Recent Posts

DEWA, Belgian firm discuss ties

Dubai / WAM Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority, DEWA, has received a delegation from Belgian company CMI Solar, led by Jean-Michel Gheeraerdts, President of CMI Energy Group, accompanied by Eric Absil, President of CMI Solar, Michel Lalemand, Vice President of CMI Solar, Thomas Bauthier, Projects Manager, and Christophe Corteil, Projects Developer. The ...

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ADFD-funded projects worth $58 million in Albania inaugurated

Abu Dhabi / Emirates Business A delegation from Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, participated in the official inauguration of two of its funded projects in the Albanian capital Tirana, worth AED240 million ($58.26 million). Adel Al Hosani, Director of the Operations Department at ADFD, led the delegation representing the Fund. The event ...

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China’s oil deal with Rosneft nixed amid fall of suitor CEFC

Bloomberg The big, rushed and opaque deal for an enigmatic Chinese energy company to buy into Russia’s state oil behemoth has disintegrated. CEFC China Energy Co.’s agreement last year to purchase a $9 billion stake in Rosneft PJSC came to end as the sellers decided not to proceed with the deal. Separately, meetings scheduled for investors holding 15.1 billion yuan ...

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