ABU DHABI / WAM Masdar City in Abu Dhabi, one of the world’s most sustainable urban developments, will undergo significant expansion over the next five years driven by its emergence as a hub for R&D and the commercialisation of clean technologies. “Around 35% of the planned built-up area will be completed over the next five years – up from 5% ...

DUBAI / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), inaugurated one of the largest single-rooftop arrays in the Middle East and North Africa, a 1.5 megawatt direct current (MWdc) photovoltaic generation project at Jebel Ali Power Station (JAPS), and successfully connected it to DEWA’s grid. This supports the Shams Dubai initiative, which ...

PARIS / WAM Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs, participated in the G20 high level seminar on international financial architecture held in Paris under the slogan “From Nanjing to Paris”, where speakers addressed the most important evolutions of the international monetary system, including the IMF’s recent decision to include official currency of the People’s Republic ...