Recent Posts

Nuclear energy to complement UAE’s clean energy transition

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (ENEC) has participated in the ongoing World Future Energy Summit, part of Abu Dhabi Sustainability Week 2020, to showcase the impactful role that nuclear energy will play in sustainably powering the growth of the country, in line with the UAE Energy Strategy 2050. The Strategy includes a reduction in carbon dioxide ...

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Masdar acquires 40% stake in Australia waste-to-energy plant

ABU DHABI / WAM Masdar, a subsidiary of Mubadala Investment Company, has made its first investment in Australia after acquiring a 40 percent stake in the country’s second utility-scale waste-to-energy (WTE), facility, the company announced on Tuesday at Abu Dhabi Sustainability Week (ADSW 2020). Under the terms of the investment, Masdar and Abu Dhabi advisory and development firm Tribe Infrastructure ...

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UAE stock markets gain AED7.1 billion

ABU DHABI / WAM UAE stock markets continued their rise for the second consecutive day, amid improvements in trading, with market capitalisation of trading companies reaching AED7.1 billion. The Abu Dhabi Securities Exchange General Index increased 68 points or 1.34 percent since the beginning of 2020. Today’s numbers reveal the Abu Dhabi Securities Market rose to 5,168.62 points, a 1.07 ...

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