ABU DHABI / WAM Electricity generation from nuclear power in the countries of the Organisation for Economic Cooperation and Development (OECD) reached approximately 144.7 TWh in September 2024, accounting for 16.4% of the total electricity production in these countries. The International Energy Agency (IEA), in its Monthly Electricity Statistics report, said that over the first three quarters of 2024, electricity …

DUBAI / WAM Ducab Group concluded 2024 with record growth, strengthening its position as a global leader in energy solutions and sustainable manufacturing. In its 45th year of operations, the group expanded into more than 20 new markets, significantly increased production capacity, and launched innovative eco-friendly products. These initiatives powered large-scale infrastructure projects and accelerated industrial decarbonisation efforts, contributing to …

DUBAI / WAM Dubai Aerospace Enterprise (DAE) Ltd (“DAE”) on Tuesday announced the signing of a definitive agreement to acquire 100% of the Nordic Aviation Capital group of companies (“NAC” or “Nordic Aviation Capital”), an aircraft leasing company formed over 30 years ago. Terms of the transaction were not disclosed. As of September 2024, NAC’s fleet comprised of 252 owned …