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Dubai launches first-of-its-kind intelligent gas turbine controller

Dubai / WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, and President of the Dubai Electricity and Water Authority (Dewa), unveiled the world’s first thermodynamic Digital Twin Gas Turbine Intelligent Controller, which uses Artificial Intelligence (AI), and machine learning, co-developed by the Dewa and Siemens. HH Sheikh Hamdan unveiled the GT Controller ...

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Mubadala launches $250mn Mena tech investment funds

ABU DHABI / WAM Mubadala Capital on Monday announced the launch of its first Mena-focused tech investment funds. With a total of $250 million, the Mubadala Mena tech funds will capitalise on the growing startup scene in the region while empowering tech talent in the Emirates and across the wider region. According to a press release issued by Mubadala on ...

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Enoc sees AED71.4mn in energy efficiency savings

Dubai / WAM Enoc Group unveiled record cumulative savings of AED71.4 million from innovative energy efficiency measures implemented across the Group over the last five years. The results and findings were published in the Group’s third edition of the Energy and Efficiency Report, which was launched at Water, Energy, Technology, and Environment Exhibition (Wetex 2019), said an Enoc press release ...

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