Dubai / WAM In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Saeed Mohammed Al Tayer, MD& CEO of Dubai Electricity and Water Authority (Dewa) chaired the first meeting, held remotely, with Dewa’s higher management team, to discuss the post-Covid-19 era. The meeting was attended ...
Read More »Admin
Tadweer announces results of community awareness survey
ABU DHABI / WAM Abu Dhabi Waste Management Centre (Tadweer) announced the 2019 results of a community awareness survey on proper waste handling and pest control practices. Conducted in partnership with Statistics Centre Abu Dhabi (SCAD) the survey used the stratified sample method and personal interviews with 2760 UAE citizens and residents from both genders and age groups across Abu ...
Read More »Covid-19: UAE sends medical aid to Albania
Abu Dhabi / WAM The United Arab Emirates sent an aid plane carrying seven metric tons of medical supplies to Albania. The aid will assist approximately 7,000 medical professionals as they work to combat the Covid-19 pandemic. Commenting on the aid delivery, Mohamed Meer Alraeesi, UAE Ambassador to the Hellenic Republic and Non-Resident Ambassador to the Republic of Albania, stated: ...
Read More »DSOA appoints Ejadah for infra maintenance at hi-tech park
DUBAI / Emirates Business Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), on Saturday announced that Ejadah, a leading asset management company in Dubai, has been contracted to manage all infrastructure maintenance works across the integrated community. Ejadah’s services include the maintenance and repair of DSO’s sewerage network, irrigation network, storm network, and their respective ...
Read More »World to use 1.7 billion barrels less oil in Q2 amid pandemic
Bloomberg A fifth of global demand for oil will disappear this quarter. All three of the major forecasting agencies now agree that the world faces its biggest-ever slump in oil consumption, after governments imposed movement restrictions on billions of people to combat the coronavirus. The scale of the demand hit means that despite producers implementing unprecedented output cuts, stockpiles will ...
Read More »Oil recovery to be slow in North Dakota
Bloomberg Producers are already restarting oil wells in North Dakota as prices come off record lows, but talk of a recovery is premature, said the state’s energy regulator. The historic price rout has in recent weeks curbed output in the second-biggest producing state by a third to below 1 million barrels a day, according to the Department of Mineral Resources. ...
Read More »Does US have military primacy over China?
Here’s a fact that ought to startle every American who assumes that because we spend nearly a trillion dollars a year on defense, we have primacy over our emerging rival, China. “Over the past decade, in US war games against China, the United States has a nearly perfect record: We have lost almost every single time.†That’s a quote from ...
Read More »When Buffett sours on Goldman!
Just as some US states begin to reopen and try to mend the virus-stricken economy, Warren Buffett delivered a harsh reminder that things may be anything but normal for a long time. The crisis has spooked America’s forever optimist so much so that he’s fled the airline industry entirely, and now even certain automobile and banking stocks, according to a ...
Read More »Covid-19 makes basic income look better
Universal basic income (UBI) was a popular topic in the US before Covid-19 — in a theoretical sense. Now a pandemic is providing a tragic preview of some of the conditions UBI was conceived to address. And, though there are some important qualifications, Covid-19 is making UBI look better. Up until a few months ago, the argument for UBI was ...
Read More »Iceland is the perfect coronavirus refuge
The world’s tourism hot spots are gradually reopening after the great lockdown, but they don’t look very alluring. Going to the beach will require spacing out parasols, while a city break in Europe might mean keeping a mask on while shopping. Not to mention the quarantines being imposed to limit imported infections, hardly a great way to start a vacation. ...
Read More »