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Masdar, KESH–Albania Power Corporation ink pact at COP29

BAKU/WAM Abu Dhabi Future Energy Company (Masdar) and Korporata Elektroenergjitike Shqiptare (KESH) – Albania Power Corporation – have signed a joint venture term sheet agreement to explore the development of gigawatt-scale renewable projects in Albania. The signing ceremony took place in Baku, Azerbaijan, on the sidelines of COP29, witnessed by the Prime Minister of Albania, Edi Rama, Dr Sultan Al ...

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FAB End of Service Benefits Funds gets initial approval from MOHRE, SCA

ABU DHABI / GULF TIME First Abu Dhabi Bank (FAB) has received initial approval to make FAB End of Service Benefits Funds available to UAE-based companies, giving employees the opportunity to grow their end of service benefits through the new government Alternative EOSB Savings Scheme (Savings Scheme). Participating employers pay monthly basic and voluntary contributions on behalf of their employees ...

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PCFC launches ‘Dubai Code for Ports’ to boost maritime capacity

DUBAI / WAM The Ports, Customs and Free Zone Corporation (PCFC) has announced the launch of a pioneering project, the ‘Dubai Code for Ports,’ the first of its kind globally. This comprehensive technical guide aims to establish an integrated framework of technical specifications and requirements for the development and management of ports, marinas, and related maritime activities, setting a new ...

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