INSEAD Day 4 - 728x90

clean

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.
  • Dubai, UAE -- A total of 47 international companies have shown interest in developing the seventh phase of the Mohammed bin Rashid Al Maktoum Solar Park, which is based on the independent power producer (IPP) model, said Saeed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA). Al...
  • IEA urges oil firms to pour half their investments into clean energy by 2030

    Paris, France--The International Energy Agency on Thursday called on oil and gas companies to devote half of their investments to clean energy by 2030, urging them to face a "moment of truth" at next week's COP28, the largest UN climate change conference ever held. The IEA urged producers to make the...
  • In Asia expansion push, Masdar to develop 2GW clean energy in Malaysia

    Abu Dhabi, UAE--Abu Dhabi Future Energy Company (Masdar) and Citaglobal Berhad have signed a memorandum of understanding (MoU) for developing renewable energy projects across solar, battery energy storage system (BESS), wind and other renewable energy technologies. The MoU was signed in Malaysia by Abdulla Zayed, Masdar’s Head of Development and...
  • Saudi Arabia, Japan issue joint statement on Lighthouse Initiative for Clean Energy Cooperation

    RIYADH, SAUDI ARABIA – Saudi Arabia and Japan issued a joint statement on Lighthouse Initiative for Clean Energy Cooperation. The statement is as follows: On July 16, in Jeddah, Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, and Kishida Fumio,...
  • UAE and US form expert group to govern clean energy partnership

    The formation of the bilateral body to govern the Partnership for Accelerating Clean Energy (PACE) will be composed of private sector and government representatives from both countries. Its goal is to catalyze $100 billion in financing, investment and other support and deploy 100 gigawatts of clean energy by 2035.
  • Clean energy reaches 14 percent of Dubai’s total power production

    DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA) has announced that the production capacity of clean energy has reached 2,027 megawatts (MW) which is about 14 percent of Dubai’s total power production capacity of 14,517 MW. Saeed Mohammed Al Tayer made the announcement during his...
  • DEWA 9th Sustainability Report showcases its progress in sustainable development

    DUBAI, UAE - The ninth Sustainability Report 2021 issued by Dubai Electricity and Water Authority (DEWA) highlights its efforts and achievements in supporting sustainable development in all its economic, social and environmental aspects. It introduces partners, relevant entities and all stakeholders to its performance and practices in sustainability. The report...
  • Multiply Group buys 80% of IEH

    Firm aims to expand its utilities, energy investments.
  • Large turnout of visitors at WETEX, Dubai Solar Show

    The Water, Energy, Technology and Environment Exhibition (WETEX) and Dubai Solar Show (DSS) saw a large turnout of visitors in its 24th edition.
  • ‘More efforts needed for net zero carbon emissions by 2050’

    More efforts are required to make the world reach net zero emissions by mid-century, according to the International Energy Agency's (IEA) latest appraisal of global progress on clean energy technologies.
  • Dubai emerges as a driving force for a green economy

    Dubai is consolidating its position as a pioneer in transitioning to a green economy to support the efforts of the UAE and the rest of the world in fighting the consequences of climate change.
  • ‘Barakah Nuclear Power Plant promotes clean, safe energy’

    UAE Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei said that the start-up of Unit 3 of Barakah Nuclear Energy Plant contributes to achieving one of the most important objectives of the country's vision and strategy for the energy sector.
  • DEWA, Desolenator ink pact

    Dutch firm will provide water desalination technology
  • DEWA CEO briefs Utah House of Representatives delegation

    MD & CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer met a delegation from the Unified Economic Opportunity Commission of the Utah House of Representatives, USA.
  • World Green Economy Summit 2022 theme revealed

    Dubai Electricity and Water Authority (DEWA) and the World Green Economy Organization (WGEO) announced that the theme of the 8th World Green Economy Summit (WGES) is "Climate Action Leadership through Collaboration: The Roadmap to Net-zero."
  • DEWA organizes virtual seminar, 90 Turkish firms participate

    Dubai Electricity and Water Authority (DEWA) has organized a virtual seminar with 90 leading Turkish companies in the energy and water sectors.
  • Masdar and Kyrgyzstan to explore renewable energy projects

    Masdar, one of the world’s leading renewable energy companies, has signed an agreement with Kyrgyzstan to explore the development of renewable energy opportunities in the Central Asian nation and support Kyrgyzstan’s clean-energy objectives. Bekmurzaev Doskul Djumagulovich, Minister of Energy of the Kyrgyz Republic and Abdulla Zayed, Head of Development and...
  • Unit 2 of Barakh Nuclear Energy Plant starts operations

    The Emirates Nuclear Energy Corporation (ENEC) announced today the start of commercial operations of Unit 2 at the Barakah Nuclear Energy Plant. Unit 2 adds 1,400 megawatts of zero-carbon emission electricity to the national grid, bringing the total produced by Units 1 and 2 to 2,800 megawatts and further securing...
  • Masdar, Mitrabara announce JV

    The venture targets commercial and industrial segment.
  • World’s clean energy transition ‘too slow’: IEA

    Not enough investment is being pumped into meeting future energy needs and the uncertainties are setting the stage for a volatile period ahead, says IEA chief Fatih Birol.
  • Iraq to rid its power woes with solar energy

    Iraq has signed a deal with China to build a set of solar power plants that would produce 2,000 MW of clean, renewable energy for the power-starved, oil-rich country.
  • GE to develop Iraq’s power infrastructure, promote clean energy

    GE will help Iraq develop power infrastructure It will also promote clean energy in the country General Electric (GE) will help Iraq develop power infrastructure and promote clean energy in the country. The plan includes several key pillars that support the government’s goals to enhance Iraq’s power infrastructure, as well...
  • Egypt to have electric cars on its roads by next year

    Thirteen imported electric vehicles will be tested on Egyptian streets from next month The plan is in line with the global trend to have more less-polluting electric cars Taking a cue from the global trend towards manufacturing electric cars in bulk, Egypt will begin testing electric cars on the country’s...