DUBAI / WAM Dubai Future Foundation’s (DFF) Dubai Future Accelerators (DFA), a flagship programme to position Dubai as a hub for innovation, emerging technologies and an attractive destination for startups and entrepreneurs, successfully hosted an Investor Day in collaboration with the Knowledge and Human Development Authority (KHDA), the regulatory authority responsible for the growth and quality of private education in ...
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DGCX unveils daily gold futures contract
Dubai / WAM The Dubai Gold & Commodities Exchange (DGCX) on Monday announced that it has launched a 12.5kg physically delivered Daily Gold Futures Contract, available for trading. As the first-of-its-kind in the region, the contract builds on DGCX’s growing suite of precious metal products. The Daily Gold Futures Contract was introduced in response to increased market demand and will ...
Read More »flydubai adds 4 new cities to its European network
Dubai / WAM flydubai on Monday announced that Catania and Naples in Italy, Salzburg in Austria and Malta will be joining its European network from May 2021. The carrier has grown its network to more than 65 destinations as countries continue to gradually lift travel restrictions. With the addition of Catania, Malta, Naples and Salzburg the carrier will operate flights ...
Read More »Covid-19: UAE reports 3,820 new recoveries
Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 140,477 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, MoHAP announced 3,591 new coronavirus cases, bringing the total number of recorded cases in the UAE to 281,546. The ministry also noted that an ...
Read More »Abu Dhabi to promote national products through new campaign
Abu Dhabi / WAM Abu Dhabi Department of Economic Development (Added) launched the “Made in Abu Dhabi” campaign to promote national products manufactured in Abu Dhabi emirate in order to enhance their competitiveness and encourage consumers to ‘buy local’. In addition, it will incentivise manufacturers to display the approved campaign logo on their products. In order to communicate the campaign ...
Read More »UAE consolidates position as leading supporter of children’s rights in world
Abu Dhabi / WAM The United Arab Emirates (UAE) has consolidated its position as a leading global supporter of children’s rights, through a range of initiatives and aid campaigns aimed at ensuring the rights of millions of children to health, education and food. HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for ...
Read More »ADFD finances AED 4.7bn worth of 90 renewables projects in a decade
Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) has been supporting the country’s effort towards driving energy transition at home and around world by financing innovative renewable-energy projects. These initiatives have had powerful impact on economies and the environment of beneficiary countries. The fund has consistently increased its portfolio of such projects, having funded 90 of them over ...
Read More »Renewables pip fossil fuels in EU in 2020
Bloomberg Renewables are for the first time the dominant power source in Europe’s electric grid. In a year that saw pandemic restrictions sap energy demand across the continent, the drop in supply came mostly from more expensive power from fossil fuels. That helped green sources take the biggest share of the European Union’s generation, a portion that will keep growing ...
Read More »Russia’s Fortuna resumes work on Nord Stream 2
Bloomberg Russian pipelaying vessel Fortuna has started working at the Nord Stream 2 construction site in Danish waters, defying new US sanctions against the controversial gas-pipeline project. The work being done in the Danish exclusive economic zone is “performed in line with relevant permits†and precede the actual construction of the gas link, a spokeswoman for Nord Stream 2 AG ...
Read More »World’s biggest offshore wind producer moves into hydrogen
Bloomberg Danish utility Orsted A/S took a final investment decision on its first hydrogen project as it expands beyond wind power. The world’s biggest producer of electricity from turbines at sea will use the technology at its Danish demonstration project H2RES to produce green hydrogen. It’s a small, but concrete step for the company that could help it stand out ...
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