The UAE plans to add 500 megawatts to 2,000 megawatts of capacity as part of the second phase of its wind energy project, which will be “commercially driven”, according to a top executive at Masdar.Abu Dhabi will follow the independent power project (IPP) model based on offtake agreements and a consortium with Masdar as the majority stakeholder will be created,
UAE President says teachers help future Generations to develop and thrive
Sheikh Mohamed Bin Zayed received the delegation at Qasr Al Bahr in Abu Dhabi, and highlighted the importance of teachers in helping future generations to develop and thrive.
RuPay in UAE? New deal with India signed to develop domestic payment card scheme
A strategic partnership agreement has been inked to develop and launch the domestic card scheme of the UAE based on India’s RuPay card stack. Sheikh Hamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, and Piyush Goyal, India’s …
Dubai’s Real Madrid Deal Could Give Emirate World Cup Spotlight
The emirate linked with the team the day after it was announced that Spain will be one of the joint-hosts for the 2030 FIFA World Cup.
Dubai: Meet Kenyan engineer who dances in waste dumps for sustainability
Wearing overalls and dancing in a waste dump, Kenyan Nzambi Matee is trying to raise awareness about sustainability. The mechanical engineer, who has been making bricks out of plastic for over a decade now,
EXCLUSIVE: Million Dollar Listing UAE Season 2 ‘in the works’, STARZPLAY boss reveals
The real estate reality show brings its debut international spin-off to the UAE, capitalising on Dubai and Abu Dhabi’s booming luxury property markets …
Dubai Green City Developer SEE Set to Hire Banks for IPO
SEE Holding, which developed the Middle East’s first residential community to achieve net zero, is set to pick banks including Barclays Plc and Citigroup Inc. to work on the planned initial public …
UAE launches wind programme that will power over 23,000 homes per year
The project will introduce cost-effective, large-scale, utility wind power to the UAE’s electricity grid, further diversifying the country’s energy mix. The project leverages advances in technology, …
India, UAE ink MoU to enhance cooperation in industries, advanced tech
The MoU aims at strengthening and developing industries in both nations through investments, technology transfer and deployment of key technologies in industries, by benefitting from joint funds and …
Masdar Launches UAE’s first utility scale wind project with breakthrough low wind speed Innovation
Through the support and vision of its leadership, UAE demonstrates latest technology and innovation to capture low wind speeds at utility scale Inauguration of the UAE’s first wind farms across four …
India-UAE sign MoU; to collaborate in space technology, renewable energy, AI
India and the United Arab Emirates (UAE) during the 11th high-level task force on investments, signed an MoU to strengthen and develop industries, with special emphasis on technology transfer, …
Federal Tax Authority continues with awareness campaign on General Principles of Corporate Tax with new workshop in Fujairah
A total of 1,780 participants have attended five in-person events organised by the FTA since July in both Arabic and English …
UAE’s low carbon energy transition is a leap forward
The UAE has determined plans to reduce its reliance on fossil fuels and increase its use of low carbon energy with a target to achieve net zero emissions by 2050. The move, which is both ambitious and …
UAE energy giant awards $17 billion gas expansion contracts
Saipem of Italy and the UAE’s National Petroleum Construction Co. won a joint contract for $8.2 billion for offshore work. Maire got a separate $8.74 billion for onshore engineering and construction.
The Top 10 Global Fintech Conferences: From AI To Zombie Unicorns
Industry movers and shakers make a point of attending the most influential global fintech conferences. Here are ten for your calendar to keep you busy until next summer.
UPDATE 2-UAE company to take over 60% of Telkom Kenya from Helios, Treasury says
United Arab Emirates-based Infrastructure Corporation of Africa LLC (ICA) will take over 60% of shares in Telkom Kenya from London-based private equity firm Helios after a competitive process, Kenya’s …
Emissions of Abu Dhabi oil company owned by COP28 President to increase more than 40% by 2030
Abu Dhabi National Oil Company (Adnoc) produced about 957 million barrels of oil and 62 billion cubic metres of gas last year and this is set to increase to 1.3 billion barrels and 88 billion cubic metres respectively in 2030.