Masdar CEO Sultan Al Jaber is moving on to “greener” pastures, according to a statement released by Abu Dhabi investment giant Mubadala. The firm has appointed Al Jaber as its chairman; Masdar’s new CEO has been identified as Ahmad Belhoul.
Archive by category Business
When all else fails, run to wealthy Saudi Arabia. That seems to be the prevailing thought among Egyptian officials at a loss to resolve the ongoing dispute with Ethiopia over Nile water rights.
Ask any African who lives off the land, and they’ll tell you that water is life. But when the wells and rivers dry up, or become so polluted or full of disease that it kills their children and livestock, water can also be a great cause of sorrow.
Masdar has sued the Spanish government. The multi-pronged company funded in part by the government of Abu Dhabi helped build the world’s first 24/7 solar power plant in Spain, a feat made possible in part with subsidies. But Spain has now cut incentives for renewable energy, which eats into Masdar’s investment.
The switch was flipped this week as California’s Ivanpah solar thermal power plant went live. The 392 megawatt concentrating solar plant (CSP) is now delivering renewables to power the equivalent of 140,000 homes in California. After a long journey lasting decades of development, fighting regulations, manoeuvring around turtle conservationists, burning birds may be the latest problem.
Key investors in renewable energy for the Middle East and North Africa regions will be on hand to discuss the criteria for securing project financing. They will present the case studies of the Shams 1, a 100MW plant in Abu Dhabi and the Noor 1, a 160MW (being constructed in Morocco).
Africa’s largest silver mine has been operating in the Atlas mountains since 1969, but the Berber people living in the surrounding villages remain among the most poverty-stricken people in Morocco. Now Movement on the Road ’96 are living in an “occupation” camp to protest a silver mine’s water use and pollution.
The bone-dry plains of the Western Sahara may be no place to plant a garden, but their extreme solar irradiance values render them ideal for solar farming. Morocco has persuaded foreign investors to underwrite a $9 billion solar power project.
Abu Dhabi will host high level talks in advance of the UN Climate Summit in New York later this year.
I own a Smart TV, but it doesn’t connect or operate through a very smart interface. I have heating for my home, but it isn’t connected to any system or way to make it more efficient or smarter. But if the latest Google shopping spree is any indication, our homes will be getting smarter – […]
Although drinking alcohol is considered to be Haram or forbidden for Muslims, alcoholic beverages are becoming increasingly popular in Israel, and among Christians in the Middle East where growing vineyards and producing wine and vinegar has ancient historical roots.
Three years ago, Qatar won the right to be the first Middle Eastern country to host a World Cup in 2022; after much speculation, FIFA’s Secretary General Jerome Valcke publicly ruled out the possibility that the competition will take place in summer.
Some good news out of the Middle East region for a change: It was announced at the Israel Business Forum that Israel has signed an historic water-sharing agreement with Jordan and the Palestinian Authority. But not all parties are happy with political manoeuvrings around the announcement.
Israel’s Ormat Technologies has brokered a deal with eBay to power the online auction giant’s new data center in Utah using Recovered Energy Generation (REG) – a groundbreaking project made possible by new energy legislation.
We interviewed Karl Amman about illegal wildlife trafficking at the Westgate Mall in Nairobi about two years ago. Since then, increasingly violent poaching incidents have been linked to terrorist groups such as al-Shabaab, which recently claimed responsibility for an armed attack on the Israeli-built shopping center in Kenya.
Sharks hauled from the Persian Gulf provide fodder for shark fin soup in Hong Kong, and the endangered bluefin tuna is popular there too. But now the government has instituted a new ban that could reduce consumption of both.
Iran said it was going to send a monkey into space in 2011, but that didn’t happen. Now a top space official has told the state news agency IRNA that it’s sending a Persian cat instead.
Hiriya just south of Tel Aviv went from being a teeming trash mountain to a renowned recycling center, and now it will also be the site of the Middle East’s largest Refuse Derived Fuel (RDF) plant.
Eerie and beautiful, The Scarecrow is a powerful anti-factory-farming message served up in a new commercial that barely refers to what’s actually being pitched. But the intent is as subtle as a brick to the head: Chipotle Mexican Grill is taking on Big Food.
Recently launched by Qatar’s Al Jazeera Media Network, Al Jazeera America has already made a splash for its no-nonsense climate change coverage – something local media stations have been too timid to tackle.
When the $10 billion Red-Dead Canal plan got the axe earlier in August, we discussed plan B for restoring some sense of water security to northern Jordan: a smaller desalination plant in Wadi Araba to trade water with Israel and Palestine.
Qatar Solar has purchased a stake in SolarWorld AG to give the firm a much needed fiscal boost. Called the BMW of solar panel producers, the German firm has been struggling to compete against China’s flood of cheap, generic photovoltaic panels.
Israeli activist Ari Leon Fruchter has launched a new Kickstarter campaign, but instead of getting Israelis naked with Spencer Tunic, this time he is raising funds for Naked Sea Salt – a sustainable new brand of salt from the Dead Sea.
Britain’s Prince Charles lectures long on climate change and the local food movement, but a recent discovery about one of his businesses suggests the title “His Royal Highness” is just a nod to his carbon footprint.
Sunrise Ltd, the court-appointed new owners of Israel’s Better Place electric vehicle company, now known as Green EV, is struggling to pay the company’s liquidators, and other potential buyers are asking the courts to reassign assets. Green EV is having a hard time paying off its bills, and that is surprising? Step in for a […]
Chronic and even acute supplies of fresh water in Israel and other parts of the Middle East has resulted in over-dependence on desalination. Even more ominous are predictions for the future of inadequate fresh water supplies following a NASA Image Technology survey of the accelerated disappearance of a large underground fresh water sea under Syria, […]
It’s hard to monitor vessels that pollute out at sea, so five aircrafts from Algeria, France, Italy, Morocco and Spain got together to keep an eye on the Mediterranean Sea in a recent coordinated aerial surveillance program organized by the Regional Marine Pollution Emergency Response Center for the Mediterranean Sea (REMPEC).
Researchers from Al-Azhar University, Boston University and the University of North Carolina have discovered an ancient river that may be revived, in theory, to irrigate Egypt’s farm lands.
Istanbul’s Gezi Park is currently safe from being demolished to make way for a re-development scheme pushed by Turkish Prime Minister Tayyip Erdogan. In early June, a court ruled in favor of the project’s opponents, when anti-government protests were at their peak, but the ruling was only recently released.
Amid the snipers, the rubble and the misery on many Syrian streets is another ugly phenomenon: garbage. In Adel’s* hometown of Janoub al Malaab, a district of Hama city, piles of waste give off an odour that is nearly unbearable.