Abu Dhabi / WAM Shargiil Bashir, Chief Sustainability Officer at First Abu Dhabi Bank (FAB), said that the bank facilitated over AED25.7 billion ($7 billion) for sustainable projects in 2022, noting that the bank has made significant progress by financing many projects across the energy supply, buildings, transportation, waste, water, and food sectors. In statements to the Emirates News ...

  Abu Dhabi / WAM Mubadala Energy has signed a memorandum of understanding with OMV Downstream GmbH (OMV) and Pak-Arab Refinery Limited (Parco) to explore opportunities in sustainable fuels and feedstock production in Pakistan. Under this agreement, the firms will explore the possibility of pursuing projects in circular economy initiatives, including plastics production and recycling, sustainable fuels and feedstock as ...

  Abu Dhabi / WAM The Ministry of Industry and Advanced Technology (MoIAT) oversaw the signing of a memorandum of understanding (MoU) at Abu Dhabi Sustainability Week (ADSW), which will lay the groundwork for new plastic recycling facility in the UAE. Under the plans, a 12,000 tonnes per annum polyethylene terephthalate (PET) recycling plant has been earmarked for Abu Dhabi. ...