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Bloomberg Greece wants to make all of its inhabited islands ecologically friendly as the country pushes to meet a target of cutting harmful emissions at least 55% by 2030. A nationwide campaign dubbed “GR-eco Islands” will kick off in Chalki, a small island near Rhodes in the eastern Aegean. Chalki will get its electric power entirely from a new 1 ...

Bloomberg AP Moller-Maersk A/S expects shipping markets to remain tight at least into the first quarter with global container demand set to grow faster than previously expected. The world’s largest shipping line said global ocean-based freight shipping will grow between 7% and 9% this year, a percentage point higher than a previous prediction, according to a statement. “Our clients are ...

Abu Dhabi / WAM Al Seer Marine, a marine company that is engaged across multiple marine sectors and a subsidiary of International Holding Company (IHC), on Wednesday announced its financial results for the period ending September 30. Over the nine-month period, the company’s net profit jumped to AED2.45 billion from AED25.40 million in the corresponding period a year ago. The ...

GLASGOW / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Head of the UAE delegation to the 26th Conference of Parties to the United Nations Framework Convention on Climate Change – UNFCCC (COP26), attended on Wednesday the official launch ceremony of the Energy Transition Accelerator Financing (Etaf) Platform, a new global ...

ABU DHABI / WAM The UAE has announced the provision of AED36.7 million ($10 million) to contribute to the reconstruction of some Turkish regions that were affected by wildfires and floods that swept through these areas. The move follows the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of ...

ABU DHABI / WAM Hub71, Abu Dhabi’s global tech ecosystem, and the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), signed a Memorandum of Understanding (MoU) on Wednesday to further progress the technological development and future planning of Abu Dhabi’s culture and tourism sectors. In line with DCT Abu Dhabi’s strategic vision of digital transformation to enhance ...

DUBAI / WAM The governments of the UAE and Germany have discussed ways of establishing a framework for launching new action plans in the energy sector as part of the completion of the “Declaration of Intent” of the joint cooperation signed by both countries in 2017. Both sides agreed to launch an extensive programme that includes forming an action team ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday toured the pavilions of Greece, Australia, Slovak Republic and Estonia at Expo 2020. Speaking during the tour, His Highness said, “Expo 2020 has created a wonderful platform for celebrating the richness, breadth and diversity of ...

DUBAI / WAM Nakheel on Wednesday launched the new “Jebel Ali Village”, a redevelopment of one of the most treasured areas of Dubai into an upscale residential community. Jebel Ali Village will be transformed into a gated, hillside collection of luxury villas set among lush green spaces. The first phase of four and five bedroom villas is on sale from ...

Abu Dhabi / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, has extended his warmest greetings to President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed ...