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Mubadala unit wins MRO deal from Shams Power Company

Abu Dhabi / WAM Sanad Powertech, a wholly-owned subsidiary of Mubadala Investment Company, has been awarded a contract for the maintenance, repair and overhaul (MRO) operations of the steam engine and power generator of Shams Power Company, one of the largest operational concentrated solar power plants in the world. The contract was signed during the Abu Dhabi Sustainability Week, held ...

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‘Ensuring safety of children requires effective strategies’

SHARJAH / WAM A community’s advancement is measured by the extent to which it provides care to all segments of society, particularly children, said HH Sheikha Jawaher bint Mohammed Al Qasimi on Saturday. “We must stand by [children], safeguard their rights and protect their consciousness, paving their way for a future that befits their dreams and society’s aspirations,” affirmed Her ...

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India snubs $1 billion Amazon investment as resentment grows

Bloomberg India’s government has scoffed at Amazon.com Inc founder Jeff Bezos’ offer to invest $1 billion in the country, firing the latest salvo at an e-commerce giant that’s been accused of predatory business practices. Trade minister Piyush Goyal delivered a stinging rebuke two days after Bezos arrived in New Delhi and touted his efforts to help digitise small and medium ...

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