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Dewa, Transco to raise UAE’s water security

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) and Abu Dhabi Transmission and Despatch Company (Transco), a subsidiary of Abu Dhabi National Energy Company (Taqa Group), will install three interconnections that can transfer 117 MIGD to different areas in Abu Dhabi and Dubai, supporting reliable water supplies to customers across the nation. The move reinforces a shared national ...

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ADQ, Chimera Investments to launch UAE’s first Spac on ADX

Abu Dhabi / WAM ADQ, an Abu Dhabi-based investment and holding company, and Chimera Investments, an Abu Dhabi-based private investment firm managing a diversified portfolio of listed and unlisted equities on both local and international markets, announced on Tuesday they have established ADC Acquisition Corporation PJSC (ADC), the UAE’s first Special Purpose Acquisition Company (SPAC). ADC plans to raise AED367 ...

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Dubai Chamber highlights key CSR, sustainability achievements

  Dubai / Gulf Time Dubai Chamber of Commerce has released a new report highlighting its key CSR achievements in 2021, as well as the outcome and impact of campaigns, initiatives, events and activities it organised during the year, which relate to community, environment, workplace and marketplace. In 2021, Dubai Chamber of Commerce organised a Sustainability Week campaign on celebrating ...

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