News

Arabian Gulf Business Insight on MSN13h

Spanish blackouts hit profits at Mubadala-owned refiner

Spanish refiner Moeve, which is majority-owned by Abu Dhabi’s Mubadala, said earnings fell in the first half of 2025, hurt by the massive power outage in Spain and Portugal in April and a decline in ...
Grid failures like the one experienced in Spain and Portugal are dangerous—and they’re not an isolated glitch. Such events ...