Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company (Taqa) are to join state wealth vehicle Mubadala as shareholders in clean energy company Masdar, with the expanded entity to focus on both renewable energy and green hydrogen through two businesses
Technology
Liebherr-MCCtec GmbH awarded gold sustainability rating from EcoVadis
Liebherr-MCCtec have been awarded a gold medal from independent corporate responsibility auditor EcoVadis
MoIAT, DI deal to boost UAE industrial sector
The Ministry of Industry and Advanced Technology (MoIAT) and Dubai Industrial City (DI), one of the largest industrial hubs in the region, have signed a deal designed to further enhance the UAE?s industrial sector while facilitating decarbonisation efforts
Acciona will build the Jubail 3B desalination plant, it's sixth in Saudi Arabia
Together with its partner SEPCOIII, ACCIONA will undertake the construction of the Jubail 3B desalination plant and its capacity of 570,000 m3/day will supply 2 million people in the cities of Riyadh and Qassim
Sanad signs MoU with Next50 to progress tech driven industrial solutions
Sanad, the global aerospace engineering and leasing solutions provider wholly-owned by Mubadala Investment Company PJSC (Mubadala), has signed a MoU to collaborate with Next50, a joint venture between ADQ and G42, to develop technology-driven services solutions for the industrial services sector