GREAT YARMOUTH / WAM Masdar, the Abu Dhabi Future Energy Company, on Wednesday, inaugurated its third wind farm in the United Kingdom, bringing the combined power-generating capacity of all three projects to 1 GW enough clean energy to supply nearly 1 million homes. Together with its partners, Statoil and Statkraft of Norway, Masdar staged the official “switch on” of the ...

Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, hosted a seminar for the students of the United Arab Emirates University (UAEU) to discuss the Fund’s development work, operational activities, and achievements spanning 84 beneficiary countries. The panellists shared insights on how ADFD has driven and supported UAE’s mission of socio-economic ...

ABU DHABI / WAM The UAE Central Bank announced that the money supply aggregate M1 increased by 0.6 percent from AED488.9 billion at the end of September to AED492 billion at the end of October this year. In a statement, the bank said, “The money supply aggregate M2 decreased by 1 percent, from AED1257.2 billion at the end of September ...