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Abu Dhabi’s Masdar closes deal to acquire TERNA ENERGY

ABU DHABI/WAM Abu Dhabi Future Energy Company PJSC – Masdar, announced on Thursday that it has successfully completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA (TENERGY.AT) from GEK TERNA SA (GEKTERNA.AT) and other shareholders, and received all regulatory approvals. The deal, agreed at a price of 20 euros per share, valued TERNA ENERGY at an ...

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‘Operation Chivalrous Knight 3’: UAE delivers winter aid to Gaza

GAZA/WAM Two convoys carrying essential supplies and winter relief items entered Gaza through Egypt’s Rafah border crossing as part of “Operation Chivalrous Knight 3”, to support Palestinian families during the current challenging conditions. The convoys comprised 20 trucks carrying over 337 tonnes of supplies, including winter clothing, tents, family kits, food items like flour, sugar, cooking oil, and rice, medical ...

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ADQ, Finnforel explore feasibility of fish farming facility in Kezad

ABU DHABI/WAM ADQ, an active global sovereign investor with a focus on critical infrastructure and supply chains, has signed an agreement with Finnforel, a leading aquaculture technology company headquartered in Finland, under which it will explore the feasibility of a land-based fish farming facility with a capacity of three thousand tons per year in the UAE. The potential facility will ...

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