The Arab Petroleum Investments Corporation (APICORP), an energy-focused multilateral development financial institution, and the National Bank of Fujairah (NBF) signed a 5-year US $108 million debt finance facility with Hartree Maritime Partners, LLC (HMP), the shipping affiliate of Hartree Partners, a global energy and commodities firm,which will contribute to boosting maritime sustainability. The facility, in […]

Emirates District Cooling (Emicool) – a subsidiary of Dubai Investments PJSChas announced conducting a weeklong performance review test at its AI enabled Expo 2020 cooling plant and unveiled over achieved performance results autonomously. The performance test has demonstrated reliable demand, load and environmental compliance. The test was conducted by a leading European company to ensure […]

Abu Dhabi Waste Management Center (Tadweer) announced that it treated1,040,631.15 tons of waste collected from Abu Dhabi in the third quarter of 2021. This includes 10,065.15 tons of municipal solid waste, 291,119.53 tons of commercial and industrial waste and 8,902.84tons of used tires. Through its state-of-the-art facilities, Tadweer also treated12,358.2tons of green waste,5,784.58 tons of […]

Schneider Electric has appointed WalidSheta as the company’s President for the Middle East and Africa. WalidSheta, who has been with Schneider Electric for 26 years and whose last role was Cluster President for North East Africa and the Levant, will lead the company’s operations throughout the Middle East and Africa. Beginning from November 1st, Walid’s […]

Khalifa Industrial Zone Abu Dhabi (KIZAD), a subsidiary of AD Ports Group’s Industrial Cities & Free Zone (IC&FZ) cluster, today announced the signing of an agreement with Lepidico Ltd, a global lithium exploration and development company, for establishing the first lithium production facility in the Middle East, utilising a first of its kind designed process. Covering […]