DEWA and Dubai Civil Aviation Raised $2.84 Billion in Loans

Dubai Companies Raise $2.84 Billion to Refinance Debt (Update1)
Bloomberg
April 5 (Bloomberg) -- The Dubai Electricity & Water Authority, the state-owned utility, and the Dubai Civil Aviation Authority raised $2.84 billion in syndicated loans to repay their debt, making April a busy month for Gulf Arab debt issues.
Dewa received a $2.2 billion loan from 18 international and local banks to refinance maturing debt, it said in an e-mailed statement today. ...

Corodex Electromechanic Wins Formula-1 Track Contract in Abu Dhabi

Corodex wins contract to build sewerage plant for Abu Dhabi formula1 track
Carz Unlimited - Dubai, United Arab Emirates
Corodex Electromechanic, a part of Concorde-Corodex group (CCG) recently announced that it has won the contract for developing the vacuum sewerage system for the first Formula1 track in Abu Dhabi. The Formula1 track which will be first of its kind in UAE is located in the Yas Island, east of the capital city of Abu Dhabi, and will host the first Grand Prix in the capital. ...

UAE Aiming to Host International Renewable Energy Agency (IRENA) in Abu Dhabi.

UAE makes bid to host IRENA in Abu Dhabi
GulfNews - Dubai, United Arab Emirates

Canberra: UAE Ambassador to Australia, Dr Saeed Mohammad Al Shamsi, has conveyed a message from Shaikh Abdullah Bin Zayed Al Nahyan, UAE Foreign Minister, to Australian Foreign Minister Stephen Smith, on the UAE international lobby to host the International Renewable Energy Agency (IRENA) in Abu Dhabi.