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Bloomberg Two decades ago, when coal ruled US power generation, a Florida utility plowed some of its extra cash into a wind farm atop a desolate Oregon plateau. It was the start of an unimaginably successful bet. This year, that company — now named NextEra Energy Inc — became the world’s first utility with a market capitalisation of more than …

Bloomberg South Africa appointed Andre de Ruyter as chief executive officer of Eskom Holdings SOC, the debt-strapped utility that provides about 95% of the nation’s electricity and poses the biggest threat to its economy. De Ruyter, who is currently the CEO of Nampak Ltd, will take up the post on January 15, the Department of Public Enterprises said in a …

Bloomberg After at least a decade of preparations, coal-reliant Poland may be one step away from embarking on its biggest power project ever, with talks on securing the $60 billion in financing entering the final stretch. The country is seeking a foreign investor for a 49% stake in the company that will be responsible for building and operating six reactors, …

GULF TIME Vapiano is set to introduce breakfast for the first time in its history across its UAE outlets, marking an exciting new chapter for the international dining brand. The new Vapiano Breakfast Menu has been created to bring a fresh, social, and relaxed international lifestyle experience to the morning dining scene, offering guests a new way to begin their …

NEW WEST ZONE SUPERMARKET LLC, the registered and exclusive owner of the trademark “WEST ZONE” in the United Arab Emirates, hereby declares that  the company has no procurement or marketing branch operating in any of the Emirates in the UAE except “ Dubai”. The public, customers, and suppliers are hereby cautioned not to deal with any entity claiming to represent or belong …

ABU DHABI/WAM The Securities and Commodities Authority (SCA) is calling on investors to collect their dividends through First Abu Dhabi Bank (FAB), the paying agent appointed to handle the process. This comes as a part of its ongoing efforts to protect the rights of shareholders in companies listed on the UAE stock exchanges and ensure they claim any outstanding entitlements …

DUBAI/WAM Capital.com, the high-growth global trading platform and fintech group, has announced it is now offering its customers access to the principal UAE stock markets – becoming one of the first major trading platforms to do so. In a move that reflects the growing interest in the region’s economy, Capital.com is providing full coverage of the Abu Dhabi Securities Exchange …

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, on Tuesday welcomed the successful listing of Alpha Data, a leading digital transformation provider and systems integrator in the UAE. This marks the UAE’s first IPO and the exchange’s second offering in 2025, reinforcing the exchange’s commitment to broadening the market and offering …