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RTA cuts energy use in all operations by 18%

Dubai / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), announced that RTA had achieved the targeted energy efficiency performance indicators 2021 and reduced total energy consumption in all operations and projects by 18%, when compared with average consumption from 2016 to 2019. It also managed to reduce ...

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ADX tops Arab region in market value increase

  Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX) was the leading Arab financial market in terms of performance last week, as its index surged by 3.6%, and its market value by 3.03%, according to the Arab Monetary Fund (AMF). In its weekly bulletin on Arab capital markets’ performance, the AMF noted that the market value of Arab ...

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Sheikh Mohamed and Egyptian President discuss fraternal ties

AL ALAMEIN, Egypt / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has arrived in Al Alamein City on a fraternal visit to the Arab Republic of Egypt. Upon his arrival at Al Alamein International Airport, President His Highness Sheikh Mohamed bin Zayed was received by President of Egypt, Abdel Fattah el-Sisi. While welcoming President HH Sheikh Mohamed ...

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WGES to encourage investment partnerships in green projects

  Dubai / WAM The 8th World Green Economy Summit (WGES), to be held in Dubai, will focus on developing investment partnerships in green projects and financing. It will promote investment and employment opportunities provided by the green economy. During the summit, several local and global high-profile participants, including heads of states and governments, as well as prominent global speakers, ...

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Sheikh Mohammed issues law affiliating Dubai Media Inc to Dubai Media Council

  Dubai / WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has issued Law No. (6) of 2022 affiliating Dubai Media Incorporated (DMI) to Dubai Media Council and endorsing its objectives, tasks, and organisational structure. DMI was established pursuant to Law No. (8) ...

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Souq Al Jubail Dates Festival registers sales of 38 tonnes

  SHARJAH / WAM In its seventh edition since it opened last month, the Dates Festival in the emirate of Sharjah has, until mid-August 2022, recorded sales volumes of more than 38,250 kilogrammes, or 38 tonnes. The festival has witnessed a great turnout from UAE citizens, residents, and visitors, who have come for the different types of dates available. It ...

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UAE ambassador to Iran to resume duties

  Abu Dhabi / WAM In line with UAE efforts to strengthen relations with the Islamic Republic of Iran, and as part of a previous decision to increase diplomatic representation to the rank of ambassador, and the recent phone call in this regard, held in July 26, between HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and ...

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ZHO, FCA sign deal to offer integrated social services

  Abu Dhabi / WAM The Zayed Higher Organisation for People of Determination (ZHO) and the Family Care Authority (FCA) in Abu Dhabi have signed a memorandum of understanding (MoU) to enhance their mutual cooperation in delivery of integrated social services for people of determination and their families. Covering various forms of social case management services, prevention, treatment, rehabilitation, training, ...

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Wildfires in Europe burn area equivalent to one-fifth of Belgium

Bloomberg Drought and extremely high temperatures made worse by climate change across Europe have led to record levels of fire activity in the continent, with blazes burning through an area roughly equivalent to one-fifth of Belgium. Wildfires in the European Union have consumed 660,249 hectares (1,631,511 acres) of land for the year through August 13, according to data from the ...

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UK borrows more than forecast as inflation drives up debt costs

  Bloomberg UK government borrowing came in higher than forecast in the first four months of the fiscal year as soaring inflation drove up debt costs. A larger-than-forecast £4.9 billion budget deficit in July took the total for 2022-23 so far to £55 billion pounds — £3 billion more than officials forecast in March. Debt-servicing costs surged by 81% from ...

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