ABU DHABI / WAM The UAE Circular Economy Council convened its second meeting of 2022, presided over by Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment. The council approved 22 policies proposed by its subsidiary, the Circular Economy Policies Committee, that focus on accelerating the implementation of the circular economy model in the UAE in four ...
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Dewa’s energy production capacity reaches 14,117MW
Dubai / WAM Dubai Electricity and Water Authority (Dewa) announced that the total production capacity of energy has reached 14,117 megawatts (MW) after adding 700MW. This includes 600MW from the Hassyan Power Complex, which runs on natural gas, and 100 MW from photovoltaic (PV) solar panels at the 5th phase of the Mohammed bin Rashid Al Maktoum Solar Park, ...
Read More »Maltese trade mission all set to visit UAE in mid-September
DUBAI / WAM Humaid Mohammed bin Salem, Secretary-General of the Federation of UAE Chambers of Commerce and Industry (FCCI), and Maria Camilleri Calleja, Ambassador of Malta to the UAE, have met to discuss the preparations for the visit of the Maltese trade mission to the country in mid-September. The visit aims to seize investment opportunities in the UAE and ...
Read More »ADJD holds webinar on anti-money laundering
ABU DHABI / WAM The Abu Dhabi Judicial Department (ADJD) organised a webinar on the “Mechanisms to combat money laundering and terrorism financing and the Obligations of Legal Professionals, Officers of the Court and Others Towards these Crimes in the Light of UAE Legislation and Judiciary, and International Experiences”, as part of the efforts to strengthen anti-money laundering endeavours ...
Read More »Tesla Model 3 joins Dubai Taxi fleet on a trial basis
DUBAI / WAM Dubai’s Roads and Transport Authority (RTA) announced that Tesla Model 3 had been added to Dubai Taxi Corporation’s taxi fleet on a trial basis, following the huge success of operating 172 Tesla vehicles in the limousine service since 2017. The trial operation aims to verify the efficiency of the vehicle when deployed on the taxi fleet ...
Read More »Tesla Model 3 to join Dubai Taxi fleet on trial basis
DUBAI / WAM Dubai’s Roads and Transport Authority (RTA) announced that Tesla Model 3 had been added to Dubai Taxi Corporation’s taxi fleet on a trial basis, following the huge success of operating 172 Tesla vehicles in the limousine service since 2017. The trial operation aims to verify the efficiency of the vehicle when deployed on the taxi fleet ...
Read More »SIB to launch wealth management, remittance services for NRIs
Dubai / Gulf Time South Indian Bank Limited (SIB), a major private sector bank headquartered in Kerala, India, will be launching special wealth management service, deposit scheme, life insurance scheme, trade-related payments and remittance service and mutual fund products for the non-resident Indians (NRIs). Announcing this, Murali Ramakrishnan, CEO, South Indian Bank Ltd, who is in Dubai on an official ...
Read More »US labour demand to show resilience as economy cools
Bloomberg Employers in the US probably added workers at a more moderate yet still healthy pace last month as the jobless rate held near its lowest level in decades, suggesting resilient labour demand even as the economy cools. The government’s latest payrolls tally is projected to show a 273,000 increase for June, based on the Bloomberg survey median. The ...
Read More »Italy readying plan to extend fuel tax holiday
Bloomberg Italy’s government plans further measures to cushion the impact of high energy prices, including extending a fuel tax holiday to the beginning of October, Il Messaggero newspaper reported. The package, likely to be approved in the second half of July according to the newspaper, would be worth around 8 billion euros ($8.3 billion). The cost would be covered ...
Read More »Germany’s union head warns of collapse of entire industries
Bloomberg Top German industries could face collapse because of cuts in the supplies of Russian natural gas, the country’s top union official warned before crisis talks with Chancellor Olaf Scholz starting Monday. “Because of the gas bottlenecks, entire industries are in danger of permanently collapsing: aluminum, glass, the chemical industry,†said Yasmin Fahimi, the head of the German Federation ...
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