News

  DUBAI / WAM The Ministry of Health and Prevention (MoHAP) has recently organised a workshop for the National Nutrition Committee, in cooperation with the World Health Organization (WHO), to develop the 2nd edition of the national nutrition strategy 2022-2030 and the related action plan. The workshop is part of the Ministry’s plans to improve the nutritional status of the ...

  ABU DHABI / WAM Edge Group entity, BEACON RED, an advanced solutions provider focusing on tackling complex national security threats, on Thursday announced a strategic agreement with CompTIA, the leading provider of vendor-neutral certifications for information technology (IT) professionals, to deliver globally recognised training in the UAE and wider Middle Eastern and North African (Mena) region. The announcement was ...

  Abu Dhabi / WAM Emirates Water and Electricity Company (Ewec) has issued the Request for Proposals (RFP) to qualified companies and consortiums that had expressed interest in developing the new Shuweihat S4 Reverse Osmosis (RO) Independent Water Project (IWP). The Shuweihat S4 project will desalinate seawater using RO, a low carbon-intensity technology, to supply up to 318,225 cubic metres ...

Bloomberg The White House is asking Congress for $32.5 billion in emergency funding to boost its response to Russia’s invasion of Ukraine and tackle the ongoing fight against the coronavirus. President Joe Biden’s administration has requested $10 billion for Ukraine, money that will be used to address the mounting humanitarian crisis as well as assist its defense against Russia. Of ...

  Bloomberg Amazon.com Inc and its sparring partner Future Retail Ltd. will hold talks to resolve a dispute over the sale of the latter’s assets to Reliance Industries Ltd, a move that could end a bitter litigation that delayed payments to bondholders and deepened losses for Future’s former-billionaire founder. During a Supreme Court hearing Thursday, Future’s lawyers agreed to a ...

  Bloomberg Applications for US state unemployment insurance fell by more than forecast to the lowest level since the start of the year, as Covid-19 cases decline and restrictions ease. Initial unemployment claims decreased by 18,000 to 215,000 in the week ended February 26, Labor Department data showed Thursday. The median estimate called for 225,000 applications in a Bloomberg survey ...

  Bloomberg The European Union can slash imports of Russian gas by a third within a year by increasing purchases from elsewhere, ramping up renewables and boosting energy efficiency, according to the International Energy Agency. Under a 10-point plan published Thursday, the IEA said that efforts to phase out Russian gas can still be compatible with the bloc’s climate ambitions. ...

  Bloomberg Even after a salary cut, Denise Coates’ paycheck is hard to beat. The 54-year-old founder and co-chief executive officer of Bet365 Group Ltd got about 300 million pounds ($400 million) in pay and dividends in the year to March 2021, according to a registry filing, taking her total pay from the online bookmaker’s past two financial years to ...

  Bloomberg Finland’s Fortum Oyj will stop all new investment projects and cut the number of its power plants in Russia, pulling back just as it looks to bolster energy generation at home. The utility is following global energy giants from BP Plc to Exxon Mobil Corp. in retreating from Russia after President Vladimir Putin’s invasion of Ukraine. While Fortum ...

  ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic), one of the leading regional multi-line insurance providers for corporates and individuals in the UAE, has launched a new UAE National Training programme ‘Emkanati’, in line with company’s Emiratisation strategy. As part of “Emkanati”, national employees have been selected to undergo a training in Adnic’s business underwriting divisions. The ...