The UAE’s development drive will continue without waiting for “perfect conditions,” with the government moving ahead with major projects, economic initiatives and reforms, Vice President and Prime Minister HH Sheikh Mohammed bin Rashid Al Maktoum said on Wednesday.
The UAE’s battery energy storage market is projected to reach $3.25 billion by 2030, growing at a 41.2 per cent CAGR from 2025, according to Trinasolar, underscoring the country’s position as one of the region’s fastest-growing storage markets.
UAE-based B2B cargo carrier SolitAir has expanded its African network with the launch of new services to Port Harcourt, Nigeria, and Hargeisa, Somaliland.
The UAE has raised its target for clean energy, including nuclear and renewable power, to 35 per cent of its energy mix by 2030-31, Minister of Energy and Infrastructure Suhail Al Mazrouei said.
Flow, a global operator of branded residential real estate, has announced its expansion into the UAE after it was issued a Commercial Licence by the Dubai International Financial Centre (DIFC).
dnata Travel has opened its 15th retail store in the UAE at One Central, Dubai, unveiling a premium concept designed around the changing needs of modern travellers.
Nigeria is in talks with the UAE on proposals to increase its electricity generation capacity by 5,000MW with solar power among the key areas of co-operation, said a report. The two countries also explored co-operation in solar energy, financing and technical expertise.
Turkish construction company Kalyon Inşaat has announced that its consortium has begun work on the Abu Dhabi section of the UAE's first high-speed railway network, a part of Etihad Rail's $13 billion plan to develop a passenger railway network spanning 900km across the emirates.
The UAE joined the trade ministers from the BRICS group as they met in India to discuss ways to strengthen the multilateral trading system, improving trade resilience and market connectivity, as well as supporting SMEs amid growing challenges to global commerce owing to Strait of Hormuz shutdown.
Employees in the UAE’s federal government and private sector will observe the Prophet’s Birthday holiday on Friday, August 28, creating the prospect of a three-day break for those who have Saturday and Sunday as their regular weekend.
