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World is facing unparalleled fiscal, monetary policy issues

Dubai / WAM Younis Haji Al Khoori, Undersecretary of the Ministry of Finance (MoF) participated on Saturday in the fourth meeting of the Group of Twenty (G20) Finance and Central Banks’ Deputies which was held remotely on July 16 and 17. The meeting discussed the third G20 Finance Track Communiqué which reflects the group’s commitment to bring the financial response ...

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Adnoc launches initiative to promote STEM education among kids

Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc), announced on Saturuday an exciting initiative to enhance Science, Technology, Engineering, and Mathematics (STEM) education among kids in the UAE. The initiative, called “STEM@Home”, enables children to remotely access STEM resources and learn new skills through engaging science-based challenges. Adnoc embarked on the initiative to promote STEM education online ...

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Arab Space Pioneers draws 37,000 applications

Dubai / WAM Within two weeks of its launch, the Arab Space Pioneers drew an overwhelming 37,000 applications from creative talents, researchers and inventors across the Arab world. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, launched the first-of-its-kind specialised training programme earlier in July in line with the ...

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Tadweer recycles 1.2 tonnes of construction, demolition waste

Abu Dhabi / WAM The Abu Dhabi Waste Management Centre (Tadweer) has stepped up its efforts to recycle the Construction and Demolition (C&D) waste in Abu Dhabi as part of the centre’s strategic plan to implement a world-class waste management system in the emirate. The move is part of Tadweer’s commitment to implementing the Abu Dhabi Executive Council’s resolution that ...

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One-third of US solar projects relied on rule that’s changing

Bloomberg A landmark 40-year-old law that’s been key to the growth of renewable energy in the US is being effectively overhauled, threatening to curb demand for solar projects. Federal regulators imposed new limits on which energy projects fall under the Public Utility Regulatory Policies Act, known as Purpa, which helped spur an entire generation of solar and wind farms across ...

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Biden: Republicans to have ‘epiphany’ if he is elected

Bloomberg Democratic presidential nominee Joe Biden predicted that big wins for his party in November could lead to an “epiphany” that convinces Republicans to join Democrats in pulling the country out of crisis. “If we win as big as we possibly can, there’s going to be a great, great epiphany that’s going to take place, as we Catholics say,” Biden ...

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UAE begins world’s 1st phase III clinical trial of Covid-19 vaccine

Abu Dhabi / WAM The first World Health Organisation (WHO) enlisted global clinical Phase III trial of Sinopharm CNBG’s inactivated vaccine to combat Covid-19 has started in Abu Dhabi in the United Arab Emirates, and has been inspired by the UAE Leadership’s vision and commitment to overcome the pandemic through a global collaborative effort. Sheikh Abdullah bin Mohammed Al Hamed, ...

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Covid-19: UAE sends second medical aid plane to Burkina Faso

Abu Dhabi / WAM The United Arab Emirates on Thursday sent an aid plane carrying 8 metric tons of medical supplies and testing kits to Burkina Faso. This aid will assist approximately 8,000 medical professionals as they work to contain the virus, bolstering the country’s efforts to curb the spread of Covid-19. “Based on the UAE’s leading and humanitarian role ...

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UAE ranked first in seven global health indices: FCSA

ABU DHABI / WAM In 2019, the UAE was ranked first in seven global health indexes, according to the Federal Competitiveness and Statistics Authority (FCSA). A report by the authority pointed out that the UAE was ranked first internationally in the “Low HIV Prevalence Index,” the “National Early Detection Programmes Index,” the “Low Rate of Health Problems Index,” the “Health ...

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Joe Biden calls for $2trn in spending on clean energy

Bloomberg Joe Biden called for setting a 100% clean-electricity standard by 2035 and investing $2 trillion over four years on clean energy, three people familiar with his plan said. The Democratic nominee’s new commitments mark a clear shift towards progressives’ environmental priorities and cutting the use of fossil fuels. The people briefed on his plan spoke on the condition of ...

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