The UAE has committed $400m in funding, provided by the Abu Dhabi Fund for Development, for the Energy Transition Accelerator Financing Platform.
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$1 billion global finance platform to accelerate clean energy
The United Arab Emirates (UAE) and the International Renewable Energy Agency (IRENA) has announced the Energy Transition Accelerator Financing (ETAF) …
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UAE and IRENA launch USD 1bln global finance platform to accelerate renewable energy
Platform secures USD 400 million anchor funding from Abu Dhabi Fund for Development as first strategic partner …
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UAE, IRENA Unveil $1 billion Global Finance Platform for Renewable Energy
The United Arab Emirates and the International Renewable Energy Agency (IRENA) have announced the Energy Transition Accelerator Financing (ETAF) Platform, a new global climate finance facility to …
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COP26: UAE wants to unlock economic benefits of climate action
Practical, commercial, scalable solutions to be focus if UAE hosts COP28 Glasgow: The UAE has called for an inclusive approach to unlock the economic opportunity in climate action and said it would …
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Dubai Reshuffles Stock Exchange Board as It Gears for IPO Rush
Dubai replaced five of seven members on its stock exchange’s board as the Middle East business hub works on plans to boost the emirate’s flagging bourse.
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UPDATE 1-U.S. bank Moelis hired to advise on IPO of Dubai utility DEWA – sources
U.S. investment bank Moelis and Dubai lender Emirates NBD have been hired to advise on the initial public offering (IPO) of Dubai Electricity & Water Authority (DEWA), sources familiar with the matter …
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Why investing in Dubai’s DEWA is the way forward
DEWA has assets of Dh200 billion and projects worth around Dh86 billion Dubai: The Airline? Airport? Aluminum company? Or another real estate developer? Right from Monday evening, there was intense …
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New board of directors announced for Dubai Financial Market
A new board of directors has been appointed to lead the Dubai Financial Market, it was announced on Wednesday. The new board will be headed by Helal Al Marri, the director general of the Dubai …
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Helal Al Marri to chair Dubai Financial Market’s new board
Dubai: The Committee for the Development of Capital Markets and Exchanges in Dubai announced the appointment of a new board of directors for. Helal Saeed Al Marri will now chair the DFM. Al Marri has …
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Year of 50: UAE bank sets new Guinness World Record
A new Guinness World Record has been set on the eve of UAE’s Golden Jubilee celebrations. Fifty staff members from 50 nations, all based at HSBC UAE’s headquarters in Downtown Dubai, gathered together …
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Dubai plans IPO of main utility firm DEWA at $25b valuation
Dubai is attempting to position its stock market favorably among neighboring competitors – Click the link for more details.
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HSBC UAE secures Guinness World Records for ‘Most Nationalities Reciting a Poem’
Downtown Dubai headquarters, gather to set record Dubai: A new Guinness World Records title has been awarded to HSBC UAE in recognition of the bank’s commitment to diversity, connectivity and …
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Dubai’s DEWA holds assets of nearly Dh200 billion, says CEO Al Tayer
Dubai: The Dubai-owned utility entity DEWA currently has assets of nearly Dh200 billion and projects with a combined value of around Dh86 billion, according to a top official. The updates on DEWA’s …
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Dubai says to offer shares in DEWA to boost stock market trading
Emirate will sell a stake in Dubai Electricity and Water Authority ‘in coming months’, says deputy ruler . Dubai says to offer shares in DEWA to boost stock market trading . DEWA, IPO, power, Water …
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Dubai listing of state entities will be ‘catalyst’ for growth, analysts say
Dubai’s initial public offering of 10 state-owned companies will be a catalyst for growth as the emirate looks to double the size of its capital market to Dh3 trillion ($817 billion) and attract …
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Dubai announces plans to list utility DEWA in the ‘coming months’
The Dubai government has announced plans to list utility Dubai Electricity and Water Authority (DEWA) in the “coming months”, the emirate’s Deputy Ruler and Deputy Prime Minister and Minister of …
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