Stories from Abu Dhabi, UAE
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Masdar, the Abu Dhabi Future Energy Company
Masdar Partners with Endesa in €1.7 Billion Renewable Energy Transaction in Spain
Abu Dhabi, Uae and Madrid (ots/PRNewswire) - - The transaction would see Masdar become a partner for 2.5 gigawatts (GW) of renewable energy assets in Spain, subject to regulatory approvals and other conditions - Masdar will invest €817m to acquire a 49.99% stake in 2GW of solar energy plants, with a potential BESS hybridization for up to 0.5 GW - Masdar has also ...
moreFAB achieves record 2023 with USD 4.5 billion net profit, proposes 50% payout - USD 2.1bn cash dividend
Abu Dhabi, Uae (ots/PRNewswire) - First Abu Dhabi Bank (FAB) delivered record full year 2023 and fourth quarter results, consolidating a three-year journey of disciplined acceleration in business momentum, demonstrating remarkable growth and profitability as a MENA banking powerhouse. FAB's Board proposed a total ...
moreStryber Corporate Venturing Report MENA: Corporate venture capital, mergers and acquisitions, and corporate venture building are picking up speed as governments and private companies in MENA support the startup ecosystem
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