Recent Posts

Masdar-backed wind farm in UK gets AED5.9bn refinancing

ABU DHABI / WAM The owners of the 402-megawatt (MW) Dudgeon wind farm in Britain’s North Sea, Masdar, Equinor and China Resources Group, have announced the signing of a hybrid refinancing that includes approximately GBP561 million (AED 2.6 billion) of commercial bank debt and GBP706 million (AED 3.275 billion) of senior secured notes privately placed with institutional investors, finally maturing ...

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UAE Parliament backs Saudi rejection of US Senate resolutions

Abu Dhabi / WAM The Federal National Council (FNC) has expressed full support and solidarity with Saudi Arabia in rejecting recent US Senate resolutions, reaffirming the necessity of all world countries abiding by UN conventions and principles on respecting the sovereignty of world nations and refraining from meddling into the internal affairs of each other. In a statement on Tuesday, ...

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UAE, US joint military exercise concludes

ABU DHABI / WAM The joint military exercise between the ground forces of the UAE and the United States has concluded. The “Iron Union 9” exercise, which continued for two weeks, comes within the framework of the joint exercises of the UAE Armed Forces with fraternal and friendly countries to enhance their combat skills. The final day of the exercise ...

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