Local News

Masdar to bring solar power to off-grid communities globally

Abu Dhabi / WAM Masdar, the Abu Dhabi Future Energy Company, has positioned itself in the commercial off-grid energy sector by increasing its capacity to rapidly deploy solar kits in off-grid communities around the world. Building on the company’s extensive experience delivering renewable solutions in remote communities, the Masdar-branded kits named “Noor” – displayed at the Masdar stand throughout Abu ...

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UAE provides $5mn urgent aid to Syrian refugees in Lebanon

Abu Dhabi / WAM The Khalifa bin Zayed Al Nahyan Foundation is donating AED18.4 million ($5 million) in urgent relief aid to Syrian refugees in Lebanon who are facing harsh winter conditions. The move follows the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the support of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince ...

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Dubai explores new retail partnerships in New York

New York / WAM Dubai Chamber of Commerce and Industry led a delegation of UAE retail leaders to New York to participate in NRF 2019: Retail’s Big Show, the world’s largest retail expo and conference, where the delegates explored the latest trends and technologies reshaping the future of the global retail sector. The delegation was headed by Majid Saif Al ...

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Etihad flies world’s first flight fuelled by UAE plants

Abu Dhabi / Emirates Business The Sustainable Bioenergy Research Consortium (SBRC), a non-profit entity established by Masdar Institute that is part of Khalifa University of Science and Technology, on Wednesday announced the world’s first commercial flight using locally produced sustainable fuel on an Etihad Airways Boeing 787 powered by GE’s GEnx-1B engines. The flight from Abu Dhabi to Amsterdam marked ...

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Abu Dhabi working to achieve agricultural sustainability

ABU DHABI / WAM Ambitious plans are currently underway to ensure agricultural sustainability and food security in Abu Dhabi, according to the emirate’s Food Control Authority Director. Saeed Al Bahari Salem Al Ameri, Director of the Abu Dhabi Food Control Authority (ADFCA), said that the authority is working on an ambitious plan to achieve agricultural sustainability, as well as to ...

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Masdar, Taaleri sign pact to launch renewable energy joint venture

Abu Dhabi / WAM Masdar, the Abu Dhabi Future Energy Company, and Taaleri Energia, a Finnish wind and solar developer and fund manager, have announced the signing of an agreement for the establishment of a joint venture with the aim of developing renewable energy projects in Central and Eastern Europe. The joint venture aims to build upon the success of ...

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Masdar, Cepsa sign partnership deal

Abu Dhabi / WAM Abu Dhabi Future Energy Company, Masdar, and Cepsa strengthened their collaboration in renewables by signing a Partnership Agreement on Tuesday at Abu Dhabi Sustainability Week, one of the world’s largest gatherings on sustainability that is currently being held in the UAE capital. After signing a Memorandum of Understanding, MoU in 2017, this new agreement aims to ...

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Nasdaq Dubai starts futures trading on MSCI UAE index

DUBAI / WAM Nasdaq Dubai announced the launch of futures trading on the MSCI UAE equity index on Tuesday, in its latest expansion of the futures market. In a press statement, the exchange explained that the contracts are designed to appeal to international and regional investors seeking exposure to leading UAE companies. Robert Ansari, Executive Director – Head of the ...

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Dubai, Kiribati keen to boost trade ties

DUBAI / WAM Dubai Chamber of Commerce and Industry on Tuesday hosted a high-level Kiribati delegation led by the country’s President Taneti Maamau, in an effort to enhance bilateral relations and explore new avenues of economic cooperation. During a meeting at Dubai Chamber’s headquarters, Maamau expressed his intention to open up Kiribati’s economy and establish new partnerships in several sectors ...

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UAE, Saudi Arabia, Oman researching extension to Gulf gas network: Mazrouei

Abu Dhabi / WAM Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, said that the UAE, Saudi Arabia and Oman are currently researching a possible extension to the Gulf gas network, by integrating the gas lines between the three countries with the Gulf electricity grid network, and then connecting it to Kuwait and Bahrain, which will ...

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