Saudi's Sadara signs $3.77bn power deal with state utility

<p>Saudi Arabia's Sadara Basic Services said on Tuesday that its parent firm signed a 14.13 billion riyal ($3.77 billion) deal with Saudi Electricity Company to supply electric power to its chemicals complex in Jubail Industrial City.</p>.... Read more »

Posted on : 7/7/2015

Support platform for renewable energy innovation launched

Abu Dhabi: Policy makers and other energy sector players can now access the world’s largest collection of global renewable energy standards and patents thanks to a new online platform launched yesterday (Monday) by the International Renewable Energy Agency (Irena). .... Read more »

Posted on : 7/6/2015

UAE car dealers rev up sales bonanza during Ramadan

Ramadan is proving to be a sales bonanza period for car dealers in the UAE thanks to the addition of cash discounts, free insurance, extended warranties and service packages. .... Read more »

Posted on : 7/5/2015

UAE's Dana Gas says wins favourable ruling in $1.9bn Kurdistan dispute

<p>Dana Gas, one of the largest oil and gas investors in Iraq's semi-autonomous Kurdish region, said on Sunday that it had obtained a favourable ruling from a London arbitration tribunal in its dispute with Kurdistan authorities.</p>.... Read more »

Posted on : 7/5/2015

Azizi launches new residential Dubai projects

Dubai: Azizi Developments, on Monday, announced the launch of its Daisy and Freesia residential project in Al Farjan Master Development in the heart of Dubai..... Read more »

Posted on : 7/4/2015

Apple skips Beats 1 Radio in UAE and across GCC

On June 30, Apple rolled out Apple Music, a music streaming service even as it skipped the Beats 1 Radio across the GCC, including the United Arab Emirates. Apple started streaming live music as part of Apple Music an all-in-one streaming music service with live global radio station and social platform for artists to connect with fans. The Beats 1 Radio, a 24/7 live global radio station anchored by DJs Zane Lowe, Ebro Darden and Julie Adenuga from Los Angeles, New York City and London, respectively, is not available for listeners in the UAE..... Read more »

Posted on : 7/2/2015

Abu Dhabi's Taqa denies merger talks as shares near all-time low

The energy company Taqa denied reports that it was considering a merger with another Abu Dhabi government entity as its shares traded near an all-time low. The stock fell 5.4 per cent to 70 fils following the news. In a statement to the Abu Dhabi Securities Exchange, the company said: “Taqa confirms it is not engaged in merger discussions with any government or other entity.” It was referring to a CNBC Arabiya news report..... Read more »

Posted on : 7/2/2015

Dubai to build world's first 3D printed office

Dubai: Dubai is planning to build the world’s first fully functional 3D printed building, an ambitious move that will establish the UAE’s position as the global centre of technology in architecture construction and design, UAE National Innovation Committee revealed..... Read more »

Posted on : 6/30/2015

Renewable energy app ready to feed hungry minds

The renewable energy sector has been growing fast, and more and more people – particularly potential investors – are seeking information on little known areas to venture into. Although some forms of renewable energy have been around for decades, there has been almost no mapping of the industry. Sure, companies have looked into their particular areas of interests, but until the International Renewable Energy Agency (Irena), an intergovernmental organisation that supports countries in their transition to a sustainable energy future, launched in 2009, there was little aggregated information available..... Read more »

Posted on : 6/30/2015

Abu Dhabi mulls state-backed merger for Taqa

Abu Dhabi may merge its national energy company into another state-owned business to make the company's crippling debts more manageable and try to turn around its performance, sources familiar with the matter told Reuters..... Read more »

Posted on : 6/30/2015