Thursday , 8 January 2026

Recent Posts

Abu Dhabi aims for second solar plant

ABU DHABI / Reuters Abu Dhabi is pushing ahead with a second solar power plant and will invite bidders by the middle of the year, a top official of the emirate’s utility said on Monday. Last year the Abu Dhabi Water & Electricity Authority (Adwea) closed a $872 million financing package for its first solar power plant with capacity of …

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DLD launches real estate promotion plan for 2018

Dubai / WAM The Dubai Land Department (DLD) has launched its 2018 real estate promotion plan for the Real Estate Investment Management and Promotion Centre, the department’s investment arm. DLD held a press conference in the presence of Sultan Butti bin Mejren, Director-General of DLD, Majida Ali Rashid, Assistant Director-General and Head of the Real Estate Investment Management and Promotion …

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Dollar slide deepens as euro strength saps stocks

Bloomberg Despite a US holiday, the dollar dominated trading on Monday as it headed for a fourth day of declines, weakening against every major currency. The euro’s jump weighed on European stocks, while gold gained. Bloomberg’s dollar index approached its lowest level in three years as the euro extended gains that have pushed it to the strongest since 2014. The …

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