Recent Posts

Tabreed records 10% increase in 9-month profit

DUBAI / WAM National Central Cooling Company, Tabreed, on Wednesday, released its financial results for the first nine months of 2018, reporting a 10% increase in net profit to AED319.3 million for the year up to September 30, compared with the same period in 2017. Tabreed’s latest financial results follow its announcement last month that it successfully issued a $500 ...

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UAE invests its oil, gas resources in the best interest of country

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Wednesday visited the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) at the Abu Dhabi National Exhibition Centre (Adnec) and which concludes on November 15. His Highness Sheikh Mohamed bin Zayed, accompanied by ...

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ADFD commits $50mn for Irena-recommended renewable energy projects

Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (Irena) are inviting applications for more than $50 million in funding through the Irena/ADFD Project Facility. The ADFD-financed initiative is available to government-guaranteed renewable energy projects in developing countries that seek to increase energy access, improve livelihoods and advance sustainable development. ADFD has committed ...

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