Bloomberg Renewable stocks notched record gains following a landmark climate deal struck by US Senators Joe Manchin and Chuck Schumer. Sunrun Inc., the largest US residential-solar installer, jumped as much as 34%, the most on record. TPI Composites Inc., which makes wind-turbine blades, climbed as much as 38% in its biggest gain ever. Rooftop-solar company Sunnova Energy International Inc. surged ...

  ABU DHABI / WAM First Abu Dhabi Bank (FAB) announced that the group’s net profit amounted to AED8 billion in the first six months of 2022, an increase of 50% compared to the same period last year. In a statement on Thursday, the bank said the total income was AED12.5 billion, up 31% year-on-year, including an AED3.1 billion net ...

Abu Dhabi / WAM Aldar Properties signed an agreement with Mubadala Investment Company to acquire four prime Grade A commercial towers in Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, located on Al Maryah Island. The assets, which will be held by Aldar Investment Properties (AIP), are valued at AED4.3 billion, representing one of the largest ...