The first of a total of 50 wind turbines has been successfully installed at the 476MW Baltic Eagle offshore wind farm, a joint venture between Abu Dhabi Future Energy Company – Masdar, the UAE's clean energy powerhouse, and Iberdrola, a world-leading clean energy company.
Category: Economy
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UAE, Jordan agree to enhance recognition of seafarers’ certificates of competence
The Ministry of Energy and Infrastructure (MoEI) and Jordan's Ministry of Transport signed a Memorandum of Understanding (MoU) to drive cooperation, capacity building, and knowledge exchange and enhance mutual recognition of seafarers' certificates of competence.
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Hanoi attracts over US$1.1 billion in FDI in four months
Hanoi, the capital of Vietnam, attracted more than US$1.13 billion of foreign direct investment (FDI) in the first four months of this year, with 73 new projects worth over US$1 billion and 47 projects permitted to increase a combined investment capital of US$79 million.
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ADNOC signs third long-term Heads of Agreement for Ruwais LNG project
ADNOC announced today the signing of a 15-year Heads of Agreement (LNG agreement) with EnBW Energie Baden-Württemberg AG (EnBW), one of the largest energy companies in Germany, for the delivery of 0.6 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG).
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ADFD participates in Arab-DAC Dialogue to enhance development cooperation
Abu Dhabi Fund for Development (ADFD) participated in the two-day Arab-DAC Dialogue in Kuwait, a platform dedicated to boosting development finance and cooperation to address evolving global challenges.
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Dubai International Financial Centre hosts 900 Fintech companies
Chief Executive Officer of the Innovation Hub affiliated with the Dubai International Financial Centre (DIFC), said that the Hub hosts around 900 specialised financial technology companies, contributing significantly to the ongoing momentum of both the financial and technological sectors.
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Americana reports $493.5 million in revenue in Q1 2024
Americana Restaurants International today announced its financial results for the three-month period ended 31st March 2024, generating revenues of $493.5 million.
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Tokyo stocks rise in morning
Tokyo stocks rose on Tuesday morning after Wall Street gained overnight, reported Kyodo News.
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flydubai rolls out comprehensive fleet retrofit project
flydubai recorded sustained growth in passenger numbers since the beginning of the year, carrying almost five million passengers between 1st January and 28th April 2024; a 13% increase compared to the same period last year.
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Bloom Holding sells out ‘Olvera’, sixth phase of Bloom Living
Bloom Holding, one of the UAE’s foremost real estate development companies, announced that Olvera, its latest phase of Bloom Living, has sold out in record time. Bloom’s sales centre witnessed huge numbers of customers and investors interested in the townhouses offered within the sixth phase of Bloom Living.