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NRF Insights on the DFSA’s Business Plan for 2025-26
On 4 February 2025, the Dubai Financial Services Authority (the DFSA) published its Business Plan for 2025-2026 (the Business Plan).
Thailand: New Round of Renewable Energy Procurement
Thailand | Publication | March 2023
Thailand's National Energy Policy Council has approved an increase in renewable energy power generating capacity from 9,996 MW to 12,700 MW to meet rising electricity demand. The council has approved a new procurement scheme, which includes 3,668.5 MW of total capacity from ground-mounted solar farms (2,632 MW), wind energy (1,000 MW), bio-gas (6.5 MW), and industrial waste (30 MW).
The relevant power purchase agreement will be non-firm, with a project life of up to 20-25 years. The Energy Regulatory Commission will launch the new scheme after the procurement under the previous program is completed (i.e. tentatively on or around 19 April 2023). This move is expected to attract significant investments and create job opportunities, while demonstrating Thailand's commitment to achieving carbon neutrality and net-zero carbon emissions by 2050 and 2065, respectively.
Our team at Norton Rose Fulbright will keep monitoring this matter for more updates.
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European commission clarifies its consumer protection agenda for e-commerce
Acting on one of the priorities laid out in President von der Leyen’s Mission Letter to Commissioner McGrath, the European Commission (EC) has published a communication on an EU toolbox for safe and sustainable e-commerce (the Communication).
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Construction insights
The construction and infrastructure sectors are booming in the Middle East region, driven by economic diversification and energy transition goals. It is more important than ever to carefully mitigate and manage risk and resolve disputes effectively, should they arise.
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