BLOOMBERG  A warming world is making the need to stay cool more pressing. Hot countries are getting hotter, tipping normal summer temperatures into dangerous territory more frequently. Temperate countries are experiencing heat waves that were once unthinkable. Globally, an estimated 1.2 billion rural and urban poor are at risk because they currently lack access to cooling, including refrigeration and air …

DUBAI / WAM To enhance sustainability and promote the digital transformation of the maritime sector, the UAE Ministry of Energy and Infrastructure (MOEI UAE) signed agreements with six key industry entities for the “Blue Pass” initiative, making them strategic partners for the success of the platform. The signing took place during the 2023 edition of Seatrade Maritime Logistics Middle East, …

ABU DHABI / WAM Aldar Investment Properties (AIP), the largest real estate management company in Abu Dhabi and subsidiary of Aldar Properties PJSC (Aldar), has successfully raised $500 million through an inaugural green sukuk. The 10-year sukuk was priced with a 4.875 percent coupon rate and is amongst the highest price tightening of any corporate issuance in 2023. The effective …