ABU DHABI / WAM The Emirates Water and Electricity Company (Ewec), the UAE’s leading procurer of water and electricity, has issued a tender for the construction and development of a new 2,000 MW solar photovoltaic (PV) power project to be located at Al Dhafra, Abu Dhabi. The new project forms part of a series of projects approved by the higher ...

Bloomberg Al Jaber Group agreed with banks to restructure $1.5 billion of debt for a second time, people with knowledge of the plan said. The group is close to signing a deal with about 20 creditors to push out loan maturities to December 2026, said the people, asking not to be identified because the information is private. In return, Al ...

ABU DHABI / WAM Etihad Airways celebrated the deployment of its first Airbus A380 ‘super jumbo’ on its scheduled daily services to Seoul, Korea. The occasion was marked in style with a spectacular ‘Abu Dhabi Night’ evening reception at The Shilla Hotel in Seoul, with the venue hosting a unique opportunity to showcase the two cultures, Korean and Emirati, coming ...