Asda

Abu Dhabi's Masdar-Backed Renewable Energy Developer Considers IPO

6 days ago

A prominent renewable energy developer, supported by Masdar, is actively contemplating an initial public offering (IPO) in Abu Dhabi as part of its strategic expansion plans. This potential IPO reflects the broader trend of increasing interest and investment in sustainable energy solutions, aligning with global efforts to combat climate change and transition towards cleaner energy sources.

Asda's Chair Stuart Rose Critiques Supermarket's Direction: "Slightly Lost the Plot"

2 months ago

In a striking admission, Stuart Rose, the chairman of Asda, articulated concerns regarding the current trajectory of the supermarket chain, suggesting it has "slightly lost the plot." This candid observation comes amid the backdrop of competitive pressures and the evolving landscape of the retail sector in the UK.

Disappointment for Green Energy Advocates: Masdar Delays Hydrogen Goals Past 2030

2 months ago

In a significant development for the renewable energy sector, Masdar, the Abu Dhabi-based energy company, has revised its timeline regarding green hydrogen production. Originally aiming to achieve a substantial capacity by 2030, the company has now announced a postponement of its green hydrogen capacity targets beyond this decade. This shift has implications for the broader commitment of the United Arab Emirates (UAE) to transition to sustainable energy sources and maintain its position in the competitive landscape of renewable energy.