DUBAI / WAM The Abu Dhabi Department of Energy (DoE) announced it updated its Schedule of Violations and Administrative Fines, affecting all licensed entities, real estate developers, facility owners, energy services companies, and individuals. The decision aims to upgrade the energy ecosystem; implement international standards in supplying electricity, water and wastewater services; secure the sector’s infrastructure; and implement health, safety ...

Dubai / WAM The Dubai Financial Services Authority (DFSA) will be hosting “RegTech Live: Driving Compliance through Innovation”, a virtual event in partnership with the Dubai International Financial Centre Authority (DIFCA) on November 10-11. The event, the second of its kind for this year, builds on the topics discussed in June and reinforces the DFSA’s goal of fostering innovation in ...

Bloomberg Iberdrola SA agreed to buy PNM Resources Inc for $4.3 billion, pushing deeper into the US power market as the Spanish utility strengthens its position as a global giant in an industry that’s being transformed. The deal — at $50.30 per PNM share and a 10% premium — valued PNM at $8.3 billion including debt. It’s Iberdrola’s eighth acquisition ...