DUBAI / WAM Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority PJSC (Dewa), on Sunday announced that the Abu Dhabi Future Energy Company PJSC – Masdar is the Preferred bidder to build and operate the 1,800MW 6th phase of the Mohammed bin Rashid Al Maktoum Solar Park for using photovoltaic (PV) solar panels based on …

ABU DHABI / ad media Under the patronage of His Highness Sheikh Nahyan bin Zayed Al Nahyan, Chairman of Abu Dhabi Sports Council, the 29th Abu Dhabi International Chess Festival will take place from August 14-25 at the Radisson Blu Hotel in Abu Dhabi, with a total prize fund of AED300,000. The festival will be held under the supervision of …

BLOOMBERG CVC Capital Partners is weighing an initial public offering of Douglas and could seek a value of more than €7 billion ($7.7 billion) for the German perfume retailer, people with knowledge of the matter said. The private equity firm is working with independent adviser Rothschild & Co as it explores a possible 2024 IPO of the business, according to …