The Emirati “Al Seer Marine” raises its subscription in “ADNOC Logistics” to 367 million dirhams
Abu Dhabi – Mubasher: Al-Seer Marine Equipment and Supplies Company announced an increase in the subscription in ADNOC Logistics and Services Company, by an additional amount of 110 million dirhams, to 367.25 million dirhams, according to a disclosure to the Abu Dhabi Securities Exchange. She explained that this comes in addition to the press release […]
“Clean” will acquire 61% of energy investments in 2023
Clean and renewable energy investments are expanding strongly during the current year, reaching a growth rate of 24% in the period from 2021 to 2023, compared to 15% for fossil fuels – coal, gas and oil – during the same period, according to a report by the International Energy Agency issued today, Thursday. The report […]
Consortium led by Sparkassen-Versicherung awarded contract for partial sale of Transnet BW
The transmission system operator Transnet BW is to be sold in part to finance the expansion of the grid. Photo: dpa/Marijan Murat A broad consortium around Sparkassen-Versicherung is awarded the contract for the transmission system operator Transnet BW. The political debate is not yet over. Share this article The partial sale of Transnet BW is […]
UAE banks buy 112 billion dirhams of reserved bonds within a year
Abu Dhabi – Mubasher: UAE banks’ investments in bonds held to maturity increased within a year, to reach 223.9 billion dirhams at the end of February 2023, an increase of 111.7 billion dirhams, compared to 112.2 billion dirhams at the end of February 2022.. Data from the UAE Central Bank indicated that traditional banks were […]
Sources: Emirati companies are close to buying shares in the Egyptian “Wataniya” and “Safi”.
Informed sources revealed that Emirati companies are close to buying shares of no less than 20% to 25% of the National Company for the Sale and Distribution of Petroleum Products “Watania” and the National Company for Natural Water Bottling “Safi”. A source familiar with the corporate privatization file in Egypt told Al Sharq that the […]
3 Gulf stock exchanges fall due to oil within a week.. and Egypt records the largest loss in two months
Mubasher – Mahmoud Jamal: The decline dominated 3 Gulf stock exchanges during the week’s trading; Coinciding with the end of the companies’ quarterly business results season and affected by the decline in oil prices, while the main index of the Egyptian Stock Exchange fell, recording the largest weekly loss in two months, amid investors’ evaluation […]
“The First Solar Roof Cycle Path in Europe: Paving the Way for Urban Renewable Energy Generation”
Solar panels can ensure a greener future not only on industrial sites or private roofs – electricity generation with renewable energy sources is also possible in public spaces. The first solar roof cycle path in Europe bears witness to this. The pilot project was opened in Freiburg im Breisgau, Baden-Württemberg, at the end of April […]
“Unleash Future Boats: German Finalist for Fundación MAPFRE Social Innovation Awards”
10.05.2023 – 07:00 Verti Insurance Ltd Berlin (ots) May 24, 2023 is “Unleash Future Boats” in Madrid at the grand final of the sixth Fundación MAPFRE Social Innovation Awards to guest. There the DeepTech start-up presents as first German finalist in the history of international competition, his vision of emission-free, autonomous shipping. With its conversion […]
The Netherlands has (finally) achieved the wind energy target from the climate agreement | Economy
08 mei 2023 om 13:30Update: 8 uur geleden At the end of 2022, there were more than 6 gigawatts of onshore wind turbines in the Netherlands, according to the new Onshore Wind Monitor of the Netherlands Enterprise Agency. The target of the 2013 energy agreement was finally achieved. According to the agreements in the energy […]
8.2 billion dirhams, the revenues of “E&” and “Du” from telephone services in the UAE in the first quarter
Abu Dhabi – Mubasher: “Etisalat from&e And du, total revenues exceeded 8.2 billion dirhams from mobile and fixed telecommunications services in the UAE during the first quarter of this year. The quarterly financial results of the two companies indicated the achievement of competitive operating rates of returns in local services based on the movement of […]