UAE Extends Lifeline to Sudanese Refugees in Uganda’s Kiryandongo Camp

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 The United Arab Emirates (UAE) has reinforced its reputation as a global leader in humanitarian aid with the distribution of 30,000 food baskets to Sudanese refugees in Uganda’s Kiryandongo camp. This initiative, benefitting nearly 100,000 displaced individuals, represents the second phase of the UAE’s sustained humanitarian efforts, which commenced in April 2024. A Lifeline for Refugees The Kiryandongo camp, home to thousands of Sudanese refugees who fled the ongoing crisis in their homeland, has seen its inhabitants struggle with food insecurity and basic needs. The UAE’s food aid has provided a critical lifeline, addressing immediate food shortages and offering hope to a vulnerable population. The distribution event was overseen by UAE Ambassador to Uganda, Abdullah Al Shamsi, who was joined by Ugandan officials and civil society representatives. During the event, Ambassador Al Shamsi reiterated the UAE’s unwavering commitment to international solidarity, emphasizing the nation’s $

United Arab Emirates renewable energy company Masdar said on Thursday it has reached an agreement to buy an initial 67% stake in Greece's Terna Energy


 The acquisition price gives the Greek renewables company an equity valuation of 2.4 billion euros and an enterprise value of 3.2 billion euros, the two companies said. 

The transaction is subject to regulatory approvals and other conditions. Once completed, "Masdar will launch an all-cash mandatory tender offer to acquire all the remaining shares of TERNA ENERGY with the intention of reaching 100%," the statement said.
Masdar is expanding in several parts of Europe, as well is in Asia, the United States and elsewhere, as it seeks to grow its capacity to 100 gigawatts of renewable energy by 2030.

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