Recent Posts

Tadweer to build Abu Dhabi’s first Material Recovery Facility

ABU DHABI / WAM Tadweer Group has announced the closed bidding for the planned development of Abu Dhabi’s first greenfield Material Recovery Facility (MRF). The state-of-the-art facility will recover recyclable materials derived from municipal solid waste, significantly maximising the diversion of waste from landfills through recycling and preparing feedstock for the Abu Dhabi Waste to Energy facility. This will enable ...

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Spinneys revenues reach AED815mn in Q1 2024

DUBAI / WAM Spinneys, recently listed on the Dubai Financial Market (DFM), announced its financial results for the three-month period ending on March 31. Revenue grew by 10.9% year-on-year to reach AED815 million, driven by an increase in retail revenue, with transactions remaining healthy, up by 9.5% year-on-year. In a statement, the company said gross profit increased by over 15% ...

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Adnoc delivers bulk shipment of low-carbon ammonia to Japan

ABU DHABI / WAM Adnoc has delivered the world’s first certified bulk commercial shipment of low-carbon ammonia enabled by carbon capture and storage (CCS) to Mitsui and Co, Ltd (Mitsui) for use in clean-power generation in Japan. The low-carbon certification process, from production to delivery, has been conducted by TÜV SÜD, an internationally renowned certification agency. The landmark shipment produced ...

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