Dubai / WAM Dubai Electricity and Water Authority (Dewa) and Enoc have signed a memorandum of understanding (MoU) to conduct a feasibility study for the establishment, development, and operation of a joint pilot project for the use of hydrogen in mobility. The MoU was signed at the World Government Summit 2023 in the presence of in the presence of HH …

  Abu Dhabi / WAM Adnec group, in cooperation with the Ministry of Defence, has announced the launch of Idex Next Gen for the first time during the 16th edition of Idex 2023 and the 7th edition of Navdex 2023. The exhibitions will be held under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan from February …

  Dubai / WAM Dubai Islamic Bank (DIB) has successfully priced its second Sustainable Sukuk – a landmark $1 billion 5.5-year senior issue with a profit rate of 4.80 percent per annum, representing a spread of 102.4 bps over 5-Year US Treasuries. The sukuk was issued in line with DIB’s Sustainable Finance Framework, which was created to facilitate financing of …