The United Arab Emirates has snapped up a 49pc stake in one of the UK’s largest wind farms despite soaring costs throwing the industry’s future into doubt. Masdar, a company controlled by the Gulf …
Dubai attracts 101 digital startups as city becomes hub for tech companies
Dubai Chamber of Digital Economy has revealed that it attracted 101 innovative digital startups to the emirate during the first nine-months of the year. The achievement came as part of the chamber’s …
Dubai show orders nudge Airbus net total towards 1,400
Emirates’ order for 15 Airbus A350-900s and Air Baltic’s firming of 30 more A220-300s, both revealed at the Dubai air show, helped lift the airframer’s November activity. Airbus also separately …
BEEAH highlights Sharjah’s zero-carbon footprint at COP28
BEEAH, the Middle East’s sustainability and digitalisation pioneer, made a worldwide impression during the COP28 summit at the Dubai Expo by announcing the opening of the world’s first waste-to-green …
Battle for runners-up spot heats up in Sharjah
The competition for the runner-up position in the Grand Prix of Sharjah, the final round of the 22nd edition of the UIM F1H2O World Championship, is heating up. Held under the patronage of His …
UAE to slash 93% of industrial carbon emissions by 2050
The UAE will cut industrial carbon emissions by 93 per cent by 2050, according to ambitious new targets. At COP28 the UAE announced the launch of the Industrial Decarbonization Roadmap with the aim of …
Business as usual: Record number of fossil fuel lobbyists at COP28
NGOs may have slammed the record number of fossil fuel lobbyists at UN climate talks in Dubai, but the industry won’t be browbeaten, with the OPEC cartel hosting a chat on “climate initiatives” and …
Dubai-bound SpiceJet flight diverted to Karachi after medical emergency
A Dubai-bound SpiceJet flight made an emergency landing in Pakistan’s Karachi after a medical emergency on board, the airline said on Tuesday.According to the airlines, a SpiceJet Boeing 737 aircraft …
UAE freezone looks to boost $133bn construction industry
The event is ongoing at the Dubai World Trade Centre (DWTC) until December 7. RAKEZ’s decision to participate in Big 5 Global underlines its dedication to the industry and reflects the opportunities …
Iberdrola, UAE’s Masdar plan to spend €15B on green energy projects
Iberdrola (OTCPK:IBDRY) (OTCPK:IBDSF) and United Arab Emirates clean energy developer Masdar said Tuesday they signed a strategic partnership agreement to spend €15B (~$16.2B) in offshore wind and …
UAE’s Masdar signs $16 billion deal for wind, hydrogen projects in US, Germany
The UAE state-owned renewable energy firm Masdar said it signed a 15 billion euro ($16.2 billion) strategic partnership with Spanish energy giant Iberdrola to evaluate joint development of offshore …
UAE business executives emphasize customer retention at EngageMint Dubai
The recently concluded EngageMint Dubai saw CXOs, CMOs, marketers, and executives of leading organizations discuss customer retention and bring varied, nuanced, sector-specific perspectives …
UAE’s Sustainable Trade Forum engages the private-sector to deliver trade-led solutions at COP28
The Ministry of Economy, in partnership with global fintech company Capital.com and leading Vietnamese electric vehicle producer VinFast, has hosted the Sustainable Trade Forum at COP28 in Dubai’s …
Dubai announces $681m transport investments; air taxis, garden bridge over creek and smart street lights planned
Dubai’s RTA has endorsed public and private sector partnerships to deliver major transport projects to city Dubai will see public and private sectors collaborate on AED2.5bn ($681m) in ambitious …
Dubai International Chamber hosts Big 5 Breakfast Briefing to advance the emirate’s thriving construction sector
Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has successfully hosted the Big 5 Breakfast Brief …
Oil, gas and coal interests swarm global climate summit in Dubai
More than 2,400 people with ties to the fossil fuel industry are registered to attend COP28, according to a review of U.N. data by an advocacy coalition.
Iberdrola and Masdar to invest $16 billion in green energy
Spanish renewable energy giant Iberdrola and UAE clean energy developer Masdar have formed a 15 billion euro ($16.2 billion) alliance to invest in offshore wind and green hydrogen in countries …