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Dubai Supreme Council of Energy discusses waste-to-energy strategies

H.H. Sheikh Ahmed bin Saeed Al Maktoum, chairman of the Dubai Supreme Council of Energy presided the 69th meeting held virtually. Saeed Mohammed Al Tayer, vice chairman of the Dubai…

UAE: A hub for digital economy

Adopting the UAE digital economy strategy, His Highness Sheikh Mohammed bin Rashid Al Maktoum said that the goal over the next 10 years is to increase the contribution of this…

ADDC and Abu Dhabi University to advance innovation in utility sector

The Abu Dhabi Distribution Company (ADDC), a subsidiary of Abu Dhabi National Energy Company (TAQA Group), has signed a memorandum of understanding (MoU) with Abu Dhabi University (ADU) to accelerate…

Enough with Covid19

The Corona virus-laden two years drastically transformed how the world operated and functioned. Both governments and their citizens were compelled to go through circumstances that had not been figured in…

UAE to have world's first regulated carbon trading and clearing house

The world’s first fully regulated carbon trading exchange and carbon clearing house is set to be established in Abu Dhabi, the capital of the UAE.

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Kuwait Fund floods Chinese development projects

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Back in 1983, Faisal Al Khaled, then president of the Kuwait Arab Economic Development Foundation, was invited to attend the opening ceremony of “Xiamen International Airport”. The airport was the first project ever that China used foreign loans to build, a Kuwaiti government loan of 1267 million KD, for infrastructure construction and achieved great success.

Moreover, back in 2013, the Kuwaiti Minister of commerce and industry, Anas Saleh, and Kuwait’s Ambassador to China, Mohamed Zuweih and his entourage revealed the "China-Kuwait Friendship Monument" at Ningxia People’s Hospital which was China’s first hospital expansion project using the Kuwait Arab Economic Development Foundation concessionary loan. The loan agreement for this project was signed in 2006, with a value of 10 million KD.

Most recently, in November 10, 2020, a new signing ceremony was held, with a concessional loan of 10.3 million KD for the project of the new campus and high-speed railway technical training base project of the Kuwait Arab Economic Development Foundation to Zhengzhou Railway Vocational and Technical College.