Recent Posts

Sewa implements projects worth AED54.3m in 2021

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  Sharjah / WAM The Central Region Department of the Sharjah Electricity, Water and Gas Authority (Sewa) implemented a number of development projects during 2021. As many as 80 projects have been implemented for network modifications and the installation of approximately 50 transformers in the central region. Cables have been extended to implement these projects with up to 197,624 km ...

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Mubadala-backed Reef, Americana team up to open cloud kitchens

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  ABU DHABI / WAM Reef, the largest operator of delivery kitchens, logistics, and proximity hubs in North America, and Americana Group (Americana), the largest food & beverage operator in the Middle East region, announced a joint venture to open cloud kitchens that will operate Reef, Americana and third party brands throughout the Middle East and North Africa. “As Reef ...

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Dana Gas’s collections in 2021 up 107% to $377m

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  SHARJAH / WAM Dana Gas has announced that its collections from the KRI and Egypt rises 107% year-on-year in 2021 to $377 million (AED1.38 billion) from $182 million (AED 667 million) in 2020, enhanced by a strong rebound in oil prices, an accelerated pace of payments from Egypt and the settlement of past outstanding KRI receivables. Dana Gas, which ...

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