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Adnoc, Taqa, Mubadala complete deal to acquire stakes in Masdar

  Abu Dhabi / WAM Abu Dhabi National Energy Company (Taqa), Mubadala Investment Company (Mubadala) and Abu Dhabi National Oil Company (Adnoc) announced on Thursday the successful completion of the Masdar transaction, following which they will all become shareholders in Abu Dhabi Future Energy Company (Masdar) — Abu Dhabi’s flagship clean energy company. This transaction — first announced in December ...

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Sheikh Mohammed approves AED205bn budget for Dubai

  Dubai / WAM In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has approved the government of Dubai’s general budget for the fiscal cycle of 2023-2025, with total expenditures of AED205 billion. The budget meets Dubai’s aspirations and confirms its determination to continue developing and ...

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UAE adds new batch of N-energy professionals at Barakah plant

  Abu Dhabi / WAM An additional 87 senior reactor operators (SROs) and reactor operators (ROs), 30 of whom are UAE nationals including five females, have been certified to operate the Barakah Nuclear Energy Plant as part of the operations crews of Nawah Energy Company (Nawah), the operations and maintenance subsidiary of the Emirates Nuclear Energy Corporation (Enec) mandated to ...

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