Tag : renewable energy

Business

World Bank backs Morocco hydropower storage with $265m

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RABAT, MOROCCO / MENA Newswire / – The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a 300-megawatt clean energy facility planned for the country’s north. The financing backs...
Business

World Bank approves US$700 million loan for Jordan jobs

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AMMAN, JORDAN / MENA Newswire / – The World Bank approved a US$700 million loan for Jordan to support private investment, job creation and economic reforms. The financing falls under the Jordan Growth and Competitiveness...
News

UAE and Austria deepen strategic partnership talks

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UAE President Sheikh Mohamed bin Zayed and Austrian Chancellor Christian Stocker held talks on partnership, trade, energy and security....
Business

Egypt secures $1 billion World Bank reform support

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Egypt gains new World Bank funding to boost private sector jobs, strengthen fiscal stability and support greener growth goals nationwide....
News

UAE president and Greek PM hold Abu Dhabi talks

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UAE President Sheikh Mohamed and Greek Prime Minister Kyriakos Mitsotakis discussed investment, AI and regional security in Abu Dhabi....
News

UAE and Sierra Leone presidents discuss bilateral ties

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UAE Sierra Leone diplomacy returned to Abu Dhabi as both leaders linked trade, investment and sustainability with regional issues again....
Business

UAE and Albania leaders deepen bilateral ties

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UAE President Sheikh Mohamed and Albanian Prime Minister Edi Rama held Abu Dhabi talks on trade, energy, technology and security....
Business

ADB unveils fund to speed ASEAN power grid plans

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MANILA: The Asian Development Bank has launched a new multi-partner trust fund with about $25 million in initial backing to accelerate preparation of cross-border energy and transmission projects in Southeast Asia. The new vehicle, called the...
News

Cyprus president hosts UAE foreign minister in Nicosia

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NICOSIA: Cyprus President Nikos Christodoulides received UAE Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan during a working visit to the Cypriot capital, with Cypriot Foreign Minister Constantinos Kombos attending. The UAE foreign...
Business

Exus Renewables to buy 60% stake in Masdar Portugal wind

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ABU DHABI: Exus Renewables has signed an agreement with Abu Dhabi Future Energy Company PJSC, known as Masdar, to acquire a 60% stake in Masdar’s Portuguese wind portfolio, the companies said. The transaction covers nine onshore wind...