Recent Posts

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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UAE, Japan non-oil trade hits $130.8b in 10 years

ABU DHABI / WAM According to statistics from the Ministry of Economy, the total value of non-oil trade between the UAE and Japan reached AED481.34 billion or $130.8 billion over the past ten years from 2009 to 2019. These statistics highlight the growing trade and economic relations between the two countries, with the value of their overall trade in the ...

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