BAKU/WAM Abu Dhabi Future Energy Company (Masdar) and SOCAR Green, a wholly-owned subsidiary of SOCAR dedicated to sustainable projects, have reached financial close for the 445MW Bilasuvar and 315MW Neftchala solar projects in Azerbaijan. The European Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB) and the Asian infrastructure and Investment Bank (AIIB) are financing the two solar ...

DUBAI/WAM Aligned with leadership directives to enhance infrastructure in residential areas, support urban expansion, and elevate residents’ quality of life, Dubai’s Roads and Transport Authority (RTA) has launched a project to improve access points for four neighbourhoods. The upgraded entry and exit points – located along Sheikh Mohammed bin Zayed Road, Emirates Road, Sheikh Zayed bin Hamdan Al Nahyan Street, ...

BAKU/WAM The fifth day of the Faith Pavilion at COP29 featured a series of discussion sessions addressing the urgent challenges posed by climate change. Sessions emphasised the importance of enhancing transparency in global climate action and advocated for the unification of efforts by faith communities to achieve tangible results in tackling the environmental crisis. They also focused on combining religious ...