Author: UPPERNEWS TEAM (UPPERNEWS TEAM)

ACWA Power Acquires $693 Million Worth of Assets in Kuwait and Bahrain
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ACWA Power Acquires $693 Million Worth of Assets in Kuwait and Bahrain

Saudi Arabia’s integrated utility company, ACWA Power, has signed a share purchase agreement (SPA) with the regional subsidiary of French utility developer ENGIE to acquire assets valued at $693 million. This acquisition marks ACWA Power’s entry into the Kuwaiti market. The deal includes significant operating capacities, comprising 4.61 gigawatts (GW) of gas-fired power generation and...

Dubai International Boat Show 2025 Kicks Off
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Dubai International Boat Show 2025 Kicks Off

The Dubai International Boat Show 2025 has officially opened today, marking its 31st edition. The event is taking place at Dubai Harbour and will run until February 23. This year’s exhibition showcases a variety of boats and marine-related products, attracting industry professionals and enthusiasts alike. The event is expected to feature numerous exhibitors, highlighting the...

UAE Initiates Mapping of Advanced Air Mobility Corridor
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UAE Initiates Mapping of Advanced Air Mobility Corridor

When it comes to air travel, the United Arab Emirates is making big steps forward by planning out an air corridor just for cargo drones, piloted and self-driving air taxis. This project is a part of a larger attempt to create a regulatory framework for advanced air mobility (AAM) in the country. This project is...