Abu Dhabi clean energy company Masdar and Kazakhstan’s sovereign wealth fund Samruk-Kazyna signed an agreement to explore renewable energy opportunities in the country.
Under the preliminary agreement, the two companies will study the potential to collaborate on renewable energy projects and the establishment of a joint venture, Masdar said in a statement on Thursday.
“As a global leader in renewable energy projects, active in more than 30 countries, Masdar is well positioned to help … Kazakhstan achieve its clean energy objectives,” Mohamed Jameel Al Ramahi, chief executive of Masdar, said. “We also welcome the opportunity to extend our presence in Central Asia, which we see as an area of strategic importance for us.”
Masdar, a unit of Abu Dhabi’s sovereign wealth fund Mubadala Investment Company, has already established a foothold in Central Asia. In December, it announced the financial close of the 100-megawatt Nur Navoi Solar project in Uzbekistan. The company also signed an agreement with the government in Uzbekistan to design, finance, build and operate a 500MW utility-scale wind farm project in the country.
Samruk-Kazyna has a portfolio of entities across industries, including companies in electric power generation and distribution sectors. The government of Kazakhstan has committed to increase the share of renewable energy in domestic electricity generation to 10 per cent by 2030 and 50 per cent by 2050.
“Samruk-Kazyna is going through the process of transformation into an investment holding [company],” Akhmetzhan Yessimov, chief executive of Samruk-Kazyna, said. “We are striving towards Mubadala’s operational model [and] this also applies to [our] international investments.”
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
Volvo ES90 Specs
Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)
Power: 333hp, 449hp, 680hp
Torque: 480Nm, 670Nm, 870Nm
On sale: Later in 2025 or early 2026, depending on region
Price: Exact regional pricing TBA
RESULT
Chelsea 2
Willian 13'
Ross Barkley 64'
Liverpool 0
The biog
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Celebrities he worked on: Fabio Canavaro, Lojain Omran, RedOne, Saber Al Rabai.
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City's slump
L - Juventus, 2-0
D - C Palace, 2-2
W - N Forest, 3-0
L - Liverpool, 2-0
D - Feyenoord, 3-3
L - Tottenham, 4-0
L - Brighton, 2-1
L - Sporting, 4-1
L - Bournemouth, 2-1
L - Tottenham, 2-1
Key facilities
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- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
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- An elevated football field that doubles as a helipad
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- Disruption Lab and Research Centre for developing entrepreneurial skills
TRAP
Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue
Director: M Night Shyamalan
Rating: 3/5
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