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Masdar makes investment in one of world’s largest geothermal players

  Abu Dhabi / WAM Masdar, a leading global clean energy company, has announced a strategic investment in Pertamina Geothermal Energy (PGE), one of the largest geothermal players worldwide. This marks Masdar’s entry into the geothermal energy sector, in the world’s second-largest geothermal market. Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, and Chairman Masdar, said, “Achieving ...

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UAE, Algeria discuss ways to enhance cooperation

  Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation; and Ahmed Zeghdar, Algerian Minister of Industry, have discussed prospects for enhancing cooperation between the two countries, especially in the economic, industrial and commercial sectors. In a meeting between HH Sheikh Abdullah and Zeghdar in Abu Dhabi, they reviewed several ...

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Dubai records AED10b realty deals in 7 days

  Dubai / WAM According to the Dubai Land Department (DLD) weekly report, there were 3,267 real estate and property deals conducted in Dubai during the week ending February 24, with a total value of AED10 billion. Of these transactions, 168 plots were sold for AED1.26 billion, while 2,230 apartments and villas were sold for AED5.14 billion. The top three ...

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