Dubai Mercantile Exchange (DME) announced today that Bank of China - Singapore Branch - has been approved to issue Letters of Credit (LCs) for trading on DME directly from Singapore. The approval reflects DME and Bank of China’s joint commitment to facilitate the trading activities of their...
Emirates Central Cooling Systems Corporation (Empower) has launched an emirate-wide summer campaign to reducedistrict cooling (DC) consumption and boost transparency levels in its billing methodology, as part of effective communication with its rapidly growing customer base.
The...
Russia has extended the international cooperation in scientific research and development on nuclear energy systems of the fourth generation specified with advantaged features in terms of economy and security. The corresponding agreement was signed between the Government of the Russian Federation...
Richly endowed in solar energy and supported by innovative research and infrastructure development plans, the GCC region has witnessed rapid growth in renewable energy generation and consumption. Qatar is leading the region by deploying new renewable energy initiatives and has become a major...
Greenstone Equity Partners, one of the largest independent fund placement firms in the Middle East, announced its collaboration with TIMU Energy Holdings, a Mauritius-based investment company, to raise capital from GCC investors for the development of clean energy projects in...
With oil prices slowly recovering from the dramatic fall last summer which forced global organisations to put multi-million dollar projects on ice, ACCA (the Association of Chartered Certified Accountants) has detailed the key areas in which chief financial officers (CFOs) working in the sector can ...
Solar Impulse 2, the revolutionary solar-powered aircraft able to fly day and night without a drop of fuel, arrived in Honolulu, Hawaii on Friday at 19:57 UAE time after crossing the Pacific Ocean. The 118 hour 8,261km flight from Nagoya, Japan to Honolulu made history, as it was a feat that had...
Former U.S. Vice President Al Gore has used the 2015 Lifetime Achievement Award, bestowed on him by the Zayed Future Energy Prize in January, to provide critical funding to the COP21 climate action campaign, run by the Climate Reality Project. Gore established the Climate Reality Project, in 2006,...
International forum reinforces UAE’s commitment to sustainable developmentAbu Dhabi, UAE. HH Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, continues his royal patronage of the second Eye on Earth Summit, to be held in Abu Dhabi from 6-8 October 2015. The Summit will be the world’s...
Three Emirati Graduate Students Expect to Gain Skills and Knowledge Central to the Development of their Innovative Integrated Circuits Three UAE National graduate students from the Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on...