The UAE Central Bank keeps the base rate at 5.4%

Live: The Central Bank of the United Arab Emirates decided to keep the “base rate” on overnight deposit facilities unchanged at 5.40%, starting tomorrow, Thursday, September 21, 2023. This decision comes after the Federal Reserve announced that it would keep the interest rate on reserve balances unchanged at its meeting held today. The Central Bank […]

Cuba to Install 5 Megawatt Photovoltaic Park with Chinese Government Donation

Cuba will build a photovoltaic park in Mayarí, Holguín with generation capacity of 5 megawatts (MW) thanks to a donation from the Government of China that exceeds 114 million dollars and includes 22 of these facilitiesin what the authorities described as “part of the change in the energy matrix in Cuba, which depends 95% on […]

Electricity production still insufficient

The Ministry of Energy and Hydrocarbons, responsible for the design and implementation of energy policy, has published a report on electricity production in the country between 2019-2023. Electricity production in the country is estimated at 497 MW of electricity during this period, of which 265 are currently being produced. In the country, 15% of the […]

Electricity: cuts are back in the capital

Rotating outages are back after a few weeks of calm. The Malagasy water and electricity company (Jirama) has announced a new cutoff plan for this weekend across the entire interconnected network of Antananarivo. Several neighborhoods will be affected and each outage is expected to last two hours. Power cuts will also cause disruptions to water […]

Electricity announces the return of electricity to flood-stricken Derna

Libya News 24 The General Electricity Company announced today, Wednesday, the return of electricity to the city of Derna, after it was interrupted by the flood in the valley. The company published a picture showing the return of electricity to the city of Derna, afflicted by the flood that claimed the lives and loss of […]

Spending on purchasing digital applications in the UAE grew to 1.6 billion dirhams

Abu Dhabi – Mubasher: The volume of spending on purchasing digital applications in the UAE increased during the year 2022, by 25.3 percent on an annual basis. According to a report issued by the UAE Telecommunications and Digital Government Regulatory Authority, the volume of spending on purchasing digital applications during the year 2022 amounted to […]