INSEAD Day 4 - 728x90

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

Schneider Electric, Charge&Go ink pact

The demand for electric vehicles in the UAE is projected to witness a compound annual growth rate of 30 percent until 2028. (WAM)
  • Demand for electric vehicles in the UAE market has steadily increased over the past few years.
  • The collaboration also aims to deliver on the demand for sustainable transportation in the UAE.

DUBAI, UAE – Schneider Electric, an energy management and automation company, has signed an agreement with Charge&Go to drive the development of electric vehicle (EV) charging infrastructure in the UAE.

The collaboration aims to deliver on an increasing demand for sustainable transportation in the UAE and will cover the deployment of EV charging solutions.

Schneider Electric and e& ‘s joint efforts will enable the development of a capable charging network to promote widespread EV adoption in the country. The collaboration also includes installing EV charging solutions at Etisalat Academy by e.

CEO of Etisalat Services Holding Muammar Al Rukhaimi said, “By uniting with Schneider Electric, we amplify our commitment to drive positive transformation in the UAE’s electric vehicle infrastructure.”

He said, “This collaboration is a testament to our joint efforts in delivering accessible and sustainable charging solutions that contribute to the evolving eMobility landscape.”

Schneider Electric Commercial Vice President for UAE and Oman Ahmed Fateen said, “Our collaboration with e highlights our efforts toward advancing the landscape of sustainable transportation in the UAE.”

He said, “The installation of our EV charging solution at the Etisalat Training Academy highlights our mutual dedication to creating a robust charging network, propelling the widespread adoption of electric vehicles in the country.”

Demand for electric vehicles in the UAE market has steadily increased over the past few years and is projected to witness a compound annual growth rate (CAGR) of 30 percent until 2028, according to recent study issued by the International Trade Administration.