Recent Posts

Hydrogen projects to represent $320b in funding through 2030

DUBAI / WAM The 2nd Energy Storage Forum revealed that hydrogen momentum continues to accelerate with more than 1,000 projects announced globally. The announced projects represent $320 billion investments through 2030. While renewable generation is projected to reach 80 percent of the global energy mix by 2050, this will require annual investments in energy supply and production of circa $1.5 ...

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Sheikh Sultan witnesses opening of Arab Forum for Cultural Heritage

SHARJAH / WAM HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah, witnessed on Monday, the inauguration of the 4th Arab Forum for Cultural Heritage (2023), organised by The Regional Office for the Conservation of Cultural Heritage (ICCROM-Sharjah), in cooperation with the Arab League Educational, Cultural, and Scientific Organisation (Alecso) and Sharjah Institute for Heritage, at ...

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Aldar acquires Basatin in AED150 million deal

ABU DHABI / WAM Aldar Properties has acquired Basatin Landscaping as part of its drive to further scale up and broaden its integrated property and facilities management platform, Aldar Estates. Through this transaction, valued at AED150 million, Aldar will hold a majority stake of 75% in Basatin, with the remaining 25% held by a strategic partner. Basatin is a provider ...

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