ABU DHABI / WAM Abu Dhabi Future Energy Company (Masdar) announced on Thursday it has achieved financial close on three solar photovoltaic (PV) projects it is developing in the Republic of Uzbekistan. Construction will begin imminently on the plants, which will have a combined capacity of around 900 megawatts — the largest solar development programme in the region. Financing for ...

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) issued a new banknote of AED1000 denomination, made of polymer for circulation in the market. The new banknote will be available at banks and exchange houses starting from April 10. In the design of the new banknote, the CBUAE was keen to highlight the success story of the UAE, ...

LATAKIA / WAM Upon the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the Emirates Red Crescent (ERC) announced the construction of 1,000 prefabricated housing units worth AED65 million, as part of its participation in Operation “Gallant Knight 2” launched by the Joint Operations Command of the Ministry of Defence to assist Syrian families affected by the ...