UAE delivers 10 aid convoys to Gaza

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The United Arab Emirates has sent ten humanitarian aid convoys to the Gaza Strip as part of its ongoing relief effort. This campaign, carried out under the "Gallant Knight 3" operation, seeks to offer critical food supplies, medical aid, and other requirements to Palestinians affected by the ongoing situation. Despite the challenges on the ground, the UAE's leadership has reaffirmed its commitment to humanitarian assistance, ensuring that relief reaches those in critical need. These convoys are part of a larger campaign to alleviate suffering in Gaza, where thousands of families are facing shortages of basic commodities. UAE relief teams, working in collaboration with international humanitarian groups, have been critical in ensuring the safe and efficient distribution of aid. Medical supplies and food packages have been prioritized, especially for children, the elderly, and the most vulnerable people affected by the disaster. The UAE has long been at the forefront of huma...

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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