ABU DHABI/ WAM Masdar Arlington Energy, a subsidiary of Abu Dhabi Future Energy Company PJSC – Masdar, has broken ground at the sites of two new battery energy storage system (BESS) projects in the UK. The Royle Barn Road plant in Rochdale and Welkin Road plant in Stockport will have a combined capacity of 55MW and provide enough energy to …

ABU DHABI/ WAM The entry into force of new disciplines on services domestic regulation, announced at the World Trade Organisation (WTO) 13th Ministerial Conference (MC13) in Abu Dhabi on 27th February, is expected to lower trade costs by over US$ 125 billion worldwide. The announcement was made at an event attended by Director-General Ngozi Okonjo-Iweala, Dr. Thani bin Ahmed Al …

ABU DHABI/ WAM The Ministry of Finance today announced the issuance of Cabinet Decision No. 10 of 2024, amending the schedule of violations and administrative penalties of Cabinet Decision No. 75 of 2023 on the administrative penalties for violations related to the application of Federal Decree-Law No. 47 of 2022 on the taxation of corporations and businesses. Cabinet Decision No.10 …