Tag Archives: United Arab Emirates

RUSSIA SEEKS GAMBIA’S SUPPORT TO HOST WORLD EXPO 2020

60 African countries to participate in the AIM 2013

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Dubai: Annual Investment Meeting (AIM)

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Abu Dhabi opens Shams 1 solar plant

The 1st dedicated exhibition for the PV and solar industries of the MENA region 3–5 September 2013 The United Arab Emirates (UAE) has officially opened its first big solar energy plant, the three companies behind the project said in a statement. The 100-megawatt (MW) Shams 1 concentrated solar plant (CSP) took the UAE’s Masdar, France’s Total and Spain’s Abengoa three years to build at a cost of around $600 million. Shams 1 is one of the largest CSP projects in the world and by far the largest solar plant in a fossil fuel reliant region that lags far behind much of Europe, the Americas and Asia in renewable energy. “The region is faced with meeting its rising demand for energy, while also working to reduce its carbon footprint,” Masdar Chief Executive Sultan Ahmed Al Jaber said in a statement to mark the opening of the plant. The UAE’s richest emirate is targeting 7 percent of electricity from alternative sources by 2020. By comparison, that goal was exceeded by 21 of the 27 EU member states four years ago. Shams 1 capacity, which is 10 times larger than the next largest plant in the country, is enough to supply 20,000 UAE homes and will be especially useful for meeting peak demand on hot summer days. “It is apparent that whilst the solar industry in other areas is struggling, right across MENA, the opportunities for companies to get themselves involved with the wealth of opportunities that are presenting themselves. Right now, nothing is hotter for solar than the Middle East” says Derek Burston, exhibition manager, GulfSol 2013. “It is this reason that since the beginning of the year there has been a real surge in space reservations at this year’s inaugural GulfSol exhibition, which will be in Dubai in September. As the only truly dedicated solar and PV show, the exhibition provides the perfect opportunity for companies to present themselves to a high quality visitor base over a three day period” he adds. For more information on confirming your exhibition presence at GulfSol 2013, contact Derek Burston on dburston@bowheadmedia.com or Ben Richardson on brichardson@bowheadmedia.com

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Sultan Al Mansouri: We will continue our efforts to make the Annual Investment Meeting a true global investment platform

Investment Map Project by the Ministry of Economy is a leading initiative to attract foreign investments read more

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Dubai sets to host the International Property Show on April 30

The “Annual Investment Meeting” opens doors to investments in 80 countries

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The Group Sonelgaz confirms its participation at electro, automation & energy 2013

Tunisia is the Guest of Honor in 2013 read more

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AfDB Approves a US $200-million Facility to Reinforce Ecobank’s Trade Finance Capacities

Ecobank Transnational Incorporated is registered and headquartered in Lomé, Togo, as a pan-African bank holding company. It has presence in 32 African countries, and is represented in France through its affiliate, EBI S.A. Ecobank has representative offices in Beijing, China, Dubai, United Arab Emirates and the UK. Its shares are listed on the Ghana, Nigeria and BRVM (UEMOA) Stock Exchanges. ETI has 18,321 employees and 1,200 branches and offices. read more

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Refining Industry Outlook in Middle East and Africa, 2013 – Capacity Analysis, Forecasts and Details of All Operating and Planned Refineries to 2017

NEW YORK, Feb., 2013  /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue: read more

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The World Market For Military Infrared Imaging Detectors And Systems (Vol. IRW-M, 2013 Edition)

FAIRFIELD, Conn., Jan., 2013 /PRNewswire/ — Maxtech International, Inc. is releasing the 2013 edition of its market research report on military infrared detectors and systems markets (Vol. IRW-M). read more

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U.S. Exports Reach $182.6 Billion in November

Exports Up 38.7 Percent Since 2009 read more

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Pan African Tobacco Group Founder Tribert Rujugiro Ayabatwa to Retire

Sons, Son-in-law to Take Over Vast Portfolio of Companies, Holdings read more

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U.S. Exports Reach $180.5 Billion in October

WASHINGTON, Dec., 2012 /PRNewswire-USNewswire/ — The United States exported $180.5 billion in goods and services in October 2012, according to data released by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department. read more

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