Recent Posts

Dubai records 4.6% rise in new licences in 2018

DUBAI / WAM The Department of Economic Development (DED) in Dubai issued 20,467 new licences during the year 2018 as the emirate continued to enhance its appeal as a destination for sustainable business growth. Overall, 248,769 business registration and licensing transactions were recorded in the ‘business map’ digital platform of DED in 2018 — an increase of 4.6% over 2017 ...

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Preferential tariff rates for industrial sector planned

Abu Dhabi / WAM The Abu Dhabi Department of Energy and the Department of Economic Development are reviewing electricity consumption rates of the industrial sector, to establish preferential tariffs based on specific economic criteria. All segments of sector will be reviewed, to place suitable tariffs and increase contribution to emirate’s GDP. In an interview with Emirates News Agency (WAM), Awaidha ...

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Saudi sets 60GW target for renewables by 2030

Abu Dhabi / WAM Dr Khalid bin Saleh Al Sultan, President of the King Abdullah Atomic and Renewable Energy City, stated that there are plans to integrate the renewable energy network of Saudi Arabia, which aims to produce 60 gigawatts of renewable energy, including 40 gigawatts from solar energy and 20 from wind and other sources by 2030. In an ...

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