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EEG plants 500 saplings in Abu Dhabi under ‘For Our Emirates We Plant’ Programme

ABU DHABI/ WAM Emirates Environmental Group (EEG) launched its tree planting programme, “For Our Emirates We Plant,” in partnership with Abu Dhabi Municipality, represented by the Shahama Municipality Centre. The event marked the commencement of the holy month of Ramadan and underscored the paramount importance of environmental stewardship and community engagement. During her opening address, Habiba Al Mar’ashi, Co-Founder and ...

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Barakah Plant $2.42 billion refinancing recognised as Green Loan Facility, reinforcing its integral role in rapid decarbonisation of UAE power grid

ABU DHABI/ WAM The AED8.89 billion ($2.42billion) refinancing of the Barakah Nuclear Energy Plant project, announced in 2023, has now been recognised as a Green Loan Facility. This important classification underscores nuclear energy’s major contribution to powering the UAE’s green economy and energy transition strategy through clean, carbon emissions-free electricity. Through the Barakah Plant, the Emirates Nuclear Energy Corporation (ENEC) ...

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UAE construction market valued at $94bn in 2023, says report

ABU DHABI / WAM The UAE construction market size was $94 billion in 2023 and the market will achieve an AAGR of more than 3% during 2025-2028, according to a report released by GlobalData, a data analytics and consulting company, headquartered in London. The growth is attributed to the increase in investments in transport and renewable energy infrastructure, with improvements ...

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