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Masdar and GEK TERNA Strike Landmark €3.2bn Deal. UAE Renewables Champion to Acquire Greece’s TERNA ENERGY

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Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today that it has reached a definitive agreement with GEK TERNA SA (GEKTERNA.AT) and other shareholders of TERNA ENERGY SA (TENERGY.AT), with the intention to acquire initially 67% of the company’s outstanding shares at completion of the transaction, subject to regulatory approvals and other conditions. After completion of the transaction, Masdar will launch an all-cash mandatory tender offer to acquire all the remaining outstanding shares of the company with the intention of reaching 100%.

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During 2023, 314 New UAE Schools Join EAD’s Sustainable Schools Initiative

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In 2023, a total of 314 governmental and private schools joined the internationally recognised Sustainable Schools Initiative (SSI), which was launched by the Environment Agency – Abu Dhabi (EAD) in 2009.

The programme helps harness the culture [...] 

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During 2023, 314 new UAE schools join EAD’s Sustainable Schools Initiative

Image for During 2023, 314 new UAE schools join EAD’s Sustainable Schools Initiative

In 2023, a total of 314 governmental and private schools joined the internationally recognised Sustainable Schools Initiative (SSI), which was launched by the Environment Agency – Abu Dhabi (EAD) in 2009.

The programme helps harness the culture of sustainability, promote eco-friendly practices, educate school students to measure their environmental impact, inspire them to drive change, and empower them to be socially responsible in the future.

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Yahsat Ranks High Among Middle East’s Top 10 Most Sustainable Companies By S&P Global

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Al Yah Satellite Communications Company (Yahsat), the UAE’s flagship satellite solutions provider, (ADX trading Symbol: YAHSAT), announces that it has been ranked in the top ten most sustainable companies in the Middle East, according to the S&P Global ESG Scores. Yahsat has sealed the 6th and 3rd positions in the Middle East and the UAE rankings respectively.

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WiSER Pioneers tackle climate challenges in water-stressed Morocco

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Women in Sustainability, Environment, and Renewable Energy (WiSER) - a global initiative established by the UAE’s two leading sustainability champions, Masdar and the Zayed Sustainability Prize - has successfully completed the latest instalment of its WiSER Cares program.

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Etihad Credit Insurance Showcases Its Efforts In Promoting Sustainability And Climate Action At ‘TXF Global 2024’

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Etihad Credit Insurance (ECI), the UAE's federal export credit company, participated in TXF Global 2024 conference, organised by Exile Group in Athens, Greece. During the conference, Her Excellency Raja Al Mazrouei, CEO of ECI, highlighted the company's dedication to aligning its strategies with both national and international climate goals as well as reinforcing the role of Emirati women in local, regional, and global trading, investment and business communities.

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