UAE Unveils December 2024 Fuel Prices
The Fuel Price Committee has announced lowered gasoline prices for December 2024, with reductions between 12 and 13 fils per liter. Meanwhile, diesel prices have seen a slight incr
UAE President Leads ADNOC Board Meeting
President His Highness Sheikh Mohamed bin Zayed Al Nahyan chaired the annual ADNOC Board of Directors meeting at the company’s headquarters. During the meeting, the launch of
DEWA’s hydroelectric facility in Hatta has reached 94.15% completion
Dubai Electricity and Water Authority (DEWA) has reported significant progress on its pumped-storage hydroelectric power plant in Hatta, reaching 94.15% completion. Generator insta
Adnoc to Complete $3.6 Billion Fertiglobe Acquisition
Abu Dhabi National Oil Company (Adnoc) is set to finalize the $3.62 billion acquisition of OCI’s 50% + 1 share stake in Fertiglobe on Monday. Fertiglobe is a leading producer
DEWA Advances Sustainability with Cutting-Edge Solar Technology
To address both current and future sustainability challenges through innovation, Dubai Electricity and Water Authority (DEWA) has integrated cutting-edge technologies from the Four
Empower signs new agreement with Mitsubishi to supply advanced chillers with a total capacity up to 100,000 RT
Empower has entered into a new agreement with Mitsubishi Heavy Industries Thermal Systems to provide advanced chillers with a total capacity of up to 100,000 Refrigeration Tons (RT
UAE’s GDP Expands by 3.4% to Dh430 Billion in Q1 2024
The UAE’s real gross domestic product (GDP) reached Dh430 billion in the first quarter of 2024, marking a 3.4% growth compared to the same period in 2023, as announced by Abdulla
UAE’s Non-Oil Economy Driving National Growth
Abdulaziz Al Nuaimi, Assistant Undersecretary of Economic Affairs at the Ministry of Economy, delivered a keynote address at the UAE Growth and Investment Forum, organized by Gulf
