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UAE’s executive to chair Arab Union for Industrial Exports Development

  Dubai / WAM Mohammad Ali Al Kamali, Deputy CEO of Dubai Industries and Exports, an agency of the Department of Economy and Tourism (DET) in Dubai, was announced as President of the next session of the Arab Union for Industrial Exports Development (AUIED). The announcement was made during the ninth General Assembly of AUIED, which concluded in Dubai alongside ...

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UAE sends plane carrying 50 tonnes of relief to Ukraine

  ABU DHABI / WAM As part of its continued humanitarian efforts, the UAE on Thursday sent a plane to Warsaw, Poland, carrying 50 tonnes of food items and ambulances with medical equipment as part of an ongoing relief air bridge established in March to meet the humanitarian needs of Ukrainian internally displaced persons (IDPs) and refugees. Ahmed Salim Al ...

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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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