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Tata Power raises $525m for renewable energy platform

  ABU DHABI / WAM The Tata Power Company Ltd. (Tata Power) and BlackRock Real Assets-led consortium, including Mubadala Investment Company (Mubadala), have entered into a binding agreement to invest in Tata Power’s renewable energy subsidiary, Tata Power Renewable Energy Limited (Tata Power Renewables). BlackRock Real Assets, together with Mubadala, shall invest $525 million by way of equity / compulsorily ...

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IMF deputy says world needs to prepare for Covid downsides

Bloomberg The world needs to be preparing for downside scenarios relating to Covid-19, the deputy chief of the International Monetary Fund (IMF) said, calling for billions of dollars in grants to bolster pandemic preparedness. “What I’m worried about is that everybody’s hoping for the best-case scenario, which is that this is a mild, endemic virus — but what experts tell ...

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Etihad’s MRO unit gets industry recognition

  Abu Dhabi / WAM Etihad Engineering has won ‘MRO Service Provider of the Year – Commercial Aviation’ award at the Aviation Achievement Awards 2022. Abdul Khaliq Saeed, Chief Executive Officer at Etihad Engineering, was honoured with the ‘Outstanding Contribution to the Aviation Industry’ award at the event held in Dubai. The Aviation Achievement Awards, celebrate and recognise exceptional resilience, ...

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