Masdar, one of the world’s leading renewable energy companies, has signed an agreement with the Georgian Energy Development Fund (GEDF) to develop a solar photovoltaic (PV) power project in the country, with a capacity of as much as 100 megawatts (MW). The project, which will be jointly developed with the GEDF, will be Georgia’s largest solar power plant.The joint development agreement (JDA) was signed in the presence of Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Natela Turnava, Minister of Economy and Sustainable Development for Georgia, in a ceremony yesterday at the Leadership Pavilion at…
Author: menewscast.com
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received on Monday Mohammed bin Sulayem, Secretary General of the National Olympic Committee, who was recently elected President of the International Automobile Federation (FIA).His Highness Sheikh Mohamed congratulated bin Sulayem on his election to the world motoring’s top job, saying that it is a new achievement to the UAE. He wished him success in representing the UAE in the best possible manner, reflecting its bright image worldwide, and adding a great value to this popular sport.”The UAE leadership…
The UAE will participate in the Vibrant Gujarat Global Summit 2022 as a “Partner Country,” the organisers of the Summit have announced. This will be the third time that the UAE will be participating in the Summit as a Partner Country. The biennial gathering brings together captains of global business, thought leaders and policy-makers to explore business opportunities in the state located in western India.”India and UAE share a close friendship and this partnership for Vibrant Gujarat Global Summit 2022 will boost bilateral relations,” said the announcement made in Gandhinagar, capital of one of India’s most business-friendly states. The idea…
Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company (TAQA) announced a $3.6 billion (AED13.22 billion) strategic project to significantly decarbonise ADNOC’s offshore production operations, further strengthening their position in driving and leading sustainability efforts and supporting the UAE Net-Zero by 2050 Strategic Initiative.The innovative project will see the development and operation of a first-of-its-kind high-voltage, direct current (HVDC-VSC) subsea transmission system in the Middle East and North Africa (MENA) region. It will power ADNOC’s offshore production operations with cleaner and more efficient energy, delivered through the Abu Dhabi onshore power grid, owned and operated by TAQA’s…
ENOC Group, the Official Integrated Energy Partner of Expo 2020 Dubai, and the exclusive host of the Middle East’s first LPG Week, together with Emirates Gas, a subsidiary of ENOC Group and a leading player in the UAE’s gas industry concluded the very first edition of the World LPG Association’s (WLPGA) flagship event, LPG Week 2021, including the 33rd edition of the World LPG Forum. The five-day event saw over 450 exhibitors and almost 2,000 participants from all over the world.The hybrid event took place under the patronage of H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil…
Andy Murray and Andrey Rublev capped a memorable Mubadala World Tennis Championship return with a stunning final for fans inside the International Tennis Centre, at Zayed Sport City, which saw world No.5 Rublev emerge victorious to secure a first MWTC title in Abu Dhabi. Three days of high-quality tennis and entertainment attracted thousands of spectators eager to experience the festival atmosphere of the Mubadala World Tennis Championship once again.After an enthralling weekend on and off the court, Murray and Rublev delivered a fitting finale to the 13th Arabian Gulf’s leading professional tennis experience. Following Ons Jabeur’s moment of history in…
Billionaire Arab business tycoon Majid Al Futtaim passed away on 17 December in Dubai. His death was announced by the company he founded in 1992 and which bears his name Majid Al Futtaim Group. The company he founded operates in 13 countries across the Middle East and North Africa, and has three main subsidiaries: Majid Al Futtaim Retail, Majid Al Futtaim Ventures, and Majid Al Futtaim Properties. He founded Majid Al Futtaim Holding in 1992. It expanded across the Mideast with malls and other ventures. It also runs over 375 Carrefour supermarkets and hypermarkets across Africa, Asia and the Middle…
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister, Chairman of the Board of Directors of the Public Investment Fund and Chairman of the Board of Directors of Jeddah Central Development Company, has launched the master plan and main features of the Jeddah Central Project (previously known as New Jeddah Downtown). The ambitious SAR75 billion project will develop 5.7 million square meters of land overlooking the Red Sea to be financed by the Public Investment Fund and from local and international investors, according to the Saudi Press Agency. The launch of the master…
Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, and Commissioner General of Expo 2020 Dubai, attended today the Republic of Iraq’s celebration of its National Day and the centenary of the Iraqi state. The ceremony was attended by a high level Iraqi delegation, headed by Dr. Ali Allawi, Deputy Prime Minister and Minister of Finance, Saleh Al Tamimi, Under-secretary of the Iraqi Ministry of Foreign Affairs and Mudaffar Mustafa Al Jubouri, Iraqi Ambassador to the UAE among others. The Iraqi National Folklore Group, which was established in 1971, performed a show of traditional Iraqi arts.Sheikh Nahyan welcomed…
ADNOC Drilling Company PJSC announced that it has signed a five-year Drilling Services Agreement with ADNOC Onshore for the continued provision of drilling, work-over and other well services. The contract will run for up to 5 years, for a total value of US$3.8 billion.Structured to drive efficiency in work crews, rig move time and maintenance scheduling, the contract benefits both ADNOC Drilling and ADNOC Onshore. It underpins ADNOC Drilling’s unique position as sole drilling services provider to ADNOC and will advance ADNOC Drilling’s ambitious growth and expansion plans.Abdulrahman Abdullah Al Seiari, Chief Executive Officer of ADNOC Drilling, said, “ADNOC Onshore…