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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

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UAB net profit up by 50% for H1

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Dubai Solar event to focus on research in clean energy

Dubai aims to provide 100% of its total power production capacity from clean energy sources by 2050. (WAM)
  • Prominent experts, specialists and researchers worldwide will highlight the latest developments, technologies and scientific research in solar power.
  • The four-day conference will discuss various scientific research in the solar energy sector to accelerate the transition towards renewable and clean energy.

DUBAI, UAE– Dubai Electricity and Water Authority (DEWA) said the MENA Solar Conference (MENA-SC) which it organizes from November 15-18 2023, will discuss six innovative research areas.

Prominent experts, specialists and researchers worldwide will highlight the latest developments, technologies and scientific research in solar power, local media reports said.

The four-day conference at the Dubai World Trade Center, will discuss various scientific research in the solar energy sector to accelerate the transition towards renewable and clean energy.

Saeed Mohammed Al Tayer, MD & CEO of DEWA, said that organizing the first MENA-SC during the Year of Sustainability in the UAE, during which the country is hosting the COP28 by the United Nations Framework Convention on Climate Change (UNFCCC), is part of DEWA’s efforts to consolidate Dubai’s global position in renewable and clean energy.

It also creates additional momentum for the renewable and clean energy sector in the MENA region, supporting DEWA’s efforts in innovation, research, and development in this sector.

This is in line with the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050 to provide 100% of Dubai’s total power production capacity from clean energy sources by 2050.

Waleed Bin Salman, Executive Vice President of Business Development and Excellence at DEWA, explained that the MENA-SC is the first scientific and technical conference of its kind in the region that specializes in photovoltaic systems.