Abu Dhabi National Oil Company has signed a $2 billion green financing deal backed by Korea Trade Insurance Corporation (K-Sure) to fund lower carbon projects across its operations. This marks its first green financing facility backed by a Korean agency.
The Emirates Nuclear Energy Company (ENEC) has signed a strategic memorandum of understanding (MoU) with Korea Electric Power Corporation (Kepco) to expand cooperation in advanced nuclear technologies, artificial intelligence (AI), and digital transformation to support the UAE's and South Korea’s civil nuclear fleets.