News

UAE issues operating licence for Unit 3 at Barakah nuclear plant

  Abu Dhabi / WAM The Federal Authority for Nuclear Regulation (FANR), the UAE’s independent nuclear regulator, on Friday issued the Operating Licence for Unit 3 of the Barakah Nuclear Power Plant to Nawah Energy Company (Nawah), the Emirates Nuclear Energy Corporation’s (Enec) subsidiary responsible for the operation of the nuclear power plant located in the Al Dhafra region of ...

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Emirati firms see 8.9% growth in number of women on board seats

Abu Dhabi / WAM The UAE’s continued efforts to improve gender diversity in the boardroom have led to more women holding board positions this year (8.9 percent), up from 3.5 percent in 2020, according to research undertaken by Aurora50, a social enterprise working towards gender parity in GCC boardrooms, and Mohammed Bin Rashid School of Government. In a first-of-its-kind study ...

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MoIAT, MBZUAI launch training programme on AI industry applications

  ABU DHABI / WAM Industrial leaders in the UAE have participated in the second edition of Industry 4.0 and AI for Industrial Leaders, a professional training programme delivered as part of a collaboration between the Ministry of Industry and Advanced Technology (MoIAT) and Mohamed bin Zayed University of Artificial Intelligence (MBZUAI). The four-day programme is designed to develop knowledge ...

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Etihad Airways returns to Heathrow Terminal 4

  Abu Dhabi / WAM The UAE national airline Etihad Airways has confirmed it will return to London Heathrow’s Terminal 4 from June 22. Etihad is returning to Terminal 4 following a temporary home at Terminals 2 and 3 during the pandemic. Transport connections, including the London Underground and Heathrow Express, will also reopen. The Etihad Lounge will also reopen ...

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Operation Smile UAE starts its medical mission

  Abu Dhabi / WAM Operation Smile UAE, in cooperation with Healthpoint and the Department of Health-Abu Dhabi, will start a new medical mission in the UAE on Saturday, providing free surgeries to patients with cleft conditions over a course of three days at Healthpoint, Abu Dhabi. In January 2011, Operation Smile UAE was established under the patronage of HH ...

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Louvre Abu Dhabi launches second Richard Mille Art Prize

  Abu Dhabi / WAM To mark the museum’s fifth anniversary, Louvre Abu Dhabi and Swiss watchmaking brand Richard Mille announced the second edition of the Louvre Abu Dhabi Art Here exhibition and the Richard Mille Art Prize, which will call on GCC artists (nationals and residents) working in various media to become part of its universal story. Curated by ...

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EU clashes with Hungary over implementing global tax deal

  Bloomberg French Finance Minister Bruno Le Maire said he is determined to get a European Union agreement on a global corporate minimum tax, setting up a clash with Hungary at a meeting of officials in Luxembourg on Friday. Disagreements over how to implement the levy have dogged France’s six month presidency of the EU that concludes at the end ...

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Germany’s steel workers win highest pay rise in 30 years

  Bloomberg Germany’s biggest union said it has won a 6.5% pay rise — the biggest in 30 years — for steel workers in the northwest of the country, setting the stage for upcoming talks in the metals- and electronics industries. The 18-month deal for about 68,000 steel industry employees includes one-off payments of 500 euros ($524) for June and ...

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Europe car sales decline in May to fall for almost a year

  Bloomberg Europe’s new-vehicle sales slumped for an 11th consecutive month as record inflation and falling consumer confidence joined prolonged supply-chain disruptions. Registrations fall 12.5% to 948,149 vehicles in May, the European Automobile Manufacturers’ Association said. Hardest-hit among major automakers was Volkswagen AG, which saw sales drop by more than 21% from the same month last year. After nearly a ...

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Telus buys digital-health firm LifeWorks

  Bloomberg Canadian telecommunications company Telus Corp. said it will acquire digital-health provider LifeWorks Inc. for about $1.8 billion, expanding further into health services as it pursues a diversification strategy. Telus will pay C$33 for each LifeWorks share and is offering the option to take cash or stock or a mix of the two. It’s about an 80% premium to ...

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