ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has expressed the UAE’s grave concern over the escalating spiral of violence in Israel and Palestine and offered condolences to all victims of the recent fighting In a statement, HH Sheikh Abdullah bin Zayed said, “The UAE is alarmed by the escalating ...
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Free entry to Sharjah museums on May 18
Sharjah / WAM This year, Sharjah Museums Authority (SMA) is marking International Museum Day with free entry on May 18 to its museums across emirate. SMA will also be hosting a virtual session on that day which will discuss the future of Sharjah’s museums and tourism scene amidst pandemic. Titled ‘The Future of Museums Recover and Reimagine (Real and Virtual ...
Read More »DCT Abu Dhabi to unveil plans to resume tourism at ATM 2021
Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) will participate at this year’s edition of the Arabian Travel Market (ATM), the largest in-person travel and tourism event to physically take place in over a year. Now in its 28th year, ATM 2021 will be delivered in a hybrid format, with an on-ground ...
Read More »Dubai announces new rules for LPG trading
Dubai / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Supreme Council of Energy (DSCE), has issued Directive No. 3 of 2021 on the regulation of Liquefied Petroleum Gas (LPG) trading, in order to protect the environment and society, by implementing the highest standards of safety and security. This includes the transportation, storage, and distribution of LPG, ...
Read More »ITC offers PayBy in all Abu Dhabi taxis
ABU DHABI / WAM The Integrated Transport Centre (ITC) of the Department of Municipalities and Transport announced that starting Sunday, taxis will start accepting cashless fare payments through PayBy. This new feature offers convenience, security, and a variety of payment options. It also reinforces levels of passenger safety using taxis, and enhances the quality of services provided to passengers through ...
Read More »Plug Power plans to open hydrogen plant in Texas
Bloomberg Plug Power Inc plans to open a hydrogen-production plant powered by the wind near Fort Worth, Texas as part of a nationwide chain of facilities to make the clean-energy fuel. The plant will be able to produce up to 60 metric tons of hydrogen per day, Chief Executive Officer Andy Marsh said on a conference call with analysts, without ...
Read More »Sasol to sell 30% Mozambique gas pipe stake for $361m
Bloomberg Sasol Ltd agreed to sell a 30% stake in a natural gas pipeline running from Mozambique to South Africa for as much as 5.1 billion rand ($361 million) in order to pay down debt. The deal rounds out an accelerated asset-sale program that has helped Sasol reduce borrowings that ballooned amid cost overruns at a giant US chemicals project ...
Read More »Mexican power plants boost dirty fuel oil use
Bloomberg Fuel that is so dirty that the global shipping industry banned its use last year is being burned at the highest level in three years in Mexican power plants. With the global shipping industry shunning sulfurous fuel oil to curb emissions, storage tanks in Mexico are overflowing with the stuff. The solution for Mexico is to push more of ...
Read More »Marathon plans $10b buyback after Speedway sale
Bloomberg Marathon Petroleum plans to repurchase as much as $10 billion of stock after the US oil refiner completed the sale of its Speedway fuel retail chain. The plan starts with a cash tender offer to buy as much as $4 billion of shares, or about 10% of its current market value, the company said. The repurchase would be the ...
Read More »India variant won’t halt UK’s reopening — yet
Although the eradication of Sars-CoV-2 would be nice, most people accept we’ll have to live with the virus for some time, almost as we do with the flu. But a variant from India is now forcing the UK to define just what “living with it†means. It comes as England reaches another milestone on its roadmap to unlocking. From Monday, ...
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