UAE, Singapore partner to cooperate on green tech + smart cities: Singapore’s Prime Minister Lee Hsien Loong and UAE President Mohamed Al Nahyan signed an MoU to increase cooperation on developing carbon reduction tech, smart city construction, and environmental protection partnership, Wam reports. The MoU builds on the Singapore-UAE Comprehensive Partnership signed back in 2019.

Singapore is active in the region’s clean energy market: Singapore’s Sembcorp Utilities was among developers selected for Oman’s 500 MW Manah 2 PV plant. Singapore’s sovereign fund GIC and French hydrogen investor Hy24 also invested USD 115 mn in InterContinental Energy's green hydrogen expansion plans in the Middle East and Australia. Singapore-based carbon trading exchange AirCarbon Exchange also launched the UAE Carbon Alliance with the UAE Independent Climate Change Accelerators in June to set up a framework for carbon markets.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

• Dewa and Switzerland explore collaboration on renewable energy: Dubai Electricity and Water Authority CEO Saeed Mohammed Al Tayer and Consul-General of Switzerland in Dubai Angelica Schempp discussed collaboration in developing and deploying clean and renewable energy, energy efficiency, and the water sector. (Wam)