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DUBAI / WAM The 2nd Energy Storage Forum revealed that hydrogen momentum continues to accelerate with more than 1,000 projects announced globally. The announced projects represent $320 billion investments through 2030. While renewable generation is projected to reach 80 percent of the global energy mix by 2050, this will require annual investments in energy supply and production of circa $1.5 ...

SHARJAH / WAM HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah, witnessed on Monday, the inauguration of the 4th Arab Forum for Cultural Heritage (2023), organised by The Regional Office for the Conservation of Cultural Heritage (ICCROM-Sharjah), in cooperation with the Arab League Educational, Cultural, and Scientific Organisation (Alecso) and Sharjah Institute for Heritage, at ...

ABU DHABI / WAM Aldar Properties has acquired Basatin Landscaping as part of its drive to further scale up and broaden its integrated property and facilities management platform, Aldar Estates. Through this transaction, valued at AED150 million, Aldar will hold a majority stake of 75% in Basatin, with the remaining 25% held by a strategic partner. Basatin is a provider ...

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has embarked on a landmark trade mission to the Republic of India, marking a significant step in strengthening economic ties between the two nations. The trade mission’s first leg commenced with the highly successful UAE-India Business Forum held in Mumbai, India’s bustling commercial capital. The UAE-India Business Forum, organised ...

VENICE / WAM “The political will to use culture in an intelligent and thoughtful way is inspiring,” said Lesley Lokko, curator of the 18th International Architecture Exhibition of La Biennale di Venezia Venice Architecture Biennale, referring to the UAE’s national policy and strategy, during an interview to Emirates News Agency (WAM) in Venice. On the sidelines of the International press ...

SHARJAH / WAM The Sharjah Waste-to-Energy Project, the first of its kind in the Middle East, has strengthened its efforts to divert waste from landfills and contribute to the production of clean energy. Since its launch one year ago, the plant has increased its waste diversion rate from 76% to 90%, aligning with the UAE’s goal of achieving climate neutrality ...

DUBAI / WAM The Dubai Financial Market (DFM)  on Monday announced the offering of futures contracts on its General Index (DFMGI), which includes the most liquid and largest companies listed on the DFM. The listing and trading of DFMGI futures were expected to  commence from Monday. Trading futures contracts on the DFMGI offers investors the opportunity to access one of ...

ABU DHABI / GULF TIME Under the directives of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President of the UAE, Deputy Prime Minister, Minister of the Presidential Court and Chairman of the Abu Dhabi Agriculture and Food Safety Authority (Adafsa), Adfsa has launched the fodder market, the first and largest of its kind in the Middle East. The ...

DUBAI / WAM Emirates Global Aluminium (EGA) on Monday announced it is bringing the innovative behavioural safety programme “SafeStart” to the region as part of the company’s journey to zero harm. EGA’s safety performance is already significantly better than global industry benchmarks. EGA is now aiming to eliminate the risk of serious harm in its operation this decade, a bold ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has commissioned a water reservoir in the Lusaily area. The project has a storage capacity of 60 million imperial gallons (MIG) and investments totalling AED157.4 million. The project supports Dewa’s efforts to enhance water security and keep pace with the increase in demand. Saeed Mohammed Al Tayer, MD and CEO of ...