TASHKENT / WAM ACWA Power announced the signing of three new strategic agreements, potentially worth up to $2.5 billion, with the Ministry of Energy of Uzbekistan to amplify power generation and develop technical expertise. The agreements include a 25-year Power Purchase Agreement (PPA), and Investment Agreement – with a total investment value of $1.2 billion – for the development, construction ...

ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, has said that tolerance is a solid Emirati approach that was laid down by the Founding Father the late Sheikh Zayed bin Sultan Al Nahyan, and continued under the country’s wise leadership through the consolidation of the values and principles of tolerance, peace and love. Sheikh Nahyan ...

SHARJAH / WAM The Sharjah Airport International Free Zone (Saif Zone), announced that the Germany-based International KG is going to base its regional operations in the free zone, after a lease contract was concluded between both entities. Under the agreement, Schüco will lease 14 warehouses covering a total area of 8,400 square metre, making it the biggest number of warehouses ...