RIYADH: UAE-owned renewable energy company Masdar said that its green Real Estate Investment Trust has secured $200 million financing amid efforts to expand on acquisitions and stimulate growth of its sustainable portfolio. The deal was signed with First Abu Dhabi Bank, known as FAB, which will be the mandated lead arranger of the transaction. The announcement came during an
Abu Dhabi Global Market (ADGM) has announced that the fourth edition of its landmark Abu Dhabi Sustainable Finance Forum (ADSFF), to be held virtually today (January 19), will be a carbon-neutral event and platform.
ABU DHABI, 19th January 2022 (WAM) – Abu Dhabi Global Market, the leading International Financial Centre in Abu Dhabi, today announced that it had achieved a "carbon-neutrality" status by offsetting its 2021 carbon emissions as an organisation, thereby reinforcing ADGM’s commitment to building a progressive and more sustainable economy, and in addition, positioning ADGM as the first IFC in the world to be "carbon neutral."
This development came following ADGM’s recent decision to transform the 4th edition of Abu Dhabi Sustainable Finance Forum (ADSFF) into.
RIYADH: Abu Dhabi-based renewable energy company Masdar is to explore collaborations with a South Korean agency in an effort to boost green hydrogen-powered initiatives. Amid talks on potential collaborations, Masdar and Korea Agency for Infrastructure Technology Advancement, or KAIA, said they aim to close a deal next month. This is in line with a wider agreement that was