BEIJING/ WAM The Mohamed bin Zayed Water Initiative has signed a Memorandum of Understanding with the Institute of Seawater Desalination and Multipurpose Utilisation (ISDMU), part of the People’s Republic of China’s Ministry of Natural Resources, to collaborate on efforts to accelerate technological innovation in desalination. The MoU, signed during a ceremony attended by Hussain bin Ibrahim Al Hammadi, UAE Ambassador …

DUBAI / WAM Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), has signed a Memorandum of Understanding (MoU) with Dubai International Financial Centre (DIFC) during the 3rd edition of Dubai FinTech Summit. By combining their strengths, Moro Hub and DIFC are positioned to drive digital innovation and sustainability, reinforcing Dubai’s position …

ABU DHABI / WAM Aldar Properties has completed the sale of a residential building at Mamsha Gardens to Hong Kong-based real estate private equity firm GAW Capital Partners for AED586 million. Marking GAW Capital’s first investment in the UAE, the transaction underscores the growing international appeal of Abu Dhabi’s property market, the Saadiyat Cultural District, and Aldar’s residential portfolio. Located …