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Europe adopts key laws to reach 2030 climate target

BRUSSELS / WAM The European Parliament approved the deals reached with EU countries in late 2022 on several key pieces of legislation that are part of the “Fit for 55 in 2030 package” — the EU’s plan to reduce greenhouse gas (GHG) emissions by at least 55% by 2030 compared to 1990 levels in line with European Climate Law. The ...

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UAE President receives Jordanian King

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Tuesday received His Majesty King Abdullah II bin Al Hussein of Jordan, who is visiting the UAE accompanied by His Royal Highness Prince Hussein bin Abdullah II, the Crown Prince of Jordan. His Highness Sheikh Mohamed welcomed the Jordanian King and the Crown Prince at Al ...

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Taqa’s $1.5b dual tranche 5-year, 10-year bond offering complete

ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) announced on Tuesday the successful placement of an aggregate of $1.5 billion in 5-year and 10-year dual-tranche senior unsecured notes. The 10-year notes, sized at $1 billion and maturing on April 24, 2033, were issued at a coupon rate of 4.696%. These notes represent Taqa’s first green bond issuance and ...

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