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THIS MORNING: Meta rolls out Meta AI in the Mena region + Opec+ maintains oil supply cut policy
Plus: DubaiPay now accepts Tabby installments
THIS MORNING: Fuel prices up in February + Inflation allowance program renewed for another year
Plus: Mubadala Abu Dhabi Open kicks off
UAE, Hungary ink agreements in education, investment, clean energy, and defense
Several MoUs and agreements were announced in education, investment, and clean energy
UAE saw projects decline 9.5% last year
The construction sector accounted for 47.5% of total awarded contracts
Adnoc Gas to supply Jera with LNG under new USD 450 mn agreement
Natural gas will be sourced from the Adnoc's Das Island liquefaction facility
HSBC partners with CleanMax for AED 99 mn solar projects in the UAE
The projects aim to drive the UAE’s Net Zero Strategy
Adnoc Gas to supply natgas to Ewec under USD 10 bn agreement
The agreement will give Ewec the flexibility to manage real-time fluctuations in renewable energy output without interruptions in power supply
UAE, Italy, and Albania ink EUR 1 bn subsea energy cable agreement
The infrastructure is expected to be operational within three years
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