MANILA: The Asian Development Bank has launched a new multi-partner trust fund with about $25 million in initial backing to accelerate preparation of cross-border energy and transmission projects in Southeast Asia. The new vehicle, called the Regional Connectivity Fund for Energy in Southeast Asia, is aimed at advancing the ASEAN Power......
NICOSIA: Cyprus President Nikos Christodoulides received UAE Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan during a working visit to the Cypriot capital, with Cypriot Foreign Minister Constantinos Kombos attending. The UAE foreign minister conveyed greetings from UAE President Sheikh Mohamed bin Zayed Al Nahyan and wishes of......
ABU DHABI: Exus Renewables has signed an agreement with Abu Dhabi Future Energy Company PJSC, known as Masdar, to acquire a 60% stake in Masdar’s Portuguese wind portfolio, the companies said. The transaction covers nine onshore wind farms in northern and central Portugal. Masdar will retain a 40% stake in the assets,......
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan met Indonesian President Prabowo Subianto in Abu Dhabi on Feb. 26, 2026, and the two leaders discussed steps to strengthen bilateral ties during Prabowo’s working visit to the United Arab Emirates. The meeting took place at Qasr Al Bahr and focused on......
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan met Brazilian President Luiz Inacio Lula da Silva in Abu Dhabi on Tuesday, Feb. 24, to discuss bilateral cooperation within the framework of the two countries’ strategic partnership. The leaders reviewed ties across multiple areas and reaffirmed their commitment to advancing relations,......
SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea have reaffirmed their commitment to strengthening cooperation in energy, industry, and advanced technology during an official visit by Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO. The visit included......
Germany's renewables hit 57% of electricity use in 2025 as solar climbs and wind drops, with fossil fuels under 40% and major policy shifts underway....