ABU DHABI / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and Chairman of the National Media Council, said that relations between the UAE and Saudi Arabia set an exemplary model for brotherly relations in the region, reinforced by the leadership of both countries. In a statement on the occasion of the 89th Saudi National Day, the …

ABU DHABI / WAM The Abu Dhabi-based global investment firm, Mubadala Investment Company, on Monday announced that it has signed an agreement to invest up to AED 1.84 billion ($500 million) in Cologix, the network-neutral interconnection and hyperscale edge data centre company, subject to various regulatory approvals. The transaction will provide significant investment for Cologix for growth in both the United …

Bloomberg The UK is set to open the first contest in a decade intended to draw as much as $25 billion of investment in offshore wind farms. The move in a competitive auction for leases where developers can plant large-scale turbines at sea will bring at least 7 gigawatts of new power generation capacity to the UK grid and speed …