Recent Posts

Mubadala invests in Yondr Group to develop hyperscale data centres

ABU DHABI/WAM Mubadala Investment Company today announced its investment in Yondr Group, a leading global hyperscale data centre developer, alongside Apollo via an existing investment from Apollo-managed funds. Yondr, headquartered in London, is a global developer, owner, and operator of hyperscale data centres. The company provides scalable data centre infrastructure for major blue chip technology players and has a contracted ...

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DEWA discusses enhancing ties with Chinese companies in energy, water

DUBAI/WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), welcomed Ou Boqian, Consul-General of the People’s Republic of China to Dubai and the Northern Emirates, to enhance collaboration in the energy and water sectors and review the promising investment opportunities in these sectors. The meeting discussed ways to strengthen collaboration and strategic partnerships between ...

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ADNOC’s ICV Programme continues to drive local, foreign industrial investment

ABU DHABI/WAM As part of its commitment to drive the UAE’s industrial sector, ADNOC has enabled the establishment of eight UAE-based and international industrial centres in less than a year under commercial agreements signed through its In-Country Value (ICV) programme. The industrial facilities have generated a combined value of more than AED700 million and created 800 job opportunities for UAE ...

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