TAEF Acquires Metito Utilities to Advance Sustainable Water Management in MENA; UAE Accelerates Green Hydrogen Production and More...

The The Arab Energy Fund ,formerly known as Apicorp, has successfully led a consortium to acquire 100% of Metito Utilities, a global leader in sustainable water management solutions and climate-resilient water assets. The deal also includes providing additional growth capital to Metito, marking a key milestone in TAEF’s mission to advance energy security and sustainability across the Middle East, Africa, and Asia.

Under the visionary leadership of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the UAE is reinforcing its position as a global leader in low-carbon hydrogen production. This initiative is critical to achieving the UAE’s national goals of becoming one of the world’s largest and lowest-cost producers of low-carbon hydrogen.

Sungrow Power Supply Co., Ltd. , the global leading PV inverter and energy storage system provider, is thrilled to announce its participation in the World Future Energy Summit (WFES) 2025 in Abu Dhabi. On January 14, Sungrow will unveil a groundbreaking new string inverter designed to revolutionize the renewable energy landscape. With cutting-edge features and tailored solutions, this product is set to address the unique energy challenges in the MENA region while advancing the global energy agenda.

Erth Zayed Philanthropies has announced a major philanthropic commitment of US$40 million to support environmental conservation and sustainable development initiatives in Brazil. This transformative investment underlines the organization’s ongoing dedication to creating a positive, lasting impact in communities globally.

HE Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity & Water Authority - DEWA , met with HE Reem bint Ebrahim Al Hashimy, Minister of State for International Co-operation and CEO of Expo City Dubai Authority, to explore ways to enhance strategic collaboration in clean energy and sustainability. The discussion focused on expanding joint efforts to leverage DEWA’s expertise in delivering world-class services and adopting global best practices to promote sustainable development and reinforce the UAE’s global leadership in the sector.