UAE’s Masdar Azerbaijan Energy Limited Liability Company (MAE) has signed a $21.4 million loan agreement with the Asian Development Bank (ADB) to finance its 230-megawatt (MW) Garadagh solar power …
Masdar achieves financial close on Azerbaijan Solar PV plant
Masdar, one of the world’s leading renewable energy companies, has achieved financial close on its 230-megawatt (MW) Garadagh Solar Photovoltaic (PV) plant in Azerbaijan. The project, which is …
AMEA Power and GPM Holding commence construction on 34MW solar power plant
This will be AMEA Power’s first project to reach financial close in Morocco. AMEA Power and GPM Holding commence construction on 34MW solar power plant. AMEA Power, GPM Holding, GreenPower, morocco, …
Dubai consolidates status as world’s Web3 capital
DUBAI – The recent launch of Dubai’s Metaverse Strategy by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, positions the city as a …
UAE is a global hub for shaping sustainable future
The UAE plays a leading role in shaping and building the future. It is at the forefront of establishing a future development model. The country seeks to strengthen international c …
China being seen as reliable development partner for Saudi Arabia, UAE
Given commitment of China to “win-win cooperation” and the broad engagements of its mega Belt and Road global infrastructure program, the Asian giant can he …
Cloud kitchen platform Krush Brands among first businesses to join UAE’s NextGenFDI initiative
The venture will relocate its global headquarters to the UAE with an aim to triple its growth by creating 700 jobs within two years, besides moving its technology arm to the country from Europe Cloud …
Scallop to open Dubai HQ after regulatory approval by Dubai’s Virtual Assets Regulatory Authority
Scallop, a fintech firm, has announced that it has obtained provisional regulatory approval by Dubai’s Virtual Assets Regulatory Authority (VARA) as it undertakes the process of applying for a license …
Abu Dhabi Police fine 4,200 drivers for unclear number plates
These include using covers that stretch to the level of the number plates, connecting hoses close to the site of the number plate in a way that does not show it well or abstaining from carrying out th …
Abu Dhabi’s G42 Healthcare teams up with AWS to offer biobanking service
G42 Healthcare, a subsidiary of Abu Dhabi’s artificial intelligence and cloud computing company Group 42, has joined forces with Amazon Web Services (AWS) to develop a genomics, proteomics and …
Explore UAE’s nature, summer season at ‘Qaith Al Dhaid’ event in Sharjah emirate
Sharjah: Residents can learn about the UAE’s environment, wildlife and summer season at the second edition of ‘Qaith Al Dhaid’ event being held at Al Dhaid Wildlife Centre in Sharjah emirate till …
Abu Dhabi’s Fertiglobe delivers revenue growth of 105% to $1.471bn
The company’s Q2 2022 revenues increased 105 per cent to $1.471bn, while adjusted EBITDA grew 155 per cent to $770m compared to Q2 2021 …
4,200 drivers in Abu Dhabi fined for ‘blocking’ plate numbers
The Abu Dhabi Police have fined around 4,200 drivers in the first six months of this year for “blocking the view of their vehicle licence plate.” In a video shared by Abu Dhabi Police on social media …
Abu Dhabi’s AD Ports enters deal to explore investments in GCC, Africa and Asia
Abu Dhabi’s AD Ports Group has signed a deal with port investor and developer Hutchison Ports to identify joint investment and business opportunities related to logistics, feedering and port …
Abu Dhabi’s G42 Healthcare to expand genome project – with Amazon Web Services
Dubai: The Abu Dhabi company G42 Healthcare is going to use its ample resources to develop new global genomics, proteomics, and biobanking service – and with Amazon Web Services as partner. The aim of …
Abu Dhabi University receives the highest accolade accreditation from WASC
Placing students at the heart of the institution, Abu Dhabi University (ADU), received the highest accolade accreditation, a ten-year full reaccreditati …
The many reasons why UAE is scoring so well in Citizenship by Investment initiatives
International interest in applying for a second citizenship has risen alongside pandemic recovery and the global market is expected to reach $100 billion by 2025. If these projections are realized, …