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‘UAE is moving forward in the energy transition’

Abu Dhabi / WAM A blockchain tech executive has said that the UAE government is moving forward in the energy transition sphere. “We’ve been here for two days now at the Congress, and there’s a number of different categories within the blockchain and energy space that are really quite exciting,” said Sandro Ro, CEO of the Global Blockchain Business Council ...

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Masdar, EDF to establish joint venture energy services firm

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Abu Dhabi / WAM The Abu Dhabi Future Energy Company (Masdar), a subsidiary of the Mubadala Investment Company, and French low-carbon electricity leader (EDF), have signed an agreement to establish a 50:50 joint venture energy services company (ESCO), in order to expand into non-utility scale renewables and energy-efficiency investments in the UAE, GCC region and other emerging countries. These would ...

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DFM launches ‘myAccount’ e-service for cash dividends

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Dubai / WAM As part of its strategy to provide market participants with smart and efficient solutions in line with the leadership’s digital transformation vision, the Dubai Financial Market (DFM), on Wednesday launched the “myAccount” service, an electronic account that enables investors to seamlessly transfer dividend amounts to their iVESTOR Card accounts, bank accounts, as well as to pay for ...

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