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HuaweiDUBAI - Emirates Energy Awards activities, in its second year in 2008, were concluded in Dubai, under the sponsorship of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE and Ruler of Dubai, and in the presence of Shaikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, and Chairman of Dubai Airports.
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DUBAI - Dubai Aluminium Company Limited (Dubal) has once again proved its mettle by receiving four accolades in three categories of the Emirates Energy Award 2008 competition.
DUBAI - Emerging markets in the Middle East, Asia and Africa are primed for investment despite the global financial crisis, said Dr Mohan Kaul, Director-General & Chief Executive Officer of Commonwealth Business Council (CBC).
DUBAI - Millennium Private Equity Ltd (MPE), the private equity arm of international investment bank Millennium Finance Corporation (MFC), announced an investment of Dh92 million in Kuwait Energy Company (KEC), one of the largest Middle East-based independent exploration and production companies.
ABU DHABI - The Governor of the UAE Central Bank, Sultan bin Nasser Al Suwaidi, said on Wednesday that the country is not going into recession this year.
DUBAI - The UAE is expected to stage a modest recovery in the second half of this year after a deceleration to 0.5 per cent growth in the first half on the back of positive structural factors including current account surpluses, diversification and infrastructure investment, an analysis by Standard Chartered Bank (SCB) said.
ABU DHABI - At 2 am on Tuesday morning, Dipal Chandra Barua’s phone started ringing. The calls were not about pressing business – his wife calls him a workaholic – but congratulations for the $1.5 million Zayed Future Energy Prize for his 13 year-old Bangladesh-based solar energy company.
ABU DHABI - BP Plc and partners are still conducting engineering and design work for their planned $2 billion hydrogen-fuelled power plant in Abu Dhabi and expect the facility to start in 2013.
ABU DHABI - Masdar, the multi-faceted initiative of Abu Dhabi in sustainable development and the US-based power giant GE have signed an agreement to set up an Ecomagination Centre in Masdar City.
While companies from across the world are at Abu Dhabi’s World Future Energy Summit, many exhibitors are introducing new products to the UAE market. Here is what you can expect in the next few years.