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Dubai Electricity and Water Authority has completed an early $2.7 billion debt refinancing for the $4.3 billion Noor Energy 1 solar project. The 950MW hybrid complex involves China's Silk Road Fund as a shareholder and Shanghai Electric as the EPC contractor. The transaction replaces 2019 construction-period debt to lower financing costs during commercial operation.
The Economic Partnership Agreement between the UAE and the Eurasian Economic Union entered into force on 6 October 2026. The pact grants preferential tariff access across over 86 percent of tariff lines and targets nearly $50 billion in annual trade by 2032.
The UAE Ministry of Health and Prevention has introduced mandatory limits on sodium, sugar, and saturated fats in selected packaged food items. The phased requirements apply to domestic and imported goods, with full compliance required by December 31, 2030. Non-compliant businesses face fines reaching up to Dh500,000.
Eurowings is expanding its winter 2026/2027 network from Germany with scheduled services across the Middle East, including new flights to Baghdad starting December 10, 2026. The carrier will operate 14 weekly flights to Dubai, alongside services to Jeddah, Erbil, Tel Aviv, Amman, and Beirut. Eurowings will also roll out its Premium BIZ Seat cabin on all Dubai flights beginning December 1, 2026.
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