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ADFD, Adex sign deals to fund Bahrain water supply project

  Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) and the Abu Dhabi Exports Office (Adex) signed two loan agreements with the Electricity and Water Authority in Bahrain to finance a water supply network project. Under the agreements, ADFD has committed to provide a loan of AED150.6 million, and Adex to provide a loan of AED187.32 million. The ...

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President’s speech underlines roadmap for future of our country

  Abu Dhabi / WAM Dr Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, has said that the historic address of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to the nation reflects the UAE wise leadership’s vision for the future of the country and its community, as well as the outlook of the nation for the coming ...

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Biden warns Iran that US won’t wait ‘forever’ on nuclear deal

Bloomberg President Joe Biden said the US won’t wait “forever” for Iran to agree to new curbs on its nuclear program, while Israeli Prime Minister Yair Lapid warned that his country is prepared to defend itself should Tehran get closer to developing a weapon. “We’ve laid out for the leadership of Iran what we’re willing to accept,” Biden told reporters ...

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EU slashes GDP forecast for euro area, sees 7.6% inflation

Bloomberg The euro area’s rebound from the pandemic will be weaker than anticipated while inflation will be faster because of Russia’s war in Ukraine, according to draft projections by the European Commission. With surging prices crimping demand and the danger of winter energy shortages draining confidence, gross domestic product is likely to advance 2.6% this year and 1.4% in 2023 ...

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Empowering people of UAE is nation’s top priority

Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has said that the people of the UAE, and striving to empower them, has always been and continues to be the nation’s top priority. “Ensuring our people have everything they need to live fulfilled, comfortable, and happy lives, remains the basis of all our future plans,” His ...

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EGA, Japan’s K Line sign deal to decarbonise bulk cargo shipping

  Abu Dhabi / WAM Emirates Global Aluminium (EGA) and Kawasaki Kisen Kaisha (K Line group), one of the world’s largest shipping groups, on Wednesday signed an agreement to cooperate on research and pilot projects to decarbonise bulk cargo shipping. The cooperation is expected to focus on the development and implementation of new marine decarbonisation technologies suitable for EGA’s bulk ...

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Dewa completes digital integration of more than 70 projects

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has completed the digital integration of more than 70 projects with government and private organisations. Through this step, Dewa makes it easier to get a wide range of services, including bill payment, information updates, activation of electricity/water (Move-in), housing fees adjustment, refunds, updating trade license and others. Saeed Mohammed Al ...

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Sri Lanka President Rajapaksa flees to Maldives, air force says

Bloomberg Sri Lankan President Gotabaya Rajapaksa left the country for the Maldives on a military aircraft, an air force spokesman said on television, hours ahead of his expected resignation on Wednesday. The Sri Lankan Air Force provided an aircraft for the 73-year-old leader to leave the country following a decision by the security council, Air Force spokesman Group Captain Dushan ...

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Millions of Americans regret quitting in Great Resignation

Bloomberg About 20 million Americans quit their jobs in the first five months of this year, in what’s come to be known as the Great Resignation. Many now regret the decision, according to a new survey. More than one-quarter of those who left work are reconsidering whether they made the right move, according to a study of more than 15,000 ...

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Top achievers are real investment in future of our nation

Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan received the grade 12 top male and female students for academic year 2021 – 2022, their parents and a number of educational leaders at Qasr Al Bahr on Tuesday. Congratulating the top achievers, President His Highness Sheikh Mohamed bin Zayed said:” I and my guest at this ...

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