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Dewa reveals IPO price range, intends to raise up to $2.2bn

  DUBAI / WAM Dubai Electricity and Water Authority PJSC (Dewa or “the company” or “the group), the exclusive provider of electricity and potable water in Dubai and the majority owner of Empower, the world’s largest district cooling services operator by connected capacity, announced the price range and start of the subscription period for its initial public offering (IPO or ...

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UAE clean electricity generation has doubled in less than year

  ABU DHABI / WAM Khaldoon Khalifa Al Mubarak, Chairman of the Board of Directors of Emirates Nuclear Energy Corporation (Enec), has said that with the commencement of Unit 2 commercial operations of the Barakah Nuclear Energy Plant in Abu Dhabi, the UAE is demonstrating the transformative effect of nuclear energy on the country’s clean energy transition. In a statement ...

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UAE, Asean discuss ways to boost ties in key fields

  DUBAI / WAM Dr Anwar Gargash, Diplomatic Adviser to the UAE President, met the ambassadors of the member states of the Association of Southeast Asian Nations (Asean) accredited to the UAE. The meeting reviewed the friendship and cooperation relations between the UAE and Asean countries and ways to develop them across various fields further. It also touched upon regional ...

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