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Green bond issuance will gradually grow in the Gulf

Location:

GULF STATES

Meanwhile, in the United Arab Emirates (UAE), a surge in green issuance from Emirati banks highlights the growth in a debt market that can help fund efforts to mitigate and adapt…

Saudi Arabia will implement a dual climate policy

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SAUDI ARABIA

Ahead of COP26, Saudi Arabia announced a Green Initiative and ambitious targets including net-zero carbon emissions by 2060. At the same time, officials are arguing that continued…

Saudi Arabia needs a strategy for the hydrogen sector

Location:

SAUDI ARABIA

It intends to produce up to 11 million tonnes of ‘blue ammonia’ annually by 2030, using 'blue' hydrogen made from natural gas but with mitigated carbon impacts. The target lacks…

NEOM is a key part of Saudi Arabia’s green rebranding

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SAUDI ARABIA

NEOM is a futuristic smart urban centre and tourism hub in north-western Saudi Arabia. The official rhetoric associated with the launch of NEOM emphasises the project’s…

Morocco will be a major player in green hydrogen

Location:

MOROCCO

The investment reaffirms OCP’s central role in the kingdom’s accelerating plans to become a major producer of green hydrogen feedstock. The government has foreign investors signed…

Prospects for MENA green energy transition to 2030

Location:

PROSPECTS 2030

High oil and gas prices have incentivised Middle Eastern and North African (MENA) hydrocarbon importers to accelerate their renewables build-outs, while exporters have deployed…

The Gulf will take on the energy transition challenge

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GULF STATES

The zero-carbon fuel, promoted as a way to assist a global energy transition away from oil and gas, is the focus of major planned projects in Oman and Saudi Arabia. Meanwhile…

Oman’s green hydrogen sector will grow over the decade

Location:

OMAN

Oman has a long pipeline of green hydrogen projects and the clearest strategy in the Gulf for the industry’s development. It aims to have 30 gigawatts of electrolyser capacity by…

IPO activity in the Gulf states will be strong in 2023

Location:

GULF STATES

The back-to-back ADNOC fundraisers are indicative of a flourishing IPO market throughout the Gulf Cooperation Council (GCC) states that stands in contrast to depressed activity…

Qatar’s green strategy will focus on greening of LNG

Location:

QATAR

Doha’s decarbonisation strategy, which started slowly, focuses on electricity production and industrial exports. Qatar has toughened sustainability targets and moved swiftly…