Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE - Etihad Esco, EZW sign deal to cut electricity usage  Join our daily free Newsletter

MENAFN - Khaleej Times - 24/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Etihad Energy Service Company (Etihad Esco) and Economic Zones World (EZW) have entered into an agreement, paving the way to identify opportunities for the reduction of water and electricity usage across EZW's commercial, residential and industrial facilities within Jebel Ali Free Zone (Jafza) and other sites in Dubai.

The agreement was made through a memorandum of understanding (MoU) signed by Saeed Mohammed Al Tayer, vice-chairman of the Dubai Supreme Council of Energy (DSCE), managing director and chief executive officer of Dubai Electricity and Water Authority (Dewa), and Chairman of Etihad Esco; and Salma Ali Saif bin Hareb, CEO of Jafza and Economic Zones World, the parent company of Jafza. Under the agreement, Etihad Esco will initiate the first phase of Energy Consumption Reduction Program for EZW including preparatory activities involving due diligence to determine the commercial, technical and regulatory viability of the projects, followed by the second phase to implement and finance the energy effiency upgrades to the buildings and to monitor the entire performance throughout the duration of the program. The agreement sets precedent in the Middle East region and allows EZW to enhance and sustain its business standing and efficiency of its investor services and operations as one of the leading free trade zones in the world.


"Etihad Esco has a clear vision to make Dubai one of the most sustainable cities in the world and to make Dubai built environment a leading example of energy efficiency for the region and the world" said Al Tayer. "EZW and Jafza have an outstanding record of achievements in the fields of energy and the environment and the strategic partnership with Etihad Esco will further drive collaboration and public-private partnerships that enhance Dubai's leadership and global competitiveness."

Bin Hareb said: "We will continue to work towards the vision of making the UAE a leader in Green Economy, supporting our partners, such as Dewa in achieving globally recognisable goals for Dubai and the UAE."


 


Khaleej Times




  MENA News Headlines
 Jul 24 2016 - Two Israeli Reconnaissance Planes Violate Lebanon's AirspaceQatar News Agency
(MENAFN - Qatar News Agency) Beirut, July 23 (QNA) - An Israeli reconnaissance plane has violated the Lebanese airspace above Lebanon's Alma Shaab and flew over Iqlim Kharroub region, as indicated by ...

 Jul 24 2016 - Mass Hunger Strike in Protest of Israel's Detention of PalestiniansQatar News Agency
(MENAFN - Qatar News Agency) Ramallah, July 23 (QNA) - A mass hunger strike across Israeli prisons continued on Saturday in protest of Israel";s detention of Palestinians without charge or trial, ...

 Jul 24 2016 - EU Condemns Kabul AttacksQatar News Agency
(MENAFN - Qatar News Agency) Brussels, July 23 (QNA) -The EU has condemned an attack in Kabul earlier today at a march in which 80 people were killed and over 200 injured. A statement by Maja ...

 Jul 24 2016 - Turkey Forms State of Emergency Coordination CommitteeQatar News Agency
(MENAFN - Qatar News Agency) Ankara, July 24 (QNA) - Turkey has formed a state of emergency coordination committee chaired by Prime Minister Binali Yildirim, according to the Official Gazette. The ...

 Jul 24 2016 - Israeli Army Injures One Palestinian, Arrests Three OthersQatar News Agency
(MENAFN - Qatar News Agency) Ramallah, July 24 (QNA) - Israeli soldiers invaded, at dawn Sunday, the town of Silwad, east of the central West Bank city of Ramallah, shot and seriously wounded one ...

 Jul 24 2016 - Bahrain to launch USD526m market revampMENAFN
(MENAFN) Bahrain's government has announced a USD526 million project to revamp Bahrain's Manama Central Market.In detail, the project is still awaiting approval, six months after it was suspended ...

 Jul 24 2016 - Enec, KHNP shake hands on support services dealMENAFN
(MENAFN) The Emirates Nuclear Energy Corporation (Enec) and Korea Hydro & Nuclear Power (KHNP) have inked an operating support services agreement (OSSA) for the Barakah nuclear power plant in Abu ...

 Jul 24 2016 - QIA, Douglas Emmett acquires USD225m LA office buildingMENAFN
(MENAFN) Qatar Investment Authority (QIA) has announced the acquisition of a mega office property in Los Angeles in joint venture with Douglas Emmett, a real estate investment trust (REIT.In detail, ...

 Jul 24 2016 - WEEK AHEAD: Blue-chips aplenty due to update marketProactiveInvestors - UK
(MENAFN - ProactiveInvestors - UK) The week ahead is set to be a busy one as blue-chips race to get their results out before people head off on holiday. The first of the big companies reports on ...

 Jul 24 2016 - Italian banking crisis may not spill over to global economy: QNBGulf Times
(MENAFN - Gulf Times) Italian banks are in 'trouble” because of their 'large stock of bad loans” QNB said although it does not foresee the trouble 'spilling over” to the wider ...

more...


 





Google

Easy Forex

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help