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Saudi Arabia, Mauritania sign pact for energy cooperation

RIYADH/ WAM The Kingdom of Saudi Arabia and the Islamic Republic of Mauritania have signed a Memorandum of Understanding to cooperate in the electricity, renewable energy, and clean hydrogen sectors to achieve both countries’ interests. According to the Saudi Press Agency (SPA), the MoU was signed by the Saudi Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz and the ...

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MoFA receives copy of credentials of UN Resident Coordinator for UAE

ABU DHABI / WAM Sultan Mohammed Al Shamsi, Assistant Minister of Foreign Affairs for Development Affairs and International Organisations, received a copy of credentials of Bérangère Boëll-Yousfi, United Nations Resident Coordinator for the UAE. Al Shamsi wished the newly appointed UN Resident Coordinator success in her duties and affirmed the UAE’s keenness to enhance its partnership with the United Nations ...

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Barakah One wins ESG award for AED8.89b green refinancing

ABU DHABI / WAM The AED8.89 billion ($2.42 billion) refinancing of the UAE’s Barakah Nuclear Energy Plant has been selected as the ESG Loan Deal of the Year by the prestigious Bonds, Loans & Sukuk Middle East Awards. Barakah One Company, the financing and commercial subsidiary of the Emirates Nuclear Energy Corporation (ENEC), achieved groundbreaking refinancing with the participation of ...

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