Dubai: The Ministry of Energy and Infrastructure (MoEI) announced that preliminary information regarding the accidental collision between two ships in the Sea of Oman, approximately 24 nautical miles off the coast of the UAE, indicates that the incide…
Dubai: The Dubai Financial Services Authority (DFSA), in collaboration with other members of the UAE Sustainable Finance Working Group (SFWG), has initiated a public consultation on the draft ‘Principles for Climate Transition Planning’ (the Principle…
Abu Dhabi: The Central Bank of the UAE (CBUAE) has announced its decision to maintain the Base Rate for the Overnight Deposit Facility (ODF) at 4.40 percent. This decision comes in the wake of the US Federal Reserve’s announcement to keep the Interest…
Dubai: Dubai Electricity and Water Authority (DEWA) has issued 51 ‘D33 Industry Friendly Power Certificates’ to 24 companies in Dubai since the launch of the initiative in January 2024. The initiative enables certified industrial customers, agri-tech …