Abu Dhabi / WAM The UAE on Monday concluded the exercises of the International Atomic Energy Agency’s (IAEA’s) ConvEx-3 ‘Barakah UAE’, amid great success, highlighting the country’s national readiness and full ability to deal with unusual conditions in nuclear and radiological emergencies. The UAE’s hosting of the exercise also cemented the international community’s confidence in the nuclear energy infrastructure, and ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa) marked another breakthrough by achieving the Guinness World Records title for the first 3D-printed laboratory in the world. The record was awarded for Dewa’s Robotics & Drone laboratory, housed within the Research & Development (R&D) Centre at the Mohammed bin Rashid Al Maktoum Solar Park. Saeed Mohammed Al Tayer, MD and ...

The history of United Nations climate conferences is a history of failure. That comes with the territory. If anyone meeting was to solve all the problems of preventing catastrophic global warming, there would be no need for any further action. That’s the best way to think about the disappointing outcome of talks between the Group of 20 large economies during ...

Tesla Inc became a trillion-dollar company, Apple Inc and Amazon.com Inc revealed some vulnerabilities, and FAANG became … MAANG? MANGA? MAGMA? It was a week of redefining the tech landscape. Let’s dive in to the details. Mark Zuckerberg stood in front of some BBQ sauce and revealed to the world Facebook Inc’s new name: Meta Platforms Inc. The name is ...

Where does Elon Musk get his ideas from? What is he trying to achieve and who does he want to be? Many of us are desperate to understand the world’s richest man, whose electric vehicle maker Tesla is now, according to the stock market, worth a trillion dollars. Jill Lepore, a historian at Harvard University, suggests Musk was shaped by ...

More than most weeks, Big Oil had reason to cheer the arrival a Friday. The day before, the CEOs of Exxon Mobil Corp, Chevron Corp and other industry bigwigs had been called to Congress (virtually) for one of those hearing/shellacking rituals, where they were accused of hiding the dangers of climate change. The latest UN climate summit kicked off in ...

Bloomberg Ryanair Holdings Plc is considering delisting from the London Stock Exchange (LSE) in the latest setback to the UK’s stock market arising from Brexit. The Irish discount carrier cited compliance headaches tied to Britain’s exit from the European Union as it weighs joining a growing list of firms that are disappearing from the bourse. Dublin-based Ryanair is required to ...

Bloomberg PT Garuda Indonesia needs at least $1 billion of additional funds to cut debt and stay afloat, as the government says it could give up its majority control of the troubled flag carrier. Garuda is currently in talks with creditors to restructure $6.3 billion worth of debt and expects to reach an agreement in the second quarter of 2022, ...

Bloomberg Thai Airways International Pcl plans to raise as much as 50 billion baht ($1.5 billion) in new capital as the flag carrier expands flights with the country reopening its borders to foreign tourists. The airline will borrow 25 billion baht from existing creditors and other financial institutions, said Piyasvasti Amranand, a member of the panel overseeing a court-monitored debt ...

Bloomberg Purplle, the Indian online beauty products retailer backed by Goldman Sachs Group Inc, is raising funds at a valuation of $630 million just as rival Nykaa is executing its initial public offering. Kedaara Capital led the fresh $75 million funding round, Purplle said in a statement. The startup will use the funds to boost innovation in beauty products and ...