DEWA's Innovation Decade Doubled Efficiency And 85% Cost Savings in Solar Energy

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

Forming Future and Nafath Renewable Energy Partner for Solar Thermal Energy Storage Projects

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 »

Posted on : 2/20/2024

Power and Water Production Capacity Is Increased By Dubai's DEWA

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

IAEA DG States That 12% of the World's Electricity Is Produced From Nuclear Energy

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 »

Posted on : 2/19/2024

Global Equipment Trading of the UAE is acquired by heavy machinery platform Plant & Equipment.

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 »

Posted on : 2/19/2024

Dubai Chambers Announces Its Plans To Work in Partnership With Kenyan Business

The Doing Business with Kenya Forum was established by Dubai Chambers International in collaboration with the Kenya National Chamber of Commerce and Industry (KNCCI) to bring together business executives, entrepreneurs, and specialists in international business to discuss the rapidly expanding business opportunities in Kenya and the wider East Africa region..... Read more »

Posted on : 2/14/2024

Rolls-Royce Motor Cars achieves strong sales in Middle East and Africa region

In 2023, Rolls-Royce Motor Cars saw tremendous demand and sales throughout the Middle East and Africa Region, resulting in a 35% year-over-year growth. .... Read more »

Posted on : 2/12/2024

Uganda Partners with UAE's Alpha MBM to Develop a $4 Billion Oil Refinery

Uganda has chosen Alpha MBM Investments, a UAE firm led by a Dubai royal, to build a $4 billion oil refinery. The government and the firm are finalizing the commercial agreements within three months..... Read more »

Posted on : 2/9/2024

Positive News For Global Small Farmers In The COP28 Declaration

Experts in agriculture and climate change say that a proclamation supported by 134 world leaders during the first few days of COP28, the international climate conference taking place in Dubai this month, is excellent news for small farmers around the world..... Read more »

Posted on : 2/8/2024

Rising Paper Packaging Share In The $73.5 Billion MEA Market

The growth of e-commerce and changing consumer preferences for sustainable and eco-friendly products are driving an exponential increase in the share of paper packaging in the Middle East and Africa's estimated $74 billion packaging market..... Read more »

Posted on : 2/8/2024