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UAE aims to acquire 25% of low-carbon hydrogen market

  Dubai / WAM Innovative technologies to produce green hydrogen using clean and renewable energy are witnessing rapid developments and steady progress, and studies indicate that green hydrogen production will increase by 57 percent annually to reach 5.7 million tonnes in 2030. The UAE aims to acquire 25 percent of the low-carbon hydrogen market, which is expected to reach more ...

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FAB to offer inventory solutions to its clients

  Abu Dhabi / WAM First Abu Dhabi Bank (FAB) on Monday announced its partnership with Silver Birch Finance Limited to offer inventory solutions to their local and international clients. Silver Birch, headquartered in the UK, is a specialist working capital structuring, advisory and execution firm that supports financial institutions by enabling them to offer corporate clients non-debt solutions to ...

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Dubai records AED2.4b realty deals in one day

  Dubai / WAM Dubai real estate market recorded 568 sales transactions worth AED1.37 billion, in addition to 93 mortgage deals of AED197.58 million, and 23 gift deals amounting to AED858.27 million on Monday, data released by Dubai’s Land Department (DLD) showed. The sales included 503 villas and apartments worth AED1.04 billion, and 65 land plots worth AED323.78 million, while ...

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