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Masdar signs pact with Qatari power firms
ABU DHABI: Abu Dhabi’s renewable energy company (Masdar) has signed a cooperation agreement with Qatar Electricity and Water Company (QEWC) and Nebras Power, at Abu Dhabi Sustainability Week, to develop renewable and sustainable energy projects. In the presence of Dr. Sultan Al Jaber, Minister of State, the agreement was signed by Fahd Bin Hamad Al Mohannadi, General Manager and Managing Director of QEWC,
 
 
Sharjah makes strong impact during Gujarat Summit
SHARJAH: The emirate of Sharjah, one of the prime industrial destinations in the Middle East and North Africa has made a striking impact at India’s Vibrant Gujarat Global Summit 2017, one of the nation’s most important business forums. As home to the region’s largest industrial areas, the Sharjah FDI Office (Invest in Sharjah), the promotional arm of the Sharjah Investment and Development Authority (Shurooq), occupied a significant
   
Dewa, French company to exchange expertise
ABU DHABI: Dubai Electricity and Water Authority (Dewa) has signed a Memorandum of Understanding (MoU) with the French electricity company (Électricité de France) to enhance further cooperation and facilitate exchanging of expertise in areas of mutual interest. The MoU with Électricité de France (EDF) supports DEWA’s efforts to build strategic partnerships that employ regional and international capabilities to drive sustainable
 
 
Investors cautiously optimistic, says FGB WSI
ABU DHABI: First Gulf Bank (FGB) has announced the first score of its Wealth Sentiment Index (WSI), which stands at 1017.41 for January 2017. The index score indicates cautious optimism amongst UAE investors, with crude oil prices firming up and the UAE tourism sector remaining healthy with increasing room occupancy, alongside an increase in the Purchasing Managers’ Index (PMI). The score was announced during a ceremony
   
Sharjah government adopts ‘Zajel’ communications
SHARJAH: As part of its ongoing drive to establish and integrate the latest holistic technology, Sharjah Government is entering a new era of interconnectivity with the adoption of ‘Zajel’ communications. In a detailed presentation of the new service to a number of government representatives, Sharjah Department of eGovernment (DeG) introduced government representatives to the benefits of the new technology, including digitising
 
 
Adnoc to improve energy efficiency by 10%
ABU DHABI: The Abu Dhabi National Oil Company (Adnoc) said on Tuesday it would implement a host of measures to increase energy efficiency by 10 per cent by 2020. The energy efficiency strategy will reduce Adnoc’s gas consumption by 156 million cu. ft a day, thus saving a total of $1 billion by that time. The initiatives to enhance energy efficiency have already cut CO2 emissions by 3.1 million tonnes, the equivalent of
   
Dubai vibrant market for global firms
DUBAI: Dubai is a vibrant market where foreign and local companies make their place without pushing their competitors out as new projects are coming up and new global companies are setting up their base here to launch their latest and innovative products. So, there is always enough room for old and new players in the Dubai market unlike Europe where companies have to put a lot of efforts to make room for their products. This was
 
 
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