Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 184,260 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Sunday, the Ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...

DUBAI / WAM Mastercard on Sunday launched its Global Cyber Forward programme in partnership with Dubai International Financial Centre (DIFC), the leading global financial centre and largest FinTech hub in the Middle East, Africa and South Asia (Measa) region. Governments, financial institutions and businesses around the world have been facing an increase in cyber threats as people and businesses become ...

DUBAI / WAM The Business Registration & Licensing (BRL) sector of Dubai Economy has issued 33,769 electronic Memorandum of Association (MOA) and e-MOA addendums in 2020, an increase of 16.2 percentfrom 29,067 issued in 2019. This is in line with the Federal Decree-Law No. 7 of 2018 amending articles within Federal Law No. 02 of 2015 on Commercial Companies. The ...

Abu Dhabi / WAM The central bank of the UAE (CBUAE) imposed financial sanctions on 11 banks operating in the UAE, pursuant to Article 14 of the Federal Decree Law No. (20) of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations (AML/CFT Law), the pertinent articles and decisions of the Cabinet and Central ...

Bloomberg Chevron Corp slumped after posting a surprise loss and failing to increase its dividend, signaling that the aftermath of 2020’s pandemic-driven petroleum demand crash will linger for the world’s biggest oil companies for some time to come. The California oil titan lost a penny per share during the fourth quarter, compared with the Bloomberg Consensus for a 7-cent profit ...

Bloomberg Europe needs to double the share of electricity produced from renewable sources by the end of the decade to be in with a chance of meeting a stricter emissions-reduction target that would put the region’s economy on track to climate-neutrality, according to a report. Europe wants to become the world’s first continent to zero-out greenhouse gases by the middle ...

Bloomberg Royal Dutch Shell Plc agreed to buy a 51% stake in an Irish project to develop a floating wind farm in the Celtic Sea. Simply Blue Energy’s Kinsale venture will develop the Emerald floating wind farm, with 300 megawatts of capacity initially and the potential to scale up to 1 gigawatts. The companies didn’t disclose the value of the ...

Bloomberg Here’s more evidence the clean-tech boom is only getting bigger. Breakthrough Energy Ventures (BEV), the clean-tech venture capital fund led by Bill Gates, has raised $1 billion for a second round of investments after backing 45 startups with its first billion. Created in 2016, BEV began funding startups just as the second wave of clean-tech investments was gaining momentum. ...

Bloomberg Total SE has had the fastest start in the race between oil supermajors to achieve net-zero carbon emissions. Europe’s three largest oil and gas companies — Total, BP and Royal Dutch Shell — all announced plans last year to eliminate most greenhouse gas emissions from their operations and the fuels they sell in the coming decades. It marked a ...

No US president, or former president, has ever been convicted in a Senate impeachment trial. Donald Trump is highly unlikely to break that streak. That’s a principal reason some members of Congress started promoting censure as an alternative to impeachment right after the Capitol riot. The idea is getting new attention now that Senate Republicans have solidified their opposition to ...