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DEWA to plan 1,000 MW of solar-power plants by 2030

  DUBAI / Emirates Business HE Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA) announced that DEWA will launch Concentrated Solar Power (CSP) projects that will generate 1,000MW by 2030, to carry out the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler ...

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DGCX records 7.7mn contracts, grows 55%

  Dubai / WAM The Dubai Gold and Commodities Exchange (DGCX) witnessed a strong upswing across its precious metals, hydrocarbon and equities segments trading during May. The exchange recorded an aggregate of 1.5 million contracts in May, growing 55 percent from last year, while Year-to-Date (YTD) volumes saw an increase of 47 percent from last year, trading over 7.7 million contracts so ...

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Ministry outlines national plan on protection of sharks

  Dubai / Emirates Business The Ministry of Climate Change and Environment (MCCE) held a workshop to prepare a national plan for the protection of sharks. The workshop is part of a larger national strategy that aims to protect biodiversity and achieve the objectives related to developing and implementing programs that sustainably manage endangered marine resources. Attendees discussed the proposed goals, ...

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