DUBAI / WAM Dubai’s Roads and Transport Authority (RTA) has launched smart platforms for public bus drivers as part of an effort to automate drivers’ services, maximise their happiness, and encourage them to deliver better services to customers. “These platforms are smart devices programmed in several languages and directly linked to the Customer Relations Management system. Through these platforms, which ...

ABU DHABI / WAM In cooperation with the Abu Dhabi Investment Office (ADIO), the Abu Dhabi Agriculture and Food Safety Authority (Adafsa) developed a pipeline of investment projects worth AED1 billion for the private sector to enhance the food security and agricultural sustainability system in the emirate of Abu Dhabi. As part of these projects, Adafsa has awarded five investment ...

Dubai / WAM The Dubai Financial Services Authority (DFSA) on Thursday published a thematic review report on cyber risks which highlights several important opportunities for operational risk management practices of firms operating in Dubai International Financial Centre (DIFC). Launched in July 2019 to identify overall maturity level of cybersecurity programmes of firms authorised by the DFSA, the Cyber Thematic Review ...

Dubai / Emirates Business Emirates introduced additional cargo capacity by using Boeing 777-300ER aircraft with seats removed from the Economy Class cabin. The measure has been introduced in response to the strong air cargo market demand for the rapid, reliable and efficient transportation of essential commodities such as Personal Protective Equipment (PPE), pharmaceuticals, medical equipment, food, machinery and other supplies ...

Bloomberg European natural gas traders are storing more gas than ever in Ukraine as sites closer to home are rapidly filling up. Storage sites on the continent, ranging from old salt caverns to huge overground tanks, are fuller-than-normal after two mild winters and the plunge in demand caused by the pandemic. The unprecedented glut means prices are languishing near record ...

Bloomberg Spain’s Iberdrola SA is canceling a project in Mexico to build a $1.2 billion combined-cycle plant because it can’t secure a supply of natural gas, according to Mexican officials. The mayor of Tuxpan, Juan Antonio Aguilar, said in an interview that representatives of Iberdrola told him that it’s scrapping the project in his city because in nine months it ...

Bloomberg Oil exploration shrank for a 14th straight week in US fields amid weak crude prices and skepticism about a recovery in energy demand. Drillers idled 10 oil rigs in onshore US fields this week, bringing the total to 189, according to data released by Baker Hughes Co. Despite this week’s rise in crude prices to a three-month high around ...

Bloomberg As Europe prepares a multi-billion-dollar blitz to cut greenhouse gas emissions, a race is on to cash in on the green transformation of the nation with the region’s most polluting power plant. Poland, which currently relies on coal for more than 70% of its electricity generation, is stepping up efforts to replace the dirty fuel with renewable energy. As ...

Bloomberg In a parched and dusty patch of land in California’s central valley, a series of wells has been pumping out some of the state’s dirtiest crude oil. Almost a century after the Chico-Martinez oilfield was first opened about 145 miles north of Los Angeles, it is still producing heavy crude. But to do it, drillers have turned to techniques ...

Bloomberg South Africa’s government is considering selling a green infrastructure bond worth tens of billions of rand as part of its biggest drive ever to kickstart private investment in projects ranging from energy to water reticulation. The proposed instrument is one of several mechanisms the country could use to raise finance for projects worth as much as $86 billion over ...