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Oil declines on signs of Libya restart with virus cases rising

Bloomberg Oil declined as Libya signalled the resumption of some crude exports, while surging coronavirus cases cloud the outlook for demand. Futures in New York drop 2.2% to near $40 a barrel. Libya is moving closer to reopening its battered oil industry after it told companies to resume production at some fields. This will add to already rising supply from ...

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Dubai Safari Park to open from October 5

DUBAI / WAM Dubai Municipality announced that the Dubai Safari Park will welcome visitors starting from October 5, with a wide range of new interactive, educational and entertainment experiences for visitors of all ages. The opening follows the completion of a comprehensive renovation and development process aimed at expanding the facilities of the Park and further enriching the visitor experience. ...

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Khalifa Foundation, CSR UAE Fund benefit 395,000 people

Abu Dhabi / WAM The Khalifa bin Zayed Al Nahyan Foundation continues to provide humanitarian aid through the Covid-19 initiatives launched by CSR UAE Fund in partnership with the Foundation. The campaign received monetary and in-kind contributions that included thousands of items that were distributed to beneficiaries. The items included smart devices to support distance learning, urgent medical equipment to ...

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Abu Dhabi identifies 14 new investment areas within health sector

Abu Dhabi / WAM The Abu Dhabi Department of Economic Development (Added) has identified 23 industrial areas for investment mainly in the pharmaceutical and medical industries aimed at achieving self-sufficiency in Abu Dhabi’s health sector. Among these investment areas, 14 belong to new industries in the market while the other nine are already existing ones. The identification of investment areas ...

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ADU launches ‘For Sudan’ initiative

Abu Dhabi / WAM Abu Dhabi University (ADU) launched a new initiative, in collaboration with Emirates Red Crescent (ERC) Lulu Group International and PepsiCo, to provide relief for Sudanese families impacted by recent heavy floods. The initiative, titled “For Sudan”, aims to collect both monetary and in-kind donations which will be sent to affected Sudanese families. “For Sudan” will be ...

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Expo Centre Sharjah to welcome back visitors with safety measures

Sharjah / WAM The Emergency, Crisis and Disaster Management Team in Sharjah has approved a host of precautionary measures ahead of the resumption of activities at the iconic Expo Centre Sharjah. The landmark venue, which is a popular destination for high-profile government events, commercial exhibitions, business events and conferences in the country will reopen with all the necessary precautionary measures ...

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UAE reports 75,086 total recoveries from Covid-19

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) on Monday said it carried out over 72,388 additional Covid-19 tests in the country over the last 24 hours, using the latest testing methods. The ministry said in a statement that the intense testing drive uncovered 679 new cases from various nationalities, who are all in stable condition and ...

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DMCC completes realty transaction with Musharaka Capital

Dubai / WAM DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has completed a real estate transaction comprised of a single plot of land sale with a self-storage facility on it to Musharaka REIT Fund, Musharaka Capital as fund Manager for Musharaka REIT is the representative of the Fund, for ...

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LafargeHolcim sets target to reduce emissions 15% by 2030

Bloomberg LafargeHolcim Ltd, the world’s largest cement maker, pledged to step up efforts to cut CO2 emissions as the energy-consuming industry comes under pressure from environmental groups, lawmakers and investors. The plan includes accelerating the use of low-carbon alternatives in cement mixtures and operating its first net-zero plant by the end of the decade, the company said in a statement ...

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Authoritarianism is up for re-election in America!

Americans who think the coming election is their last chance to save the republic from authoritarianism — Americans, until recently, like me — are almost certainly wrong. Authoritarianism is already here, and what Americans will decide in November is whether it will grow more deeply entrenched. According to a new report, the US is undergoing “substantial autocratisation” — so much ...

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