Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) has celebrated the first anniversary of the start of commercial operations at Unit 1 of the Barakah Nuclear Energy Plant, located in the Al Dhafra region of the Abu Dhabi Emirate. Since April 2021, Unit 1 of the Barakah Plant has generated more than 10.5 Terawatt hours of clean ...

  Dubai / WAM Through its EV Green Charger initiative, Dubai Electricity and Water Authority (Dewa) has provided over 8,800 megawatt-hours (MWh) of electricity to charge electric vehicles (EVs) in Dubai since 2015. This has helped EV users to travel approximately 58 million kilometres in eco-friendly vehicles and experience a 73 percent reduction in refuelling costs. Since 2015, Dubai has ...

  Dubai / WAM Dubai Chambers has rebranded and unveiled its new corporate identity reflecting the organisation’s restructuring, which was earlier announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Under the new structure, three chambers of commerce operate under Dubai Chambers, namely Dubai Chamber of Commerce, ...

  DUBAI / WAM The Maritime Administration at the Ministry of Energy and Infrastructure has signed a memorandum of understanding (MoU) with the Croatian Register of Shipping (CRS), where the ministry will recognise CRS to issue maritime statutory certificates and carry out all necessary survey works to ensure the eligibility of ships to sail safely. As a result of this ...

Dubai / WAM Through its EV Green Charger initiative, Dubai Electricity and Water Authority (Dewa) has provided over 8,800 megawatt-hours (MWh) of electricity to charge electric vehicles (EVs) in Dubai since 2015. This has helped EV users to travel approximately 58 million kilometres in eco-friendly vehicles and experience a 73% reduction in refuelling costs. Since 2015, Dubai has witnessed a ...

UMM AL QAIWAIN / WAM National Bank of Umm Al-Qaiwain (NBQ) has posted a net profit of AED96.57 million for the three months of the year 2022, the bank said in a statement. Net profit has increased by 26.26% compared to AED76.49 million for three months of previous year due to the improving external environment. Cost to income stood at ...

  Abu Dhabi / WAM The fourth edition of Abu Dhabi International Boat Show (Adibs) will be held from November 24-27. The event is held under the patronage of His Highness Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed Bin Sultan Al Nahyan Charitable and Humanitarian Foundation, and Chairman of Abu Dhabi Sports Council. ...

Associated British Foods Plc’s Primark is not the only European discounter winning over American shoppers. Research from footfall-analysis company Placer.ai shows that budget grocers Aldi Einkauf SE and German rival Lidl, part of Germany’s Schwarz Group, are gaining traction with US consumers too. This could accelerate further as inflation takes its toll on household spending. And that should worry the ...

Cranks are considered cranks for a reason. That is the lesson from Sri Lanka, which has halted payments of its foreign debt and warned that it may default. The country’s ruling dynasty — led by President Gotabaya Rajapaksa and his brother, Prime Minister (and former president) Mahinda Rajapaksa — have lost most of their cabinet and parliamentary majority. Earlier this ...

  Singapore’s finance minister, Lawrence Wong, has solidified his place as the front runner to succeed Prime Minister Lee Hsien Loong. As the now-undisputed leader of a rising political class, the top job is his to lose. Just don’t expect the Lee era to end next month, or even next year. Wong’s ascent puts to rest a rare period of ...