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Masdar to acquire 50% stake in Terra-Gen from ECP

ABU DHABI/ WAM Abu Dhabi Future Energy Company (Masdar), the UAE’s clean energy powerhouse, today announced that it has signed a definitive agreement to acquire a 50 percent stake in Terra-Gen Power Holdings II, LLC (Terra-Gen), one of the largest independent renewable energy power producers in the United States, from Energy Capital Partners (ECP). ECP, a leading investor across energy ...

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ERC launches ‘Al Khair Medical Week’ Camp in Mukalla, Yemen

MUKALLA / WAM The Emirates Red Crescent (ERC) on Tuesday launched the ‘Al Khair Medical Week’ Camp at the Al Mahwar Medical Centre in Rabwat Khalaf in the city of Mukalla, Hadramaut Governorate, Yemen. The camp will continue to provide services until March 25, with the participation of a group of doctors and specialists under the patronage of Mabkhout Mubarak ...

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Moove secures $100 million in Series B funding round

ABU DHABI/ WAM Moove, the global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, today announced that it has raised $100 million in a Series B funding round. Mubadala Investment Company PJSC (Mubadala), an Abu Dhabi sovereign investor, which led Moove’s previous funding round in 2023, participated in this round alongside new investment from Uber. The round ...

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ERC expands relief programmes to support Palestinians in Gaza during Ramadan

ABU DHABI / WAM The Emirates Red Crescent (ERC) has announced the expansion of its relief programme to support the Palestinian people in Gaza during Ramadan. The aim is to reduce their suffering and improve humanitarian efforts during this holy month. The organisation has begun sending a convoy with essential supplies for the Iftar project to aid the people of ...

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MoHAP, WHO launch Patient Safety Friendly Hospitals plan

DUBAI / WAM The Ministry of Health and Prevention (MoHAP) has announced the launch of the Patient Safety Friendly Hospitals initiative, a significant step in its strategy to guarantee the provision of high-quality healthcare services in line with international best practices. Launched in collaboration with the World Health Organisation (WHO), the initiative, aims to improve patient safety by Developing accredited ...

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Pharmatrade launches Logistics Centre in Kezad

ABU DHABI / WAM Khalifa Economic Zones Abu Dhabi – Kezad Group and the UAE-based Pharmatrade today announced the opening of Pharmatrade’s Abu Dhabi Logistics Centre. Through this new logistics centre, the company plans to ramp up the storage and distribution of its Pharmaceutical and Medical Device range of products to serve the UAE’s healthcare sector. The expansion of its ...

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