Category Archives: Business & Investments

Business & Investments

Utico in green energy push: signs MoU with Yellow Door Energy for solar plant in Umm Al Quwain

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Utico in green energy push: signs MoU with Yellow Door Energy for solar plant in Umm Al Quwain

  • 2.25 MW hybrid system to provide clean power to Utico’s pumping station
  • Deployment to mitigate 82,000 metric tons equivalent CO2e from environment

Ras Al Khaimah/Dubai, UAE, November 20, 2023: The UAE’s only private utility provider, Utico, today announced taking one more significant step in its strategic green initiatives by partnering with leading sustainable energy developer, Yellow Door Energy (YDE), to develop a first-of-its-kind solar plant in Umm Al Quwain in the Northern Emirates.

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Business & Investments

Taiwan Excellence Shines at WETEX 2023, Showcasing Innovative Solutions for Water and Energy Management

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Taiwan Excellence Shines at WETEX 2023, Showcasing Innovative Solutions for Water and Energy Management

Taiwan Excellence, known for its innovative and value-added products, made a significant impact with 10 outstanding Taiwanese companies at the 2023 Water, Energy, Technology, and Environment Exhibition (WETEX) in Dubai, held from November 15 to 17, 2023. The primary goal of Taiwan Excellence’s participation in this event was to contribute to the Middle Eastern water and energy management market by showcasing high-quality Taiwanese products and technologies.

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Business & Investments

The DFSA adopts the UAE principles for the effective management of climate-related financial risks ahead of COP28

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The DFSA adopts the UAE principles for the effective management of climate-related financial risks ahead of COP28

Dubai, UAE, 16 November, 2023: The Dubai Financial Services Authority (DFSA), a founding member of the UAE Sustainable Finance Working Group (SFWG), took a significant step by adopting, alongside other financial regulators of the UAE, the Principles for the effective management of climate-related financial risks (the Principles). This is the Middle East region’s first initiative of this nature. Last Thursday, the DFSA, together with other members of the SFWG, attended an official ceremony hosted by the Central Bank of the UAE to launch the Principles.

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Business & Investments

Hong Kong to host five international trade fairs early next year, seeks UAE companies’ engagement

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Hong Kong to host five international trade fairs early next year, seeks UAE companies’ engagement

HKTDC plans to take the bilateral trade relations between the UAE and Hong Kong to the next level with the global trade fairs to be held in Hong Kong.

Dubai – November 16, 2023: Hong Kong Trade Development Council (HKTDC), the statutory trade body for the promotion and creation of opportunities for Hong Kong’s businesses in the global markets, has announced its plans to host five international trade fairs early next year in Hong Kong. The trade fairs offer ideal platforms for traders and suppliers from the UAE and the region to expand their businesses into new markets.

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Business & Investments

Intermobility Expo 2023: Informa Connect Paves the Way for Sustainable Transportation Solutions

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Intermobility Expo 2023: Informa Connect Paves the Way for Sustainable Transportation Solutions

  • Held at the Dubai World Trade Centre, from the 21st – 23rd of November 2023, the Intermobility Expo will bring together more than 3,000 attendees from more than 90 countries to discuss the roads, rail, and transport sectors.
  • Divided into three days, the power-packed agenda for the Intermobility Expo has a combination of technical seminars, illuminating fireside chats, panel discussions, interactive conferences, and inspiring keynote speeches from industry professionals.
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