PARIS: Global coal demand is set to remain broadly unchanged in both 2024 and 2025 as surging electricity demand in some major economies offsets the impacts of a gradual recovery in hydropower and the rapid expansion of solar and wind, according to th…
DUBAI: Dubai Electricity and Water Authority (DEWA) has renewed the BS 13500:2013 certification in Effective Governance Management Systems for the 8th consecutive year, following a comprehensive audit by the British Standards Institute (BSI).
This co…
DUBAI: The Dubai Multi Commodities Centre (DMCC) has announced 9 percent growth in its intake of companies from China in the first half of 2024, taking the total number of Chinese members in its free zone to 900.
The announcement came as DMCC conclud…
DUBAI: Commercial Bank of Dubai (CBD) today reported its financial results for the first six months of 2024 (H1 2024), delivering a net profit (after tax) of AED1.452 billion, up 30.2 percent year-on-year (YoY) on a pre-tax basis compared to the corre…
Doha: United Development Company (UDC) (a Qatari public shareholding company) has announced net profits amounting to QR 150 million for the first half of 2024, ending on June 30, compared to QR189 million for the same period of 2023.
The UDC said in …
ABU DHABI: Emirates Water and Electricity Company (EWEC) today issued a Request for Proposals (RFP) for the development of the Taweelah C Independent Power Producer (IPP) project, a new carbon-capture-ready Combined Cycle Gas Turbine (CCGT) plant loca…
ABU DHABI: The Ministry of Finance (MoF) has released its 2023 yearbook, titled “Leadership in Development and Global Partnerships for Sustainable Finance”, highlighting its key achievements, financial statements, national initiatives, and projects ac…
ABU DHABI: The Securities and Commodities Authority (SCA) has issued a decision regulating special purpose vehicles (SPVs) to enhance the regulatory framework of the securities sector in the UAE and boost the country’s standing as a leading global hub…