DUBAI / WAM On its completion, the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, that Dubai Electricity and Water Authority (Dewa) is building, will have the largest energy storage capacity in the world of 15 hours, allowing for energy availability around the clock. This phase will provide clean energy for 320,000 residences and will reduce 1.6 ...

ABU DHABI / WAM The UAE-Japan Friendship Committee for Women (FCW) held its 12th forum meeting, under the patronage of HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation. The forum, which supports the empowerment of women in the oil and ...

Bloomberg Oil rose for a fourth straight week, buoyed by optimism over Covid-19 vaccine progress ahead of an Opec+ ministerial gathering next week. Futures in New York advanced 8% this week, despite edging lower. The shape of the oil futures curve firmed over recent sessions with some nearer-dated futures contracts rising above later-dated ones. It’s a sign of how the ...