DUBAI / WAM The Pointe, Dubai’s premier lifestyle and dining destination by Nakheel Malls, is gearing up to launch the world’s largest fountain. ‘The Palm Fountain’, Palm Jumeirah’s latest waterfront attraction, will attempt to break a Guinness World Records (GWR) title during its inaugural launch event, and the public is invited to witness the celebration. Spread over 14,000 square feet ...

DUBAI / WAM Shuaa Capital has launched three Sharia compliant funds and already secured $75 million of commitments. The Shuaa High Yield Sukuk Fund, Nujoom Aggressive Fund and Nujoom Balanced Fund – the first Sharia-compliant funds within an ICC umbrella to launch in the Abu Dhabi Global Market (ADGM) – are breaking ground as part of Shuaa’s fund platform rolled ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHaP) announced that it conducted 108,906 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 1,041 new coronavirus cases, bringing the total number of cases in the UAE to 98,801. MoHaP also noted an additional 1,001 individuals ...

Dubai / WAM The Dubai Land Department (DLD), through its Real Estate Promotion and Investment Management Sector, in cooperation with Strategic Holding, launched the “Invest in Dubai Real Estate” initiative, the virtual destination for the real estate industry and the latest and most prominent real estate promotion initiatives in Dubai. The initiative is set to unveil interactive features from November ...

Abu Dhabi / WAM The Environment Agency – Abu Dhabi (EAD) in collaboration with the General Secretariat for the Conservation of the Arabian Oryx, organised an online webinar titled “Education and outreach programmes of Arabian Oryx Conservation institutions in the UAE: Successes and future priorities”. Dr Shaikha Salem Al Dhaheri, Secretary-General of EAD, said, “The organising of this webinar by ...

DUBAI / WAM The 50-year Development Plan Committee, in partnership with the General Women’s Union (GWU) launched several discussion panels for the preparation for the next 50 years plan under the title “Planning for the Fifty-Fifty … Women are Support for the Homeland”. The discussions, under the patronage of HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union ...

RIYADH / WAM The Kingdom of Saudi Arabia Pavilion at Expo 2020 Dubai announced the launch of its volunteering campaign, in partnership with the Emirates Foundation. The initiative aims to attract an estimated 1,000 Saudi nationals to take part in the pavilion activities for the duration of the World Expo from October 2021 to March 2022. Speaking on the initiative, ...

Bloomberg Chile’s government is considering ways to boost the attractiveness of green-hydrogen projects as the biggest copper-producing nation strives to become carbon neutral. “We will announce the details early November,” Energy Minister Juan Carlos Jobet said in an interview in Santiago. “It will come in the form of some financial assistance to allow investors to have returns during the early ...

Bloomberg Noble Energy Inc shareholders approved the company’s acquisition by Chevron Corp, cementing one of the US oil industry’s biggest transactions this year. The vote during a virtual shareholder meeting came despite opposition from Elliott Management Corp. The activist hedge fund was said to seek a break-up of the deal because it thought Chevron wasn’t paying enough. The biggest proxy-advisory ...

Bloomberg The nuclear industry should tap into rising investor interest in hydrogen-fuel to revive the flagging prospects of reactor operators in an increasingly crowded marketplace for clean power. That was the message delivered by executives and scientists who convened at the International Atomic Energy Agency (IAEA). Higher demand for hydrogen from industry and heavy transport could make production of the ...