Monthly Archives: May 2023

Business & Investments

TAQA, ENGIE and EWEC Announce Financial Closing for Mirfa 2 Reverse Osmosis Desalination Plant

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TAQA, ENGIE and EWEC Announce Financial Closing for Mirfa 2 Reverse Osmosis Desalination Plant

AED 2.3 billion (USD $620 million) Mirfa 2 Reverse Osmosis plant (M2 RO) will produce 120 million imperial gallons per day and will be the third largest reverse osmosis plant in the UAE

TAQA Group holds a 60% stake in this low-carbon desalination project alongside ENGIE holding a 40% stake

TAQA and ENGIE to take on the operations and maintenance of the M2 RO plant, with EWEC procuring the water supplied from the plant for 30 years

Abu Dhabi, UAE – 31 May 2023: Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utility companies in the Middle East and North Africa region, alongside ENGIE, a global leader in low-carbon energy solutions, and EWEC (Emirates Water and Electricity Company), a leading company in the integrated coordination of planning, purchasing and supply of water and electricity across the UAE, announced the successful financial closing of the AED 2.3 billion (USD $620 million) low carbon Mirfa 2 Reverse Osmosis (M2 RO) desalination project.

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Business & Investments

Khalifa Port is Ranked the 3rd Most Efficient Container Port Globally

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Khalifa Port is Ranked the 3rd Most Efficient Container Port Globally

Driven by its operational excellence and infrastructure development, the Port’s ranking has leaped from 5th in 2021 to 3rd in the 2022 Container Port Performance Index (CPPI) report

Abu Dhabi, UAE – 31 May 2023: AD Ports Group (ADX: ADPORTS), the leading facilitator of global trade, logistics and industry, announced that its flagship deep-water port, Khalifa Port, has been ranked as the 3rd most efficient container port globally, in the recently published Container Port Performance Index (CPPI) developed by the World Bank and S&P Global Market Intelligence.

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Business & Investments

HONEYWELL SIGNS MOU WITH EGYPTIAN DEVELOPER ROCC FOR ITS PIONEERING SUSTAINABLE COMMUNITY

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HONEYWELL SIGNS MOU WITH EGYPTIAN DEVELOPER ROCC FOR ITS PIONEERING SUSTAINABLE COMMUNITY

CAIRO, Egypt, May 31, 2023 – Honeywell (Nasdaq: HON) and Egyptian developer Redcon for Offices and Commercial Centers (ROCC) have signed a Memorandum of Understanding (MoU) that outlines plans to incorporate advanced smart community and sustainability solutions at Golden Gate, the developer’s pioneering project in New Cairo.

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Sports & Recreations

“It’s exciting for me to do something new,” says Magnus Carlsen on joining Global Chess League

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“It’s exciting for me to do something new,” says Magnus Carlsen on joining Global Chess League

India/US/UK – May 31, 2023: World Rapid Chess champion Magnus Carlsen is looking forward to the “exciting prospect” of the upcoming Global Chess League (GCL) in the UAE. A joint venture between Tech Mahindra and world governing body FIDE, the GCL will feature Carlsen, a former five-time world chess champion, as an icon player.

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Hotels & Hosppitality

4 Award-Winning Citymax Hotels Recognized as Tripadvisor® 2023 Travelers’ Choice® Award Winner

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4 Award-Winning Citymax Hotels Recognized as Tripadvisor® 2023 Travelers’ Choice® Award Winner

Citymax Hotels Great Traveler Reviews Earn Their Place Among Travelers’ Favorites

Dubai, United Arab Emirates – 31.05.2023 – Citymax Hotels today announced that 4 of their centrally located city hotels in Al Barsha, Business Bay and Sharjah have been recognized by Tripadvisor as 2023 Travelers’ Choice Award winners! The coveted award celebrates businesses that have consistently received great traveler reviews on Tripadvisor over the last 12 months, placing these winners among the 10% of all listings on Tripadvisor globally.

Continue reading 4 Award-Winning Citymax Hotels Recognized as Tripadvisor® 2023 Travelers’ Choice® Award Winner →