ABU DHABI / WAM Abu Dhabi Future Energy Company (Masdar) and First Abu Dhabi Bank (FAB) are celebrating Year of Tolerance in UAE by helping an Abu Dhabi-based school for people of determination to drastically reduce its electricity and water bills. Funds raised from a special co-branded, biodegradable credit card, launched at Abu Dhabi Sustainability Week 2013, are now being ...

ABU DHABI / WAM The Emirates Water and Electricity Company (Ewec), the UAE’s leading procurer of water and electricity, has issued a tender for the construction and development of a new 2,000 MW solar photovoltaic (PV) power project to be located at Al Dhafra, Abu Dhabi. The new project forms part of a series of projects approved by the higher ...

Bloomberg Al Jaber Group agreed with banks to restructure $1.5 billion of debt for a second time, people with knowledge of the plan said. The group is close to signing a deal with about 20 creditors to push out loan maturities to December 2026, said the people, asking not to be identified because the information is private. In return, Al ...