UAE inaugurates first wind power plants ahead of COP28
The UAE has inaugurated its first wind programme, as the country is stepping up its fight against climate change ahead of the COP28 climate summit later this year. The UAE […]
ADNOC Distribution to use biofuel to power its UAE vehicle fleet
ADNOC Distribution said its UAE heavy vehicle fleet will be powered by biofuel, a move that is set to reduce carbon dioxide emissions from the fleet by 15 per cent. […]
DEWA commissions second unit of 4th phase of Dubai solar park
Dubai Electricity and Water Authority (DEWA) has commissioned the 200 megawatt (MW) second unit of the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, with an estimated […]
UAE President Mohamed bin Zayed meets Dutch PM Mark Rutte
The UAE’s President Sheikh Mohamed bin Zayed Al Nahyan met with the Prime Minister of Netherlands Mark Rutte in Abu Dhabi, reported state news agency WAM. The two leaders met at […]
India to export rice to the UAE: 75,000 tonnes approved through NCEL
The Indian government will allow the export of rice to the UAE. This exception to the export ban was made by the Indian government for a pre-determined quantity of non-basmati […]
COP28 President Dr Sultan Al Jaber lays down big agenda items for climate summit
Deploying a fully functional fund to compensate poor countries hit by climate change is among the major goals set out for the United Nations COP28 summit that starts in November. […]
OMV enters talks with ADNOC to form global chemical giant
Austria’s OMV is entering talks with Abu Dhabi National Oil Company (ADNOC Group) about combining some of their assets to create a chemicals and plastics giant. OMV’s executive board decided […]
Dubai’s Taaleem posts $54.5m profit since IPO
Dubai’s Taaleem Holdings said its net profit in the nine months to the end of May 2023 surged by 34.9 per cent to $54.5m (Dhs199.8m), driven by a surge in […]
Abu Dhabi’s Yahsat to invest $100m in T4-NGS satellite programme
Abu Dhabi satellite operator Yahsat Group plans to allocate more than $100m towards capital expenditures in 2023 as part of the ‘T4-NGS’ satellite programme, according to state-run news agency WAM. […]
UAE, Austria sign air transport services deal
The UAE has signed an air transport services agreement with Austria in Vienna. The agreement, which aims to boost air transport ties between the two nations, was signed on behalf […]