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Cuban minister explores ways to boost cooperation with ADFD

  Abu Dhabi / WAM Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), received Malmierca Diaz, Minister of Trade, Foreign Investment and International Cooperation of Cuba, at the ADFD headquarters in Abu Dhabi. Present at the meeting were Khalifa Abdullah Al Qubaisi, Deputy Director General of ADFD; Roberto Blanco, Ambassador of Cuba to the UAE; ...

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Controversial $5b Ethiopia dam begins producing power

Bloomberg Ethiopia began generating electricity from its giant hydropower dam on a Nile River tributary, a project it sees as key to its economic development but that has stirred tensions with downstream neighbours. The Grand Ethiopian Renaissance Dam (GERD) can now start the first phase of generation, authorities said at a ceremony attended by Prime Minister Abiy Ahmed in Guba, ...

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Coal India says output may suffer without a price hike

  Bloomberg State-run miner Coal India Ltd warned production of the fuel may be hampered, risking new threats to the nation’s energy supply, if the company isn’t able to raise prices. The world’s largest coal producer is facing cost pressures from a looming rise in salaries and on higher prices of diesel used to power mine equipment. Some of the ...

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