SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued a law concerning the organisation of the Sharjah Museums Authority (SMA). Law No. (7) of 2020 stipulates that the SMA shall enjoy the legal personality and the full capacity necessary to undertake all actions that ensure the achievement of its ...

ABU DHABI / WAM Aldar Properties PJSC has signed an agreement to divest its two district cooling assets on Abu Dhabi’s Saadiyat Island to National Central Cooling Company PJSC (Tabreed) for a total consideration of AED 963 million. Aldar had purchased a 100 percent stake in Saadiyat District Cooling LLC (SDCL) and an 85 percent stake in Saadiyat Cooling LLC ...

ABU DHABI / WAM Masdar, a subsidiary of Mubadala Investment Company and a leading renewable energy companies, announced on Wednesday the financial close of the Nur Navoi Solar Project — Uzbekistan’s first successfully-financed independent power producer solar project. Loan and guarantee agreements to finance the 100-megawatt photovoltaic plant were signed in a virtual ceremony with representatives from Masdar, Uzbekistan’s Ministry ...