News

  Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) announced on Thursday the award of a contract worth $980 million (AED3.6 billion) to Adnoc Drilling to hire two jack-up offshore rigs and associated manpower and equipment. The contract, awarded by Adnoc Offshore, will support the expansion of Adnoc’s production capacity as it responds to the growing global demand ...

Abu Dhabi / WAM Abu Dhabi National Energy Company (Taqa) announced on Thursday a comprehensive 2030 environmental, social and governance (ESG) strategy. The ESG strategy includes the national low-carbon power and water champion’s interim greenhouse gas (GHG) emissions reduction goals and is a credible step towards achieving its net-zero ambitions by 2050. Under the strategy, Taqa has committed to a ...

  Dubai / WAM Zayed University and Oracle on Thursday signed a memorandum of understanding (MoU) at Gitex Global 2022 to expand their partnership into innovative new technologies. This builds on Zayed University and Oracle’s existing 15-year partnership. As part of the new agreement, Oracle will support Zayed University on its digital transformation strategy in the areas of artificial intelligence, ...

Dubai / WAM Enoc Link, an Enoc group innovative digital venture company, on Thursday launched its newest eLink station, located in Living Legends, a residential community in Dubailand. The new eLink station, located in the Andalusia Courtyard, will offer residents and visitors to the community and neighbouring areas easy access and convenient fuelling services from 7 am to 11 pm ...

  Dubai / WAM The Ministry of Health and Prevention (MoHAP) announced the launch of an updated version of its app, combining all other apps into a smart, simple, and user-friendly one. The brand-new app was unveiled on the sidelines of the ministry’s participation in Gitex Technology Week, which is taking place at the Dubai World Trade Centre running until ...

  Bloomberg A key gauge of US consumer prices advanced to a 40-year high in September, underscoring persistent, elevated inflation that’s squeezing households and pushing the Federal Reserve towards another steep interest-rate hike. The core consumer price index, which excludes food and energy, increased 6.6% from a year ago, the highest level since 1982, Labour Department data showed on Thursday. ...

Bloomberg The UK delayed restrictions on Huawei Technologies Co.’s use in broadband networks after BT Group Plc said the original deadline could lead to outages. The restriction on Huawei’s use in network cores — which manage sensitive data and tasks, including security and control functions — will now go into effect in December 2023 rather than January, the UK Department ...

  Bloomberg Italian companies see the economic situation in the country deteriorating, according to a central bank report. Spiraling inflation and uncertainty linked to Russia’s invasion of Ukraine means firms are now the most pessimistic bout their own businesses since the first quarter of 2020, according to the Bank of Italy report based on information gathered between August 15 and ...

Dubai / Gulf Time Anxinsec is participating in the Gitex Global 2022, the Middle East’s most influential exhibition, which runs until October 14. As a leading brand of memory security, Anxinsec presents its competitive product, memory detection and protection system (MDPS), and several scenario-based security solutions at the exhibition. “Gitex Global remains the world’s largest tech show with the most ...

  Manama / WAM The Kingdom of Bahrain has valued the significant efforts made by the President His Highness Sheikh Mohamed bin Zayed Al Nahyan, to reach a peaceful solution of the Ukraine crisis through dialogue and diplomacy. Bahrain said that the talks held by His Highness Sheikh Mohamed in Moscow with the Russian President Vladimir Putin is part of ...