Daily Archives: December 2, 2023

Business & Investments

On the eve of COP28 and with a joint investment of over 2.5 million AED

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On the eve of COP28 and with a joint investment of over 2.5 million AED

Tetra Pak and United Paper Mills announce next step in landmark agreement to revolutionise used beverage cartons recycling in the UAE

Dubai, UAE, 1 December 2023: Tetra Pak and Union Paper Mills (UPM) have entered the next stage of their partnership, marked by the signing of a ground-breaking AED 2,500,000 recycling agreement aimed at establishing a commercially viable collection and recycling value chain for used beverage cartons (UBC) in the UAE. A memorandum of understanding was signed in November last year and has paved the way for significant progress in identifying the technical and investment needs for the recycling of UBC in the UAE. Since the signing of the MoU, Tetra Pak and UPM have engaged in extensive collaboration, including technical assessments, recycling expert visits from abroad, numerous meetings, and industrial trials with carton packages collected from local dairy producers.

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Business & Investments

UAE President and King of Malaysia witness Major Step towards 10GW clean energy projects by Masdar and MIDA

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UAE President and King of Malaysia witness Major Step Forward in development of 10GW clean energy projects by Masdar and MIDA

  • In the presence of UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan and the King of Malaysia, His Majesty Al-Sultan Abdullah Sultan Ahmad Shah, Masdar exchanges implementation roadmap with MIDA to advance 10GW of clean energy projects in Malaysia
  • UAE clean energy champion also signs five agreements unlocking up to 8GW of renewable energy projects in Malaysia
DUBAI, UNITED ARAB EMIRATES – December 1, 2023: HH Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates (2nd R), and HM King Sultan Abdullah Sultan Ahmad Shah of Malaysia (2nd L), witness the exchange of several agreements between the two countries, on the sidelines of COP28 UAE, at EXPO City. ( Ryan Carter / UAE Presidential Court ) —

COP28, Expo City Dubai; December 1, 2023: In the presence of UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Majesty, Al-Sultan Abdullah Sultan Ahmad Shah, King of Malaysia, Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has agreed an implementation roadmap to advance the development of 10GW of clean energy projects in Malaysia.

The implementation roadmap, signed with the Malaysian Investment Development Authority (MIDA) to develop up to 10GW of renewable energy projects, including ground mounted, rooftop and floating solar power plants, onshore wind farms and battery energy storage systems, follows the signing of a memorandum of understanding in October.

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UAE National Day

Emirates NBD Group Marks 52nd UAE National Day

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Emirates NBD Group Marks 52nd UAE National Day with A Captivating Musical Composition, ‘#TheUAESings’, Celebrating the Nation’s Journey and Achievements

Bank creates unique musical piece ‘#TheUAESings’, highlighting the country’s journey and accomplishments

Dubai, 2 December 2023:  On the occasion of the UAE’s 52nd National Day, Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, is paying a tribute to the nation through ‘#TheUAESings’, a unique musical piece with an accompanying video that narrates the country’s journey, achievements and accomplishments, composed by an Emirati production house.

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