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UAE government revenues up 26% in 2021: Ministry

Abu Dhabi / WAM The Ministry of Finance (MoF) released on Tuesday the preliminary government finance statistics data for year 2021, in accordance with the criteria of the Government Finance Statistics Manual issued by the International Monetary Fund (IMF). This comes in line with the Open Data Policy set by the UAE. During 2021, the revenues at the federal level ...

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Masdar buys UK firm to advance renewable energy storage market

Abu Dhabi / WAM Masdar on Tuesday announced it has acquired the UK-based battery energy storage system (BESS) developer Arlington Energy. The acquisition will enable Masdar to expand its presence in the UK and European renewable energy markets and support countries’ net-zero objectives. Based in London, Arlington Energy has a proven record in developing, building, operating and financing flexible energy ...

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UAE an active member of UN with key role in achieving global peace

Dubai / WAM  Mageed Yahia, UN Resident Coordinator ad interim for the UAE, and WFP Director in the UAE and Representative to the GCC, said that this year’s celebration of the United Nations Day coincides with the 50th anniversary of the UAE’s membership in the international organisation, highlighting the country’s prominent role in hosting international organisation offices in the country. ...

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