January, 2022

• 18 January

  Deal signed to boost cyber skills training in schools

  

    Dubai / WAM Hewlett Packard Enterprise on Monday announced that it has signed a memorandum of understanding (MoU) with the UAE Cyber Security Council to enhance cyber skills training in schools and prepare Emirati youth for careers in the technology industry. HPE and the Cyber Security Council will launch various initiatives nationwide and expect to work with more than ...

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• 18 January

  Arada buys $65m plot of land on Palm Jumeirah

  Dubai / WAM Arada, a Sharjah-based development company, has purchased the last remaining beachfront land plot on the Crescent of the world-famous, award-winning Palm Jumeirah, marking the fast-growing developer’s first project outside Sharjah and its entry into the Dubai property market. Valued at AED240 million ($65.34 million), the plot has been bought from Nakheel, the master developer behind Palm Jumeirah. ...

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• 18 January

  Taqa, Ewec set pricing for AED2.6 billion green bond

  

    ABU DHABI / WAM Abu Dhabi National Energy Company PJSC (Taqa) along with Emirates Water and Electricity Company (Ewec) announced on Monday the successful pricing of green senior secured bonds for an aggregate principal amount of $700.8 million (AED2.6 billion) by Sweihan PV Power Company PJSC (SPPC). Taqa is one of the largest listed integrated utility companies in the ...

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• 18 January

  Empower starts operation of Za’abeel district cooling plant

  

    Dubai / WAM Emirates Central Cooling Systems Corporation (Empower) has commenced the operations of the first phase of its new District Cooling plant in Za’abeel, Dubai, with a cooling capacity of 27,750 refrigeration tonnes (RT). The total cooling capacity of the plant will be 50,000 RT upon completion and will be interconnected with the company’s existing district cooling plant ...

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• 18 January

  National Committee on SDGs to focus on sustainability action

  

    Dubai / WAM Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, and Chairwoman of the National Committee on Sustainable Development Goals stated that projects with immediate impact would be at the top of the committee’s agenda and implementation strategies during the upcoming period. Al Hashemy’s remarks were made during the committee’s first meeting in 2022, and ...

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• 18 January

  ADU forges partnerships with Malaysian universities

  

    Abu Dhabi / WAM Abu Dhabi University (ADU) signed agreements with Malaysian academic institutions during a delegation visit led by Dato’ Professor Dr Husaini Omar, Director-General of the Ministry of Higher Education in Malaysia, and 30 delegates from 10 prestigious Malaysian universities. These partnerships will enable the ADU to provide its students with valuable knowledge transfer and exchange opportunities. ...

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• 18 January

  HPE, UAE Cyber Security Council ink deal

    DUBAI / WAM Hewlett Packard Enterprise on Monday announced that it has signed a memorandum of understanding (MoU) with the UAE Cyber Security Council to enhance cyber skills training in schools and prepare Emirati youth for careers in the technology industry. HPE and the Cyber Security Council will launch various initiatives nationwide and expect to work with more than ...

  Read More »
• 18 January

  Arada buys AED240mn worth of land at Palm Jumeirah

  

    Dubai / WAM Arada, a Sharjah-based development company, has purchased the last remaining beachfront land plot on the Crescent of the world-famous, award-winning Palm Jumeirah, marking the fast-growing developer’s first project outside Sharjah and its entry into the Dubai property market. Valued at AED240 million, the plot has been bought from Nakheel, the master developer behind Palm Jumeirah. Located ...

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• 18 January

  Europe gas tracks Asian prices lower, Russian supply in focus

  

    Bloomberg European natural gas prices fell, tracking Asian contracts lower, while Russia offered little clarity on volumes it plans to send to the continent next month. Gas giant Gazprom PJSC again opted not to book any extra pipeline space to ship the fuel westward through Ukraine during a monthly auction on Monday. In addition, Russia didn’t book any capacity ...

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• 18 January

  UK power prices surge to $1,589, highest since Dec

    Bloomberg Power prices for Monday evening in the UK surged to the highest in a month as supplies are poised to drop with very little wind forecast. The contract for the hour through 6 p.m. London time jumped to $1,589 a megawatt-hour, the highest since December 16 on the N2EX exchange. At the same time, wind output is forecast ...

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