel Arkan (EMSTEEL) has unveiled its new decarbonisation strategy to reach net-zero emissions by 2050, reports say. The company has announced plans to cut absolute greenhouse gas (GHG) emissions by 40 percent in its steel business unit and by 30 percent in its cement business unit by 2030, using 2019 as the baseline year. […]
During a press conference at the Islamic Arts Biennale, the Saudi Fashion Commission announced its most recent sustainable initiative, the Sustainable Ihram initiative, focusing on recycling Ihram garments to create eco-friendly attire. The initiative aims to recycle Ihram clothing by collecting, sorting, and repurposing pilgrims’ textile waste to make new, sustainable Ihram attire. The Fashion Commission launched […]
Abu Dhabi Future Energy Company (Masdar), the UAE’s clean energy leader, TotalEnergies, and EPointZero, the decarbonization arm of 2PointZero, have signed a Framework for Action (FFA) agreement [1] to drive access to clean energy in emerging markets and developing economies in Africa and Asia. The agreement was signed at the third plenary meeting of the […]
Abu Dhabi-based Emirates Water and Electricity Company (EWEC) has announced a Request for Proposals (RFP) for the development [1] of the Al Sila Wind Independent Power Project (IPP), aiming to significantly boost the UAE’s renewable energy capacity. Located near the existing utility-scale wind farm in Al Sila, this project is set to generate up to […]
Trinasolar, a photovoltaic (PV) technology company [1], is making significant strides in the renewable energy sector across the Middle East and Africa (MEA) region, thanks to its innovative solutions and strategic initiatives. Trinasolar has introduced groundbreaking products specifically designed to tackle the unique challenges posed by the region’s harsh climatic conditions. The Vertex N 630W […]
The partnership between the two companies is prioritising performance monitoring and is implementing reporting mechanisms to track environmental impact while they measure emission reductions and enhance project transparency. SEE Holding has signed a Memorandum of Understanding (MoU) with Arabian Gulf Steel Industries (AGSI), marking a step towards advancing sustainable construction practices in the region. This […]
ACWA Power, a Saudi Arabia based leading developer of power and water solutions, has signed several key agreements [1] with Saudi Aramco to drive renewable energy and innovation in Saudi Arabia. These agreements were announced during ACWA Power’s flagship Innovation Days 2025 event in Riyadh. The partnerships focus on advancing renewable energy deployment and green […]
Salah Abdel Kerim, Chairman of the Egyptian General Petroleum Corporation (EGPC), recently chaired a meeting of the Energy Transition Committee [1] to discuss the progress of the corporation’s renewable energy projects. During the meeting, Abdel Kerim emphasized the strategic necessity of transitioning from fossil fuels to renewable energy sources to ensure the sustainability and competitiveness […]
The Gulf Cooperation Council (GCC) nations have announced a major investment of $100 billion in renewable energy [1] by 2030. This ambitious plan aims to significantly reduce carbon emissions by up to 20% and position the GCC as a key player in global sustainability efforts. The announcement was made during the 43rd meeting on ‘Future […]
Qatar Steel and Bahrain Steel have signed a $1.27 billion agreement to supply 5 million tonnes of the product over five years, aiming to enhance industrial cooperation and strengthen the sector in the region. On February 9, Qatar’s Ministry of Commerce and Industry announced the agreement, stating that it aligns with the Industrial Partnership for […]
The agreements have been signed with Hafeet Rail Infrastructure, the region’s first cross-border rail network connecting Oman and the UAE. Emsteel, the region’s largest publicly traded steel and building materials manufacturers, has established strategic partnerships to streamline raw material sourcing from Oman and cross-border rail transport. Emsteel has formalized agreements with Hafeet Rail Infrastructure, the […]
Oman is gearing up to harness its renewable energy potential to power its Artificial Intelligence (AI) initiatives [1], according to the Ministry of Transport, Communications, and Information Technology. Eng. Said bin Hamoud al Maawali, the Minister, emphasized the importance of preparing for the expected surge in electricity demand driven by AI, which is projected to […]
Saudi Arabia’s aid agency King Salman Humanitarian Aid and Relief Center (KSrelief), in collaboration with the United Nations Development Programme (UNDP), has launched a new project in Aden, Yemen.[1] The program aims in empowering Yemeni women through renewable energy, by providing them with tools to generate income and strengthen their role in society. The initiative […]
The company is to set up the pellet and DRI plants India’s Larsen & Toubro (L&T) said its minerals & metals (M&M) business vertical had received an order to set up a pellet plant and a direct reduction of iron (DRI) plant in the Middle East & North Africa (MENA) region. The GCC order is a […]
The World Steel Association says that the global crude steel production in 2024 declined by about 1% year-on-year. With the data released, organizations now want to determine where steel prices might go for the rest of 2025. On January 24, the Brussels-based association reported that total volumes for the year exceeded 1.88 billion metric tons, […]
In a significant move towards achieving its Net Zero goals, Oman’s Ministry of Energy and Minerals has introduced a new policy framework [1] aimed at fostering investments in energy storage. The policy, known as the “Electricity Self-Generation, Direct Sales, and Wheeling Policy,” is designed to promote the growth of integrated renewable energy capacity, including generation, […]
The Middle East and North Africa (MENA) region is projected to attract over $1 trillion [1]in renewable energy investments by 2030, according to Mark Thomas, Group CEO of Bapco Energies. This announcement was made during the third edition of the Sustainability Forum Middle East, held in Bahrain. The forum, which drew over 400 regional and international decision-makers, […]
Dubai Electricity and Water Authority (DEWA) celebrated two events [1] on January 26, 2025, to mark the International Day of Clean Energy on the 26th of January at DEWA’s Sustainability and Innovation Centre, located within the Mohammed bin Rashid Al Maktoum Solar Park. The two events were organized in collaboration with the Ministry of Climate […]
The Royal Group of Abu Dhabi has taken up the majority of the fashion label Pangaia. The transaction’s financial information was kept secret. Pangaia, a London-based company, creates eco-friendly apparel from recycled and organic materials and sells it mostly online. Its apparel and accessories are made from next-generation materials, such as Frutfiber, a cotton substitute, […]
CleanMax, a Brookfield-supported renewable energy provider, has secured USD 27 million in long-term credit from HSBC [1] to fund and develop 92 onsite solar assets in the UAE. These projects will be implemented across various industrial sites, malls, schools, and universities. The financial agreement includes an additional uncommitted AED 37 million (USD 10 million) to […]
Vale, a global leader in sustainable mining, has reported to take a major step toward green steel production by signing a land reservation agreement with the Royal Commission of Jubail and Yanbu in Saudi Arabia. The agreement paves the way for the development of a Mega Hub at Ras Al-Khair Industrial City, marking a strategic […]
In a landmark step towards advancing sustainability, Coca-Cola Al Ahlia Beverages Company, in collaboration with Emerge – a joint venture between UAE’s Masdar and France’s EDF Group, inaugurated a 1.8-megawatt solar power plant at its production facility in Al Ain. The project marks a significant milestone [2] in Coca-Cola Al Ahlia Beverages Company’s commitment to […]
Albania, Italy, and the United Arab Emirates (UAE) have signed a tripartite strategic partnership [1] agreement on renewable energy and energy infrastructure. The agreement was signed in Abu Dhabi during the Abu Dhabi Sustainability Week, in the presence of UAE President Mohamed bin Zayed al Nahyan, Italian Prime Minister Giorgia Meloni, and Albanian Prime Minister […]
A new report released by the Middle East Solar Industry Association [1] (MESIA) during the World Future Energy Summit 2025 in Abu Dhabi highlights the UAE’s leadership in the regional solar energy sector. The report, titled “Solar Outlook Report 2025,” outlines the rapid growth of solar energy in the Middle East and North Africa (MENA) […]
The United Arab Emirates-based clean energy firm Masdar has signed a $15 billion landmark deal [1] with the Philippines to develop up to 1 gigawatt (GW) of renewable energy projects by 2030. This agreement, signed during the Abu Dhabi Sustainability Week 2025, aims to support the Philippines’ goal of increasing the share of renewable energy […]
The United Arab Emirates’ state-owned renewable energy company, Masdar, has announced a groundbreaking $6 billion project [1] aimed at delivering reliable clean power. The project, unveiled during Abu Dhabi Sustainability Week, is designed to generate 1 gigawatt (GW) of uninterrupted renewable energy. Sultan Al Jaber, chairman of Masdar and UAE Minister of Industry and Advanced […]
Saudi Arabia’s ACWA Power has made a significant move into China’s renewable energy market with two major agreements worth $312 million [1]. These agreements mark a substantial step in ACWA Power’s global expansion strategy and highlight its commitment to supporting China’s clean energy transition. The first agreement involves a 132-megawatt solar photovoltaic (PV) portfolio in […]
Suhail Al Mazrouei, the UAE Minister of Energy and Infrastructure, recently announced that the UAE has become the fastest-growing clean energy market in the region [1]. Speaking at Abu Dhabi Sustainability Week, Al Mazrouei emphasized the UAE’s leading role in clean and renewable energy, which is crucial for stabilizing global energy markets and driving sustainable […]
During the 15th International Renewable Energy Agency (IRENA) Assembly held in Abu Dhabi, Her Excellency Dr. Amna bint Abdullah Al Dahak, UAE Minister of Climate Change and Environment, emphasized the UAE’s commitment [1] accelerating the global energy transition. In her address, Dr. Al Dahak highlighted the UAE’s ambitious targets, including doubling its clean and renewable […]
As part of Egypt’s broader strategy to harness its mineral wealth and reduce reliance on fossil fuel electricity sources, they are set to prioritize mining and renewable energy projects [1] in 2025. The country’s Petroleum and Mineral Resources Minister, Karim Badawi, announced these plans during a session in Egypt’s Senate, emphasizing the launch of a […]
AMEA Power, a rapidly growing renewable energy company based in the UAE, has been awarded two significant Battery Energy Storage System (BESS) projects in South Africa [1] through a competitive bidding process. The projects, named Gainfar and Boitekong, are located in the North West Province and each will have a capacity of over 300 megawatt-hours […]
The Dubai Electricity and Water Authority (DEWA) has established the Sustainability and Innovation Centre [1] at the Mohammed bin Rashid Al Maktoum Solar Park to promote Dubai’s position as a global hub for clean energy and sustainable technology. The Centre offers a range of scientific and professional programs, training courses, and interactive competitions in collaboration […]
Saudi Arabia’s ACWA Power has successfully secured $703 million [1] (SR2.63 billion) in financing to develop, operate, and maintain a 1,100-megawatt wind power plant in Egypt’s Suez governorate. The funding was sourced from a consortium of international financial institutions, including the European Bank for Reconstruction and Development (EBRD), African Development Bank (AfDB), British International Investment, […]
The United Nations Convention to Combat Desertification (UNCCD) launched a new publication, “Fashion and Land” [1], at COP16 in Saudi Arabia. The report explores the significant impact of the fashion industry on land use, soil health, and degradation through its fiber choices and production practices. The UNCCD’s report underscores the profound impact of the fashion industry on […]
Modon, a master developer, and EMSTEEL Group, the UAE’s largest steel and building materials manufacturer, have signed an MoU reflecting a strategic alliance to confirm Modon as the first real estate developer to use low-carbon steel in the UAE. This partnership is vital in driving the construction industry’s transition toward sustainability and decarbonization. Aligned with […]
Hydrom, the Sultanate of Oman’s green hydrogen orchestrator, has revealed plans for its third round of green hydrogen auction , set to launch in early 2025. The announcement was made during the inaugural Green Hydrogen (gH2) Investor Day, an event that brought together over 400 global stakeholders, investors, and industry leaders to highlight Oman’s progress […]
Saudi Arabian online cosmetics retailer Nice One Beauty has announced plans for an initial public offering (IPO) [1] aiming to raise up to 1.21 billion riyals ($322 million). The company will offer a 30% stake at 32 riyals to 35 riyals per share, valuing the firm at 4 billion riyals at the top end of […]
The UAE’s clean energy leader has announced the successful completion of its acquisition of a 70% stake in TERNA ENERGY SA, purchasing the shares from GEK TERNA SA and other shareholders. The deal, valued at €20 per share, was finalized following the receipt of all necessary regulatory approvals. The transaction, which values TERNA ENERGY at […]
Saeed Khalfan Al Ghafri, CEO of Emirates Steel, a subsidiary of the Emsteel Group, has announced plans for a groundbreaking project to produce low-carbon iron in Abu Dhabi in partnership with Japanese collaborators. The initiative aims to address the growing global demand for sustainable and eco-friendly products, reported Zawya. In statements to the Emirates News […]
The Dubai Exhibition Centre (DEC) at Expo City is set to undergo an expansion, utilizing 14,000 tonnes of steel, equivalent to constructing two Eiffel Towers, according to a report by Khaleej Times. The project is also said to feature 78,000 square meters of roof sheeting, covering an area comparable to 62 Olympic-size swimming pools, the […]
Khalifa Economic Zones Abu Dhabi (KEZAD) Group and UAE-based Pipetec Solutions Manufacturing have signed a landmark 50-year land lease agreement to establish a cutting-edge steel pipe bending facility in KEZAD Al Ma’mourah (KEZAD A). With an investment of AED 100 million, the 18,000-square-metre plant will feature advanced induction-bending technology, enabling the production of high-quality, precision-engineered […]
The Industrial Transition Accelerator (ITA) has announced new partnerships with the governments of the UAE and Bahrain to expand its industrial decarbonization initiatives throughout the Middle East and North Africa (MENA) region, Zawya Reported. According to the report, This marks the ITA’s second focus region after the success of its Brazil program, launched in collaboration […]
Masdar has entered into a Joint Study Agreement with Sarawak Energy and Gentari to evaluate the feasibility of a large-scale floating solar power plant at the Murum Hydroelectric Plant reservoir in Sarawak, Malaysia. This initiative represents a significant move towards enhancing renewable energy capacity in the state and aligns with Malaysia’s broader clean energy goals. […]
There are 7 major factories producing iron ore in Oman now, contributing to the Sultanate’s GDP increased to more than 2% according to the statement by the Directorate General of Industry at the Ministry of Commerce, Industry and Investment Promotion (MoCIIP) The 2022 industrial survey data showed that the exports of these factories amounted to […]
Kanoo Energy has expanded into cleaner energy projects and technologies, driven by increasing demand for energy efficiency in the UAE’s manufacturing sector. Raman Marwaha, General Manager, outlines the company’s strategic initiatives, including investments in high-efficiency gas-based power generation and partnerships with technology providers to help clients implement sustainability programs and reduce emissions. The UAE government’s commitment […]
GE Vernova, Inc. will participate in the ADIPEC 2024 conference from November 4-7 in Abu Dhabi, UAE. ADIPEC, which stands for the Abu Dhabi International Petroleum Exhibition and Conference, is among the largest energy exhibitions in the world showcasing technologies aimed at enhancing reliable, affordable, and secure electricity systems while reducing carbon emissions. GE Vernova’s booth […]
During the Future Investment Initiative conference held in Riyadh from October 29 to 31, Saudi Arabia’s Energy Minister, Abdul Aziz Bin Salman, announced the country’s position as the leading producer of green and clean hydrogen, ready to export it globally. Salman emphasized the nation’s strategy to diversify its economy, enhance value, ensure supply chain flexibility, […]
Masdar, the UAE’s leading clean energy company, has announced that it is postponing its target of achieving 1 million tons per year of green hydrogen capacity beyond 2030. The firm’s press office indicated that the new target will extend over the next decade, although specific reasons for the delay were not provided. Masdar is actively […]
ACWA Power a Saudi company, is a leading private investor in renewable energy and the world’s largest private water desalination company, is expanding its renewable footprint in Africa with the Redstone Concentrating Solar Power (CSP) plant in South Africa that is set to achieve its full 100 MW capacity soon. This milestone, achieved in […]
With Qais bin Mohammed Al Yousef, Minister of Commerce, Industry, and Investment Promotion, Vale, a global leader in iron ore production, and China’s Jinnan Iron & Steel Group, known for its expertise in advanced separation technologies, have announced a partnership to establish Oman’s first iron ore concentration plant in SOHAR Port and Freezone. They are […]
UAE-based clean energy leader Masdar (Abu Dhabi Future Energy Company) and ADX-listed steel and building materials firm EMSTEEL announced on Monday that they have completed a pilot project showcasing the production of green steel using green hydrogen. The firm is using green hydrogen to extract iron from iron ore as per the official statement. The […]
Saudi Arabia– Neom is a mega flagship economic zone located in the far Northwest of Saudi Arabia. According to the official statements by the London headquartered news agency Arabian Gulf Business Insight on Monday, Neom is to consume one-fifth of the world’s steel production. Manar Al Moneef, Neom’s Chief Investment Officer, shared insights at the […]
Oman– Vitkovice Steel has agreed to purchase about 1 million tonnes per annum of low-carbon steel from Vulcan Green Steel, now under construction at Duqm SEZ. The Indian industrial powerhouse Jindal Steel Group is currently negotiating a purchase of the significant Czech mill Vitkovice Steel. This acquisition is expected to benefit Jindal’s Vulcan Green Steel project, which […]
Welcome to the Green Hydrogen Event 2024, a landmark summit poised at the heart of Dubai, where the future of sustainable energy meets innovation and leadership. This exclusive event is tailored for industry leaders, C-level executives, and visionaries in the field of renewable energy. Dubai, a city synonymous with groundbreaking advancements, hosts this pioneering forum. […]
About Us Nestled in the heart of the dazzling cityscape, this prestigious gathering convenes the mavericks of the fashion realm with the visionaries of sustainability. Here, amidst a blend of traditional Emirati elegance and contemporary innovation, industry leaders will unravel the threads of responsible fashion. Through enlightening discussions and immersive experiences, attendees will explore the […]
The 2025 Dubai Global Blockchain Summit is set to be a groundbreaking event dedicated to exploring the latest advancements and innovations towards sustainability for blockchain technology. Dubai, a strategic hub for innovation and collaboration, is set to redefine the opportunities for sustainable technology. We aim to explore the transformative power of blockchain in creating a […]
The International Green & Renewable Energy Conference is a premier gathering of global experts, innovators, and forward-thinkers. Dive deep into the latest advancements in sustainable technologies and renewable energy solutions. Why Dubai? Dubai stands as a beacon for the International Green and Renewable Energy Conference, with a confluence of strategic, infrastructural, and environmental elements that […]
