Top officials during a press conference in Dubai on Sunday.
Dubai Electricity and Water Authority (Dewa) has issued a tender for the 5th phase of the Mohammed bin Rashid Al Maktoum Solar Park for 900 megawatts (MW) of electricity using photovoltaic solar panels, based on the Independent Power Project (IPP) model.
Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), has inaugurated the simulator and training centre at its Jebel Ali Power Plant and Desalination Complex.
A delegation from Abu Dhabi Future Energy Company (Masdar) visited the Dubai Electricity and Water Authority (Dewa) as the meeting between the high-level officials aims to strengthen their strategic partnership on renewable and clean energy. The delegation from Masdar included Mohamed Jameel
Dubai Electricity and Water Authority (Dewa) organised an open meeting with its suppliers from small and medium enterprises (SME), in line with its commitment to strengthen partnerships with its suppliers who contribute to the excellence of its operations.
Dubai non-oil trade continued its growth against the current crisis. Being a hub for gold and diamond trading and making, Dubai made Dhs67.1 billion from gold and diamond air-cargo trade between March and the end of June 2020.
Emirates Islamic, one of the leading Islamic financial institutions in the UAE and rated A+ (stable) by Fitch, has successfully closed the issuance of a $500 million 5-year Sukuk from its $2.5 billion Certificate Issuance Programme.
The UAE’s Ministry of Finance (MoF) and the Ministry of Health and Prevention (MoHAP) recently participated in the virtual Joint Meeting of G20 Finance and Health.
Rolls-Royce shares hit their lowest level since 2004 on Monday after the British aero engine maker confirmed it was considering a rights issue of up to 2.5 billion pounds ($3.23 billion) following months of speculation about its finances.