April 21, 2026
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Tag : renewable energy

Business

ADB unveils fund to speed ASEAN power grid plans

omandailynews.com
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......
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Cyprus president hosts UAE foreign minister in Nicosia

omandailynews.com
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......
Business

Exus Renewables to buy 60% stake in Masdar Portugal wind

omandailynews.com
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,......
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UAE and Indonesia presidents talk trade and cooperation

omandailynews.com
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......
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Sheikh Mohamed and Lula review UAE Brazil cooperation

omandailynews.com
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,......
Business

UAE and Korea strengthen cooperation in energy and advanced industry

omandailynews.com
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......
Business

New WEF platform aims to unlock capital for clean energy in emerging markets

omandailynews.com
The World Economic Forum launched a platform to boost clean energy investment with 100 solutions from 47 countries, aiming to unlock $1.7 trillion in finance for emerging markets....
Business

Egypt partners with global energy companies in $1.8 billion offshore exploration initiative

omandailynews.com
Tarek El Molla, the Minister of Petroleum and Mineral Resources of Egypt, unveiled his country’s ambitious plan to invest $1.8 billion in offshore exploration for new gas wells in the Mediterranean Sea and the Nile Delta. Under this program, Egypt aims to collaborate with major international companies, including Eni, Chevron,......
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UAE and Serbia presidents foster bilateral ties and discuss global issues

omandailynews.com
UAE President Sheikh Mohamed bin Zayed Al Nahyan met with Serbian President Aleksandar Vucic in a productive diplomatic visit to Serbia on June 15, 2023. The leaders’ discourse revolved around strengthening ties between the two nations, bolstering current collaborations, and tackling pivotal regional and global issues. Sheikh Mohamed and President......
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Masdar sets its sights on being one of the largest producers of green hydrogen by 2030

omandailynews.com
Abu Dhabi-based company, Masdar, is making impressive strides towards becoming one of the world’s largest renewable energy companies by 2030. The company recently announced that it has nearly doubled its clean energy capacity and CO2 displacement in just two years. Masdar’s Sustainability Report for 2022 reveals that it achieved a......