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UAE's NMDC Energy Invests $500m in Offshore Wind Expansion
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04.02.202504.02.2025Energy, Investments

UAE’s NMDC Energy Invests $500m in Offshore Wind Expansion

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UAE’s NMDC Energy, previously known as National Petroleum Construction Company, is making a significant move into the offshore wind sector with plans to invest $500 million in a specialized offshore vessel. This marks a major shift for the company, which has traditionally focused on oil and gas projects. Speaking to The National, Ahmed Al Dhaheri,...

Arcapita Opens Abu Dhabi Office to Boost Regional Investments
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04.02.202504.02.2025Investments

Arcapita Opens Abu Dhabi Office to Boost Regional Investments

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Arcapita Group Holdings Limited, a global leader in alternative investments, has moved to strengthen its regional presence by opening a new office in Abu Dhabi. The expansion follows the company’s recent approval from Abu Dhabi Global Market (ADGM) to operate in the UAE, signaling its commitment to the country as a key hub for private...