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Abu Dhabi Fund for Development Signs $205 Million Agreement for GCC Power Grid Expansion
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Abu Dhabi Fund for Development Signs $205 Million Agreement for GCC Power Grid Expansion

The Abu Dhabi Fund for Development (ADFD) has signed a significant financing agreement worth AED752 million ($205 million) with the Gulf Cooperation Council Interconnection Authority (GCCIA) to facilitate the expansion of the GCC power grid interconnection with the UAE’s national electricity network. This project is a crucial element of the UAE’s long-term strategy aimed at...

UAE President and Canadian Prime Minister Discuss Bilateral Cooperation
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UAE President and Canadian Prime Minister Discuss Bilateral Cooperation

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Canadian Prime Minister Mark Carney recently engaged in a phone conversation focused on enhancing bilateral cooperation. During this call, the leaders explored various avenues to strengthen their collaborative efforts. Credit: WAM Additionally, they exchanged views on several regional and international matters of mutual concern,...

UAE President Invited to G7 Summit by Canadian Prime Minister
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UAE President Invited to G7 Summit by Canadian Prime Minister

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received an invitation from Mark Carney, the Prime Minister of Canada, to attend the G7 Summit. This important event is scheduled to take place from June 15 to 17. The invitation to the United Arab Emirates highlights the international recognition the country has achieved, along...

KAPSARC and European Commission Explore Future Energy Cooperation
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KAPSARC and European Commission Explore Future Energy Cooperation

KAPSARC and the Delegation of the European Union (EU) to the Kingdom of Saudi Arabia recently organized a significant workshop titled “Bridging Policy and Practice: EU-KSA Cooperation for a Secure Energy Future” at KAPSARC. The event gathered European and Saudi business leaders, senior officials, and experts to discuss ways to enhance energy ties between the...

ADNOC Gas Signs $450 Million LNG Supply Agreement with JERA Global Markets
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ADNOC Gas Signs $450 Million LNG Supply Agreement with JERA Global Markets

ADNOC Gas plc has announced the signing of a significant three-year liquefied natural gas (LNG) supply agreement with JERA Global Markets Pte. Ltd., valued at $450 million (AED 1.653 billion). This agreement solidifies ADNOC Gas’ status as a reliable supplier of clean energy and addresses Japan’s energy needs. The LNG will be sourced from ADNOC...