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Dewa commits to best international quality standards

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has emphasised that its commitment to the highest quality standards has contributed to its major achievements that have made it one of the best and most efficient utilities worldwide. On International Quality Day, Saeed Mohammed Al Tayer, MD & CEO of Dewa, said, “We are keen to spread a culture ...

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US, Japan-led climate pact set to offer Indonesia $15b

Bloomberg The US, Japan and other countries will offer a climate finance deal worth as much as $20 billion to help Indonesia shift its coal-dominated power grid away from the polluting fossil fuel. Details of an agreement will be announced during the Group of 20 meetings in Bali next week after talks between US President Joe Biden and Indonesian President ...

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Hindalco profit sinks on high costs, plans to raise $124 million

  Bloomberg Hindalco Industries Ltd., the metals flagship company of billionaire Kumar Mangalam Birla’s conglomerate, posted a sharp decline in quarterly profit as higher input and energy costs hurt its margins. The aluminum and copper producer’s board also approved a proposal to raise as much as 10 billion rupees ($124 million) through bonds, loans, debentures and other securities, it said ...

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