Middle East Economic Survey
Masdar And E.ON Announce Carbon Emissions Reduction Joint Venture
UAEs Masdar, the renewables and alternative energy subsidiary of state-owned Mubadala Development Company, has signed an agreement with Germanys E.ON to establish the joint venture E.ON Masdar Integrated Carbon (EMIC). The new company will be focused on developing carbon emission reduction projects on the global market, it was announced 19 January. Headquartered in Abu Dhabis...