Company Insights Masdar Renewable Energy Masdar News Analysis Energy How the UAE and UK can reap multi-billion hydrogen rewards The UK and UAE could create up to 100,000 new jobs each in the hydrogen sector by maximising opportunities for collaboration, which may also include a joint investment vehicle. A report by the World Green Economy Organisation (WGEO) and UAE-based sustainability consultancy Zest Associates concludes the two countries can become “influential players in this emerging […] October 14, 2022 Analysis UAE and Germany grow ever closer with shared net zero goals The first four Mercedes Benz cars arrived in Abu Dhabi in 1965, imported by the Al Fahims, who founded Emirates Motor Company three years earlier. Last year, the UAE imported German automobiles worth nearly $1.2 billion. Also in the mid Sixties, the German company Siebert discovered enough water close to Al Ain to enable the […] September 30, 2022 Energy Masdar and Germany’s RWE eye global offshore wind projects Abu Dhabi Future Energy Company (Masdar) and Germany’s RWE Renewables have signed a memorandum of understanding to explore collaboration on offshore wind projects in several key markets, according to WAM, the UAE state-owned news agency. Masdar and RWE are shareholders in the London Array project, which has been operational since 2012. The wind farm has […] September 27, 2022 Analysis Banking and Finance UK tipped to see record levels of Middle East capital in 2022 Outbound investment from the Middle East to the UK is forecast to rise sharply this year, particularly for deals up to $250 million. Corporate finance specialist Lumina Capital Advisers said the strong dollar, weak sterling and the UK’s uncertain economic outlook made it a “highly attractive destination” for Middle East capital. Sterling tumbled to a […] September 26, 2022 Analysis Biden Middle East UAE reforms seen as magnet for further US investment A series of new economic and social reforms, known as the Projects of the 50, will make the UAE an even more attractive environment for American businesses. According to Danny E Sebright, president of the US-UAE Business Council, the UAE is already widely recognised by American businesses for these strengths. “Another important strength of the […] September 26, 2022 Opinion Energy UAE has taken the lead on net zero as rest of Gulf plays catch-up Even if countries fall short of their net-zero goals, more serious climate action, founded on solid and achievable initiatives, has arrived in the Middle East September 16, 2022 Banking and Finance Abu Dhabi to monetise stake in state energy company TAQA Abu Dhabi-based investment and holding company ADQ has entered into an agreement to monetise an 8.6 percent stake in Abu Dhabi National Energy Company (TAQA) to Multiply Group, Abu Dhabi Pension Fund and other prominent investors, WAM, the UAE state news agency, reported. Abu Dhabi-listed TAQA has significant investments in power and water generation, transmission […] September 14, 2022 Energy UAE companies to acquire stakes in Uzbekistan’s power plants Mubadala Investment Company (Mubadala) and Abu Dhabi National Energy Company (TAQA) have signed agreements to invest in the privatisation of two gas-fired power generation plants in the Talimarjan power complex in Uzbekistan, WAM, the UAE state news agency, reported. The binding agreements will see Mubadala and TAQA each acquire a 40 percent stake in two […] September 11, 2022 Sustainability Masdar achieves financial close on Uzbekistan’s $600m wind farm Abu Dhabi Future Energy Company (Masdar) has achieved financial close on the 500-megawatt (MW) Zarafshan wind project in Uzbekistan, WAM, the UAE state news agency, reported. Uzbekistan aims to derive 25 percent of its energy from renewable sources by 2026, said Uzbekistan’s deputy minister of investments and foreign trade Shukhrat Vafaev. European Bank for Reconstruction […] September 4, 2022 Sustainability Global carbon capture institute opens in Masdar on net zero path As the UAE targets net-zero carbon emissions by 2050, the Global Carbon Capture and Storage (CCS) Institute has announced it will be opening its first Middle East headquarters in Abu Dhabi’s Masdar City. The Global CCS Institute is an international think tank with a stated mission of accelerating the deployment of CCS technology – considered […] September 2, 2022 Posts navigation Previous 1 … 23 24 25 26 Next
Analysis Energy How the UAE and UK can reap multi-billion hydrogen rewards The UK and UAE could create up to 100,000 new jobs each in the hydrogen sector by maximising opportunities for collaboration, which may also include a joint investment vehicle. A report by the World Green Economy Organisation (WGEO) and UAE-based sustainability consultancy Zest Associates concludes the two countries can become “influential players in this emerging […] October 14, 2022
Analysis UAE and Germany grow ever closer with shared net zero goals The first four Mercedes Benz cars arrived in Abu Dhabi in 1965, imported by the Al Fahims, who founded Emirates Motor Company three years earlier. Last year, the UAE imported German automobiles worth nearly $1.2 billion. Also in the mid Sixties, the German company Siebert discovered enough water close to Al Ain to enable the […] September 30, 2022
Energy Masdar and Germany’s RWE eye global offshore wind projects Abu Dhabi Future Energy Company (Masdar) and Germany’s RWE Renewables have signed a memorandum of understanding to explore collaboration on offshore wind projects in several key markets, according to WAM, the UAE state-owned news agency. Masdar and RWE are shareholders in the London Array project, which has been operational since 2012. The wind farm has […] September 27, 2022
Analysis Banking and Finance UK tipped to see record levels of Middle East capital in 2022 Outbound investment from the Middle East to the UK is forecast to rise sharply this year, particularly for deals up to $250 million. Corporate finance specialist Lumina Capital Advisers said the strong dollar, weak sterling and the UK’s uncertain economic outlook made it a “highly attractive destination” for Middle East capital. Sterling tumbled to a […] September 26, 2022
Analysis Biden Middle East UAE reforms seen as magnet for further US investment A series of new economic and social reforms, known as the Projects of the 50, will make the UAE an even more attractive environment for American businesses. According to Danny E Sebright, president of the US-UAE Business Council, the UAE is already widely recognised by American businesses for these strengths. “Another important strength of the […] September 26, 2022
Opinion Energy UAE has taken the lead on net zero as rest of Gulf plays catch-up Even if countries fall short of their net-zero goals, more serious climate action, founded on solid and achievable initiatives, has arrived in the Middle East September 16, 2022
Banking and Finance Abu Dhabi to monetise stake in state energy company TAQA Abu Dhabi-based investment and holding company ADQ has entered into an agreement to monetise an 8.6 percent stake in Abu Dhabi National Energy Company (TAQA) to Multiply Group, Abu Dhabi Pension Fund and other prominent investors, WAM, the UAE state news agency, reported. Abu Dhabi-listed TAQA has significant investments in power and water generation, transmission […] September 14, 2022
Energy UAE companies to acquire stakes in Uzbekistan’s power plants Mubadala Investment Company (Mubadala) and Abu Dhabi National Energy Company (TAQA) have signed agreements to invest in the privatisation of two gas-fired power generation plants in the Talimarjan power complex in Uzbekistan, WAM, the UAE state news agency, reported. The binding agreements will see Mubadala and TAQA each acquire a 40 percent stake in two […] September 11, 2022
Sustainability Masdar achieves financial close on Uzbekistan’s $600m wind farm Abu Dhabi Future Energy Company (Masdar) has achieved financial close on the 500-megawatt (MW) Zarafshan wind project in Uzbekistan, WAM, the UAE state news agency, reported. Uzbekistan aims to derive 25 percent of its energy from renewable sources by 2026, said Uzbekistan’s deputy minister of investments and foreign trade Shukhrat Vafaev. European Bank for Reconstruction […] September 4, 2022
Sustainability Global carbon capture institute opens in Masdar on net zero path As the UAE targets net-zero carbon emissions by 2050, the Global Carbon Capture and Storage (CCS) Institute has announced it will be opening its first Middle East headquarters in Abu Dhabi’s Masdar City. The Global CCS Institute is an international think tank with a stated mission of accelerating the deployment of CCS technology – considered […] September 2, 2022
