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Month: September 2018

Posted on 17/09/2018

UAE turning into global hub for alternate energy

The world’s largest concentrated solar power plant is being built in Dubai and other projects in the various emirates are being — or will be — implemented, making the UAE third in the world when it co…
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Posted on 17/09/2018

DEWA’s Al Tayer inspects Mohammed bin Rashid Al Maktoum Solar Park R&D Centre

Managing Director and CEO of Dubai Electricity and Water Authority, DEWA, has visited the Research and Development Centre at the Mohammed bin Rashid Al Maktoum Solar Park. The visit is one of a series …
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Posted on 17/09/2018

Solar power can profit the Middle East’s construction contractors

Indeed, organisations such as Masdar and Dubai Electricity and Water Authority (DEWA) are responsible for some of the largest solar power projects, not only in the UAE, but across the Middle East. Sta…
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Posted on 17/09/2018

With an eye on expats’ pockets, UAE to offer them residency on retirement

The United Arab Emirates will allow foreigners to obtain extended residency visas after they retire, a major policy shift designed to give expatriates a bigger stake in the economy and foster longer-t…
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Posted on 17/09/2018

UAE gas firm Brooge Petroleum eyes London IPO

RELATED ARTICLES: UAE set to build oil pipeline between Ethiopia, Eritrea | Chinese firm to build two Saudi Aramco oil islands | Baker Hughes wins Saudi Aramco’s Marjan oilfield expansion contract The …
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Posted on 17/09/2018

Abu Dhabi Is Planning the Biggest Oil IPO in a Decade

Abu Dhabi is pushing ahead with an initial public offering for Spanish oil company Cia Espanola de Petroleos SAU, in what could be the largest such deal in a decade. The emirate’s Mubadala Investment …
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Posted on 17/09/2018

Dubai Police hunt for men giving cash for free

Dubai: Police are on the search for two men who recently gave away free cash to pedestrians after footage of the incident went viral on social media. “Police have been studying the video and are …
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Posted on 17/09/2018

UAE’s Brooge Petroleum plans to float 40 percent stake in London IPO

DUBAI (Reuters) – The United Arab Emirates’ Brooge Petroleum & Gas Investment Co. plans to float 40 percent of its capital on the London Stock Exchange in October, Chief Executive Officer Nicolaas Paa…
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Posted on 17/09/2018

DEWA launches ‘Green Dubai’ sustainability initiative

RELATED ARTICLES: DEWA and BSI to co-develop electricity and water standard | DEWA commissions two solar carports | DEWA reveals $3bn construction plan for 91 power facilities in Dubai Dubai Electrici…
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Posted on 17/09/2018

Roadblocks To Innovation: UAE Small Businesses Sound Off On Working With Banks

The relationship between banks and small-scale ventures in the UAE has always been close (by its very nature), but also quite intense- by choice, apparently. On one hand, the local banking sector ofte…
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Posted on 17/09/2018

UAE to allow expats long-term residency after retirement

The UAE Cabinet approved a law to provide special … reported WAM, Emirate’s news agency. “The law, which will be in effect as of 2019, outlines the requirements to qualify for the long …
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Posted on 16/09/2018

New iPhones in the UAE will not have this key…

China-only versions of the smartphones use two physical SIMs. The nascent eSIM technology has been adopted only in 10 countries around the world, and the UAE is yet to join this league. The UAE’s tele…
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Posted on 16/09/2018

Abu Dhabi launches $13.6bn development programme

development plan during a meeting with members of the Abu Dhabi Executive Committee, reported state news agency Wam. Around Dh20 billion would be allocated to the 2019 development package, stated Moha…
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Posted on 16/09/2018

UAE’s Brooge Petroleum plans to float 40 percent in London IPO

BPGIC is looking to raise $400 million (£306 million) from Emirati and foreign investors in the IPO, to be conducted in a single tranche, he told Reuters in Dubai. The IPO plan comes as the company pl…
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Posted on 16/09/2018

Dubai Silicon Oasis ‘DTEC Forum’ to Explore Future of Smart Cities

Dubai Silicon Oasis (DSO), the integrated free zone technology park, will explore the future of smart cities and their success factors at its third quarterly Dtec Forum of 2018. Set to run on Septembe…
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Posted on 16/09/2018

UAE approves law granting residency to retired property investors

DUBAI (Reuters) – The United Arab Emirates government approved on Sunday a law that allows expatriates to stay in the country after retirement if they own a property valued about $545,000 (£ …
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Posted on 16/09/2018

UAE- DSO ‘Dtec Forum’ to explore future of smart cities

DUBAI, 16th September, 2018 (WAM) — Dubai Silicon Oasis, DSO, the integrated free zone technology park, will explore the future of smart cities and their success factors at its third quarterly …
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