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First foreign space agency office opens in Abu Dhabi

Abu Dhabi / WAM The French Embassy in the UAE on Sunday opened a representative office of the French space agency in Abu Dhabi (Centre National d’Etudes Spatiale, CNES) to be the first foreign space agency opening a representative office in the UAE. The announcement was made on the occasion of the visit of Jean-Yves Le Gall, President of the ...

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UAE a major actor in space scene: CNES

Abu Dhabi / WAM Jean-Yves Le Gall, President of CNES, the French space agency, said that the UAE has become “one of the major actors in the space scene,” as he witnessed the opening of the agency’s representative office in Abu Dhabi on Sunday. CNES, one of the oldest institutional space agencies in the world, has become the first foreign ...

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DMCC gets Global Free Zone Award

Dubai / WAM DMCC, the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise, has been named the ‘Global Free Zone of the Year 2018’ by the Financial Times’ fDi Magazine for a record fourth consecutive year. Central to the national economic diversification strategy, DMCC’s latest set of awards reflect its ability to attract foreign ...

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Dewa awards AED93 million contracts for 990 transformers

Dubai / WAM Dubai Electricity and Water Authority (Dewa) has awarded contracts to design, manufacture, test and supply 11/0.4KV, 1500KVA & 1000KVA Cast Resin Distribution transformers with LV Smart Meters to various leading international transformer manufacturers. The total cost of the 990 transformers is worth around AED 93 million. This supports DEWA’s ongoing efforts to meet various requirements to expand ...

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Dubai Customs receives 11th Arabia CSR award

Dubai / WAM Dubai Customs won first place in the 11th Arabia CSR Awards under the Public Sector Category in recognition of its efforts to demonstrate outstanding leadership and commitment to corporate sustainability. The award, organised by the Arabia CSR Network, saw the participation of more than 800 organisations, representing 31 sectors from 13 Arab countries. By taking advantage of ...

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FNC, Bahrain to strengthen cooperation

Abu Dhabi / WAM Ahmed Shabib Al Dhaheri, Secretary-General of the Federal National Council (FNC), on Sunday met at the FNC’s headquarters in Abu Dhabi, a joint delegation from the Bahraini Shura Council and the Supreme Council of Women of Bahrain. During the meeting, both sides discussed the means of strengthening their cooperation, coordination and partnership, as well as their exchange ...

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UAE hands over chairmanship of Aregnet to Bahrain

Dubai / WAM The Telecommunications Regulatory Authority (TRA), represented by Hamad Obaid Al Mansoori, TRA Director-General, participated in the 16th Annual Meeting of the Arab Regulators Network of telecommunications and information technologies (Aregnet), which was held in Bahrain based on the decisions of the 15th Aregnet meeting, which was hosted by the UAE in Abu Dhabi in September 2017. As ...

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On-and-off wind, solar power pushes coal plants to the brink

Bloomberg The Gentleman coal plant was once the linchpin of Nebraska’s electricity grid, its twin smokestacks visible for miles across the prairie. Now, the state’s biggest power source is routinely pushed aside to make room for more wind and solar energy. Operators ramp it down and then bring it back up again, often on a daily basis. That’s not how ...

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After $600 million hit, India oil refiners may face further pain

Bloomberg The worst may not be over for India’s state-run oil refiners. The request by the central government that they absorb a portion of sweeping fuel price cuts is raising speculation by analysts at Goldman Sachs Group Inc., Citigroup Inc. and Jefferies Group LLC that price controls may be reintroduced or further reductions will be demanded. The move comes amid ...

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Less wind in Europe to bring back dirty plants

Bloomberg Europe will likely need more coal and natural gas this month as the region is spared the usual autumn storms. A high pressure weather system is likely to reroute and block stormy weather that normally travels in easterly paths across northern Europe to boost the output from thousands of wind mills. That will leave the region relying on alternative ...

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