INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

ADDC, Abu Dhabi University join hands for energy innovations

Abu Dhabi Distribution Company, Abu Dhabi University to advance innovation in utility sector.
  • The cooperation aims to promote ties between both entities through training programs and knowledge exchange
  • The agreement was signed at ADU’s main campus by Saeed Al Suwaidi, Managing Director, ADDC, and Professor Waqar Ahmad, Chancellor, ADU

The Abu Dhabi Distribution Company (ADDC), a subsidiary of Abu Dhabi National Energy Company (TAQA Group), has signed a Memorandum of Understanding (MoU) with Abu Dhabi University (ADU) to accelerate technical, societal and environmental solutions in the energy sector through research and development.

The cooperation aims to promote ties between both entities through training programs and knowledge exchange.

The agreement was signed at ADU’s main campus by Saeed Al Suwaidi, Managing Director, ADDC, and Professor Waqar Ahmad, Chancellor, ADU.

“There are many mutual benefits to collaborating with academia, which is why we are so thrilled to enter into this partnership with Abu Dhabi University (ADU),” Al Suwaidi said. “By supporting research and development and special opportunities for young talent, we are moving our industry forward and helping build a brighter future here at home.”

While the Chancellor of ADU said that through this

collaboration, they look forward to creating a framework that will advance environmental research.

“Partnerships like this allow us to provide our students with valuable training and internship opportunities that are critical to preparing them for a competitive job market,” he said.