ADB unveils fund to speed ASEAN power grid plans
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...
Tag : renewable energy
Cyprus president hosts UAE foreign minister in Nicosia
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,...
Exus Renewables to buy 60% stake in Masdar Portugal wind
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...
UAE and Indonesia presidents talk trade and cooperation
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan met Indonesian President Prabowo Subianto in Abu Dhabi on Feb. 26, 2026, and the two leaders discussed...
Sheikh Mohamed and Lula review UAE Brazil cooperation
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan met Brazilian President Luiz Inacio Lula da Silva in Abu Dhabi on Tuesday, Feb. 24, to discuss...
UAE and Korea strengthen cooperation in energy and advanced industry
SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea have reaffirmed their commitment to strengthening cooperation in energy, industry, and advanced technology...
Power capacity from renewables sees record-breaking global growth in 2024
Global renewable capacity surged to 4,448 GW in 2024, with solar and wind leading 96.6% of additions, says IRENA....
Electricity consumption drives global energy demand surge in 2024
Global energy demand growth 2024 jumped to 2.2%, led by soaring electricity use and record renewable energy deployment....
UAE establishes Ministry of Investment and unveils energy strategies
The UAE Cabinet, led by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has made...
Egypt partners with global energy companies in $1.8 billion offshore exploration initiative
Tarek El Molla, the Minister of Petroleum and Mineral Resources of Egypt, unveiled his country’s ambitious plan to invest $1.8 billion in offshore exploration for...