DUBAI / WAM Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (Dewa), received Miriam Dalli, Minister of Energy, Enterprise, and Sustainable Development of Malta and Maria Camilleri Calleja, Malta’s ambassador to the UAE, to discuss bilateral cooperation in renewable energy, innovation, and sustainability. Waleed Bin Salman, Executive Vice President of Business Development and Excellence and ...
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UAE to celebrate 91st Saudi National Day today
Abu Dhabi / WAM The UAE will join Kingdom of Saudi Arabia in celebrating the Kingdom’s 91st National Day, which falls on September 23. The UAE’s official and public participation in this year’s celebrations, held under the slogan “Together Forever”, confirms the deep ties between the two countries. The strong historic relations between the two countries have guaranteed the security ...
Read More »Expo 2020: Emirates pavilion all set to welcome visitors
Dubai / WAM Expo 2020 Dubai’s must-see aviation attraction is gearing up to open its doors to the public on October 1. Located in the Opportunity District, and within walking distance of the Al Wasl Dome, the Emirates Pavilion offers a preview for the future of commercial aviation, reframing the role that science and technology will play in the next ...
Read More »UAEU enhances student participation in Expo 2020
AL AIN / WAM The United Arab Emirates University (UAEU) is putting the final touches to its Pavilion at Expo 2020 Dubai over the next six months. Prof Mohammed Hassan Ali, Acting Provost, explained that the University is ready to participate in this important global event and provide exceptional experiences to visitors. The programme of inspiring and creative activities that ...
Read More »UAE condemns Houthi attempt to target Khamis Mushait with drone
Abu Dhabi / WAM The UAE has strongly condemned the Houthi terrorist militias’ attempts to attack civilians and civil objects in Khamis Mushait, Saudi Arabia, with a bomb-laden drone, which was intercepted by the Coalition Forces. In a statement by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the UAE reiterated that these terror attacks by the Houthis reflect ...
Read More »MBRSC launches Emirates Space Art Programme
Dubai / WAM In collaboration with Jsoor, the Mohammed Bin Rashid Space Centre (MBRSC) on Wednesday launched the Emirates Space Art Programme (ESAP), to document, capture, and share the emotions of the UAE’s historical advances into space through the culture and creative industries. ESAP will serve as a platform to bring together a wide stratum of the creative community into ...
Read More »The Monte Paschi crisis could be good for Europe
Andrea Orcel is making Italy’s bank bosses nervous. Chief executive officer of UniCredit SpA since April, he has been overseeing its mooted acquisition of the best bits of Banca Monte dei Paschi di Siena — a move that unsettles the status quo in the old-school world of Italian banking. It may well touch off a new season of mergers and ...
Read More »Disney, Netflix share user sign-up pain
Walt Disney Co keeps trying to tell investors that its growth in streaming-TV subscribers realistically isn’t going to be a perpetual straight shot upward but more like a zig-zagging line quarter to quarter. They won’t listen. Netflix Inc knows how Disney feels. Shares of Disney dipped after Chief Executive Officer Bob Chapek said that various challenges — not least the ...
Read More »Goldman jumps aboard ‘buy now, pay later’
People can be just the worst borrowers, failing to pay what they owe especially if defaulting doesn’t cost them their house or their car. That’s why credit cards charge eye-watering interest rates and late fees. It’s also why cards and other unsecured consumer debt cause the biggest losses for banks during major downturns — and why central banks assume that ...
Read More »Xi Jinping’s coal pledge is climate followership
As a second act, it doesn’t quite match up to the promise of the original. At last year’s United Nations General Assembly, Chinese President Xi Jinping promised to reduce his country’s emissions to net zero by 2060 and hit peak pollution by 2030. That was a genuinely striking commitment from a country that had long chafed at pollution controls. At ...
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