Blog List Layout

Dubai, noon.com partner to support Emirati DED Trader licence holders

DUBAI / WAM Dubai Economy has partnered with noon.com, the region’s leading homegrown digital marketplace, to connect local startups that have a Dubai Economy’s DED Trader licence with customers across the region through its Mahali digital store. The creation of Mahali on noon.com and the partnership with the Dubai Economy reflect the efforts of both entities to further drive digital ...

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Startup making diesel from plastic tops $1b value

Bloomberg Quantafuel AS, a Norwegian company turning plastic waste into motor fuels, jumped the most ever in Oslo trading after finally starting operations at its first plant. The company, which was founded in 2014, has more than tripled in value since listing on Oslo’s Merkur Market in February. It’s now valued at more than $1 billion. Quantafuel started production at ...

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More Belarus oppn leaders disappear amid crackdown

Bloomberg The embattled Belarusian opposition lost contact with two more members of its coordination council as authoritarian President Alexander Lukashenko targets the leaders of the biggest protests of his 26-year rule. Lawyers Maksim Znak and Ilya Saley were targeted in separate raids on Wednesday, opposition spokesman Gleb Germanchuk said. Znak managed to tell him that “someone came to visit us” ...

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UAE launches smart anti-money laundering system ‘Fawri Tick’

Abu Dhabi / WAM In its continuous efforts to eliminate risks of financial crimes in the UAE, the National Committee for Combating Money Laundering and the Financing of Terrorism and Illegal Organisations announced in its sixth meeting, the launch of ‘Fawri Tick ’, a smart system developed by the Federal Authority for Nuclear Regulation (FANR). “‘Fawri Tick’ is under the ...

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Dubai and Canada discuss post-Covid economic recovery

Dubai / WAM The Dubai Chamber of Commerce and Industry and the Consulate-General of Canada in Dubai discussed opportunities in areas such as digitalisation, logistics, e-commerce, life sciences and sustainable technologies, via videoconference. The meeting, which was chaired by President and CEO of Dubai Chamber of Commerce and Industry Hamad Buamim and Consul-General of Canada in Dubai Jean-Philippe Linteau, highlighted ...

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DIFC’s Gate Avenue gets LEED Gold certification

Dubai / WAM The Dubai International Financial Centre’s (DIFC) Gate Avenue has been awarded the prestigious LEED (Leadership in Energy and Environmental Design) Gold accreditation from the US Green Building Council and Green Building Certification Inc. Gate Avenue was awarded the LEED certification for successfully fulfilling the prerequisites and credits across nine measurements for building excellence from integrative design to ...

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Egypt in talks to sell extra power

Bloomberg Egypt has begun talks over plans to sell electricity to Europe and Africa, pressing its advantage as a producer of cheap renewable energy in a bid to become a regional export hub, the head of its sovereign wealth fund said. The nation, which has a surplus of electricity, sees unspecified “power-hungry” countries to the north as possible customers, according ...

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China, India trade charges of violating border firearm curbs

Bloomberg India and China accused each other of firing warning shots in the air along their disputed Himalayan border for the first time in more than four decades in a new sign of friction days after top officials on both sides agreed to defuse tensions. Indian troops “illegally crossed the Line of Actual Control on the southern bank of Pangong ...

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Sultan Al Jaber calls for more public-private partnerships

Abu Dhabi / WAM Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, held his first meeting with the members of the Industrial Coordination Council (ICC) outlining the leadership’s vision to advance the nation’s industrial sector and the critical role the ICC plays in supporting the ministry’s mandate. Dr Al Jaber, who was joined in the virtual ...

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Salam Beirut initiative allocates $100,000 to repatriate migrants

Sharjah / WAM Salam Beirut, an international emergency aid campaign launched in the UAE to support the victims of the devastating explosion that struck Port Beirut, has announced an estimated allocation of $100,000 for the repatriation of migrant workers who are facing increasing hunger and homelessness in the Lebanese capital. Launched in August by HH Sheikha Jawaher bint Mohammed Al ...

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