India’s SpiceJet to finalise compensation deal with Boeing by March-end

New Delhi: Budget carrier SpiceJet expects to finalise a compensation deal with Boeing for grounding of its 737 Max aircraft by the end of the current quarter. The proposed deal might also include the erection of a simulator-based pilot’s training centre in India. Accordingly, the airline, until now has been representing only a portion of […]

Abu Dhabi Power to develop largest thermal plant in the UAE

Abu Dhabi: Abu Dhabi Power Corporation (ADPower) and Japan-based Marubeni Corporation on Sunday announced the formation of a consortium to develop the Fujairah F3 independent power producer (IPP) project, which will be the largest independent thermal power plant in the UAE. The Fujairah F3 IPP project includes the development, financing, construction, operation, maintenance and ownership […]

Tech disruptors are eyeing renewable energy opportunities in Dubai

With annual digital transformation spend set to reach US $40 Billion in MENA by 2022, Fortune 500s like California-based NetApp, look to Dubai for growth. Director of Technology and Strategy, NetApp, a hybrid cloud data service company, Matt Watt, talks renewable energy, tech, A.I., IoT, and why MENA is one of their fastest growing regions. […]