ABU DHABI/WAM Emirates Global Aluminium (EGA) is playing an active role in supporting the national economy as a key driver of the aluminium sector, said Abdulnasser Ibrahim Saif bin Kalban, Chief Executive Officer of EGA. In 2023, EGA’s direct, indirect, and induced economic contribution totalled over $6.5 billion, supporting over 57 thousand jobs and accounting for around 1.3% of GDP. ...

GAZA/WAM Four convoys carrying various humanitarian aid from the UAE have entered Gaza this week through Egypt’s Rafah border crossing. This effort aligns with the UAE’s ongoing humanitarian mission to support and assist the Palestinian people during the current challenging circumstances, as part of Operation Chivalrous Knight 3. The convoys consist of 47 trucks loaded with over 605 tonnes of ...

BAKU/WAM Abu Dhabi Future Energy Company (Masdar) and SOCAR Green, a wholly-owned subsidiary of SOCAR dedicated to sustainable projects, have reached financial close for the 445MW Bilasuvar and 315MW Neftchala solar projects in Azerbaijan. The European Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB) and the Asian infrastructure and Investment Bank (AIIB) are financing the two solar ...