he Middle East Paper Company (MEPCO), a producer that specializes in the creation and recycling of paper-based products in the Middle East and North Africa and Saudi Arabia's Public Investment Fund (PIF) have signed an investment agreement. By way of a capital increase and subscription for additional shares, the PIF has gained a 23.08 percent ownership in MEPCO..... Read more »
Posted on : 3/12/2024
Leading global lighting company Signify is pushing the adoption of connected LED lighting faster by bringing its Green Switch energy efficiency programme to the Middle East. Customers in the Kingdom of Saudi Arabia and the United Arab Emirates will be able to access the programme..... Read more »
Posted on : 3/11/2024
With $11.9 billion already spent in various projects in the Gulf nation, French utility company ENGIE is seeking to further establish itself in the market, a senior company official said..... Read more »
On the fringes of the Health event, which took place in Dubai, United Arab Emirates, Egypt's Minister of Health and Population, Khaled Abdel Ghaffar, met with his Emirati counterpart, Abdul Rahman Al Owais..... Read more »
In a "landmark" accord, the UAE and Kenya have wrapped up discussions for a comprehensive economic partnership agreement (CEPA), opening up new markets for expansion into everything from technology to food..... Read more »
Posted on : 3/5/2024
According to Saeed Mohammed Al Tayer, MD and CEO of the DFM-listed utility, over the past ten years, the Dubai Electricity and Water Authority (DEWA) has drastically lowered the cost of solar power by 85% and doubled efficiency. Al Tayer discussed these accomplishments in his opening speech at the Dubai-hosted World Government Summit in 2024..... Read more »
Posted on : 2/20/2024
Signing a cooperation agreement with Nafath Renewable Energy is a ground-breaking step for the Forming Future company. Through the use of solar thermal energy, this strategic alliance seeks to lead the way in cutting-edge renewable energy storage initiatives..... Read more »
As part of its fourth quarter 2023 financial results, Dubai Electricity and Water Authority (DEWA) provided updates on its ongoing projects and future estimates..... Read more »
Posted on : 2/19/2024
DUBAI: Rafael Mariano Grossi, the director-general of the International Atomic Energy Agency (IAEA), said that nuclear energy currently accounts for about 12% of the world's electricity generation..... Read more »
Global Equipment Trading, located in Dubai's Jebel Ali Free Zone, United Arab Emirates, has been acquired by Plant & Equipment, a prominent construction equipment marketplace in the Middle East and North Africa (MENA) area..... Read more »