ABU DHABI / WAM The UAE consolidated government revenues increased to AED455.5 billion by the end of 2018, with expenses picking up to AED388.147 billion by the end of the year, creating a surplus of around AED67.5 billion, according to the Ministry of Finance statistics. The consolidated government revenues increased to as much as AED304.5 billion during the first nine ...

Abu Dhabi / WAM Dubai Electricity and Water Authority (Dewa) and the consortium led by Saudi Arabia’s Acwa Power and Silk Road Fund, which is owned by the Chinese Government, annou-nced financial closing of the 950-megawatt fourth phase of Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world. The solar park will produce 5,000 ...

Abu Dhabi / WAM The UAE and Hungary agreed to strengthen their cooperation in the fields of science, technology and innovation. This came as senior representatives of both countries discussed creating new partners- hips in various sectors that will serve their development in areas of trade, industry, investment, renewable energy, insurance, tour-ism, science, technology, telecom- munications, aviation, education, culture and ...