FARN Issues Operating License for Unit 2 of Barakah Nuclear Power Plant

The Federal Authority for Nuclear Regulation, the UAE’s independent nuclear regulator, on 9th March has issued the Operating License for Unit 2 of the Barakah Nuclear Power Plant to Nawah Energy Company, the Emirates Nuclear Energy Corporation’s (ENEC) subsidiary, responsible for the operation of the nuclear power plant located in the Al Dhafra region of Abu Dhabi..... Read more »

Posted on : 3/17/2021

KFH-Bahrain to Launch Auto Finance Unit at Sitra Mall

Edamah Property Management Company (EPMC), a wholly owned subsidiary of Edamah, has announced the signing of a lease agreement with Kuwait Finance House-Bahrain (KFH-Bahrain) to run a branch dedicated to automotive financing in the soon-to-be renovated Sitra Mall..... Read more »

Posted on : 3/15/2021

Juma Al Majid introduces Genesis GV80

Juma Al Majid Est, the exclusive distributor of Genesis cars in the UAE, announced that the 2021 Genesis GV 80 is now available in the UAE..... Read more »

Posted on : 3/15/2021

Jizzakh Petroleum has Reached New Milestones in the MTO Project.

Jizzakh Petroleum has announced substantial progress in the development of a new methane-to-olefin (MTO) gas chemical complex in Uzbekistan..... Read more »

Posted on : 3/12/2021

LFH Develops a New Pumping System for the Oil and Gas Industry

LFH Engineering, based in Scotland, has invested £250,000 ($348,411) to build a specialized pump for the oil and gas industry..... Read more »

Posted on : 3/12/2021

Dubai Shines as India-Uae Ties Grows Stronger

The traditionally warm relationship between India and the UAE built on mutual trust, respect, civilizational bonds and cultural moorings has grown stronger over the years. The powerful flow of bilateral investments and an annual bilateral trade of about USD 60 billion ensures that the UAE is India's 3rd largest trade partner and is also a major exporter of crude oil to India..... Read more »

Posted on : 3/3/2021

Dubai Holding's OSE Industries Acquisition a Major Boost for Dubai's Industrial Sector

Dubai Holding’s decision to earn a majority stake in Dubai based aluminium extrusion company OSE Industries is a major vote of confidence in the UAE economy, according to Dubai Industrial City..... Read more »

Posted on : 3/3/2021

Masdar Enters Strategic Alliance to Explore Renewable Energy Opportunities in Ukraine

Masdar’s parent company Mubadala Investment Company and DTEK, Ukraine’s largest private producer of power, have signed a strategic agreement to explore potential clean energy investments in Ukraine..... Read more »

Posted on : 3/1/2021

Masdar Signs Strategic Agreement with Samruk-Kazyna to Explore Renewable Energy Opportunities in Kazakhstan

Masdar and Samruk-Kazyna, the sovereign wealth fund of the Republic of Kazakhstan, have signed a strategic agreement to explore renewable energy opportunities in Kazakhstan and support the country’s clean-energy objectives..... Read more »

Posted on : 3/1/2021

UAE Solar Energy Firm Sirajpower Eyes $200m Financing Deal for Expansion

SirajPower, A UAE based solar energy provider, has announced its plans to raise USD 200 million in a bid to expand its footprint in the Gulf region..... Read more »

Posted on : 2/26/2021