Bloomberg Etihad Airways PJSC has agreed to lead a rescue of cash-strapped Jet Airways India Ltd in a move that will see the Abu Dhabi-based carrier double its stake to 49 percent, according to television reports. Etihad is in talks to lift its holding from the current 24 percent, India’s BTVI channel reported, citing unidentified people familiar with matter. CNBC-TV18 ...

Abu Dhabi / WAM The Department of Energy (DoE) launched the ‘Abu Dhabi Integrated Energy Model’ on Monday, at an event coinciding with the Abu Dhabi Sustainability Week 2019, to provide a roadmap for the energy sector in the upcoming period, in line with the Abu Dhabi Economic Vision 2030. Bearing the theme, ‘Energy: A Power that Shapes the Future’, the ...

Abu Dhabi / WAM Abu Dhabi’s investments in renewable energy have reached AED8 billion, reflecting positively on the sustainability of the sector for future generations, said Awaidha Murshed Al Marar, Chairman of the Department of Energy. In a statement to the Emirates News Agency (WAM), Al Marar said, “The emirate’s investments in the clean energy sector will witness significant growth this ...