Abu Dhabi’s 2 gigawatt solar farm gets five build bids

Dubai: A solar farm – bigger than 4,200 soccer pitches – will be built in the UAE to supply power at what could be record-low prices. Abu Dhabi Power Corporation received five bids from unidentified investors to build the 2-gigawatt solar project, one of the largest in the world. Super-sized solar projects have become increasingly […]

Abu Dhabi’s Hub71 gets in more startups

Abu Dhabi: Fifteen startups have joined Abu Dhabi based Hub71’s incentive programme, where the benefits include free housing and office space for two years. They also get free medical insurance. “Seed” companies get to avail of these services, while “emergent” companies can access 50 per cent subsidises for three years. “The 15 winning startups will […]

Wizz Air Abu Dhabi sticks with Q4-20 launch date

Abu Dhabi: Wizz Air Abu Dhabi, which will be the emirate’s second low-cost airline, plans to start operations by the fourth quarter this year, foreseeing no delays on its plans. The company said its strong cash position as well as a UK government-backed loan meant the group remained in a healthy position despite challenges faced […]

Kuwait’s KPC cuts crude supplies in line with OPEC+ deal

CAIRO: Kuwait Petroleum Corp (KPC) is coordinating with clients around the world to cut its crude supplies in line with commitments under a deal by oil producers to reduce output, state news agency KUNA reported on Sunday. KPC stressed its keenness to support the country’s role in making the agreement to rebalance global oil markets […]

Want a new car? Here are all the latest 2020 Ramadan offers!

These are unprecedented times what with our world having been turned upside down due to COVID-19. However, almost all the major automotive brands in the UAE have joined in with the Ramadan spirit of giving and are offering some great deals ranging from deferred payments to three years free service and more to further tempt those […]