BLOOMBERG Nissan Motor Co. is developing new modular powertrains that will help streamline production and drive manufacturing costs for hybrid cars down by as much as 30%. By enhancing the common parts that underpin a vehicle, the Yokohama-based automaker expects to be able to lower the cost of its hybrid cars to the same level as gasoline-powered cars by 2026, …

ABU DHABI / WAM Masdar has announced the signing of an agreement with the Ministry of Mining, Petroleum and Energy for the Republic of Côte d’Ivoire to explore the development of a solar power plant with a capacity of up to 70 MW. The agreement was signed in the presence of Tiémoko Meyliet Koné, Vice President of the Republic of …

ABU DHABI / WAM The UAE on Friday sent an aircraft carrying 14 tonnes of relief aid, including blankets and personal care supplies, and LED bulbs to help the people of Ukraine live through the harsh winter conditions. These supplies are part of the UAE’s ongoing humanitarian assistance aimed at alleviating the suffering of the Ukrainian people amid the crisis. …