Dubai / WAM In a new achievement for the UAE, the United Nations (UN) honoured the UAE government with a special award in recognition of its role in government modernisation. This recognition came during the United Nations Public Service Awards ceremony, the most prestigious global award in the field of public service. The award came in recognition of the ...
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UAE, Maldives discuss ways to promote defence ties
Abu Dhabi / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, met today with Mariya Didi, Minister of Defence of the Republic of Maldives, and the accompanying delegation in the presence of Mattar Salem Ali Al Dhaheri, Under-Secretary of the Ministry of Defence, and several senior military officers and officials at the ministry. Al Bowardi ...
Read More »Wizz Air Abu Dhabi to start flights to Krasnodar, Russia
Abu Dhabi / WAM Wizz Air Abu Dhabi has announced the addition of Krasnodar in Russia to the list of its destinations. The announcement follows the recent addition of Moscow to the airline’s flight network making Krasnodar the second Russian destination available with Wizz Air Abu Dhabi. Wizz Air Abu Dhabi will start operating its flight to Krasnodar from ...
Read More »â€˜UAE a reliable partner for sustainable development’
Dubai / WAM Vahan Kerobyan, Armenia’s Minister of Economy and Commissioner-General of the Armenia Pavilion at Expo 2020 Dubai, said that the UAE has become a reliable partner for sustainable development, innovation, and the realisation of opportunities regionally and internationally, thanks to its governance system, efforts to reduce oil dependence, and rapid economic diversification. “We are full of hope ...
Read More »Chinese solar companies make bid to dominate hydrogen power
Bloomberg Chinese companies spent 10 years aggressively maneuvering to become the dominant players in solar power. Now they’re seeking to lead the way in developing the next big thing in clean energy: hydrogen. Top solar manufacturers including Longi Green Energy Technology Co are ramping up the production of electrolyzers, the equipment needed to make green hydrogen, the cleanest form ...
Read More »Ofgem invites bids for ‘subsea power’ cables to Europe
Bloomberg The UK’s energy regulator is inviting bids to build more high-voltage cables to connect the country’s electricity grid to the European continent. Ofgem is launching a new round of investment bids to build the sub-sea cables, according to a statement. The regulator says the plans will help boost national energy security and electrification plans which could help the ...
Read More »The fight for democracy needs some hypocrisy
It doesn’t take a genius to see that a subtext of President Joe Biden’s “Summit for Democracy†last week was an effort to raise the ideological stakes in the competition between the US and China. And only a fool would believe that the strategy will work without a healthy dose of diplomatic hypocrisy. The notion of an “alliance of ...
Read More »Will it be a blue omicron Christmas?
It’d be an understatement to say that UK Prime Minister Boris Johnson needs the public’s support right now, as a worrying new Covid variant spreads across the land. It’d also be an understatement to say that he and his fellow Conservatives are doing a bad job at rallying that support. To sum up Partygate: There were accusations of a Christmas ...
Read More »Cash is dying, but we aren’t ready to bury it
The demise of cash is near. As consumers, though, we should hope that the end doesn’t arrive too soon. It isn’t the pandemic that’s putting this popular means of payment out of existence. All that Covid-19 has done is to accelerate a trend that was already with us. When Steve Jobs unveiled the first iPhone in 2007, he began ...
Read More »Fed needs to go beyond doubling its taper rate
After the hot inflation numbers out of the US, it would be inadvisable and unfortunate if the Federal Reserve were to resist at its policy meeting this week what have become broad-based calls for it to double the rate at which it is tapering its monthly bond purchases. In fact, the Fed should go well beyond that. Sadly, the ...
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