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Masdar delivers 30MW ‘clean energy’ to Egypt

  ABU DHABI / WAM Masdar, Abu Dhabi’s renewable energy company, completed the delivery of 30 megawatts of utility-scale clean energy projects and 7,000 solar home systems in remote and strategic areas across Egypt. Together, the four clean energy projects developed by Masdar’s Special Projects unit will power 25,800 homes and displace 42,700 tonnes of CO2 annually, as well as ...

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Deyaar Q1 profit hits AED51mn

  Dubai / WAM Deyaar Development (Deyaar) on Thursday announced its preliminary Q1 unreviewed financial results registering AED 51.03 million in net profits, and AED 60.2 million in revenue compared to AED 36.2 million during same period last year. Saeed Al Qatami, CEO of Deyaar, said: “Deyaar’s strategy to continuously grow and diversify its portfolio of developments and services has ...

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FEWA AED300mn water project

  Abu Dhabi / WAM The Federal Authority for Electricity and Water (FEWA) carried out a number of water projects in the Emirate of Sharjah worth AED300 million to meet the growing demand for the vital commodity from new urban centres at Al Madam and Maliha. Mohammed Saleh, Director of FEWA, said the projects included a 400 km-long water distribution ...

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