Tariffs

  • BMW has revealed that it is considering manufacturing its new electric Mini vehicle outside of the UK due to the uncertainty following the country's decision to exit the EU. A source close to the car manufacturing giant claims that BMW executives will make a decision on the location for the manufacturing of its new electric model by the end of September.

  • HH Sheikh Mohammed bin Rashid has officially opened the world's largest Solar Park in Dubai - which will generate clean and renewable energy that according to officials involved in the project will ultimately pave the way for a more ‘stable electricity tariff rate' in the long run. The second phase of the park was inaugurated by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. The inauguration ceremony coincided with the International Day of Happiness - and the innovative Solar Park reflects a new era in the excellence and leadership of the UAE.