News

Bloomberg Canada’s transportation authority imposed new rules on its two largest railroad companies operating in wildfire-ravaged British Columbia as it investigates whether a freight train caused a blaze that destroyed a village two weeks ago. Canadian National Railway Co. and Canadian Pacific Railway Co will have to ensure they can respond within 60 minutes to any fire detected along rail ...

Bloomberg Microsoft Corp. has agreed to acquire RiskIQ, a security software maker, as the tech giant tries to expand its products and better protect customers amid a rising tide of global cyberattacks. The deal will be announced as soon as the next few days, said the people, who asked not to be identified speaking about an acquisition that isn’t yet ...

DUBAI / WAM HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has inaugurated a series of road networks and strategic development projects implemented with the aim of shortening the distance and transportation time between various regions and emirates in the country. Completed at a total cost of AED1.95 billion, the projects were implemented ...

ABU DHBAI / WAM The value of Abu Dhabi’s foreign trade of foodstuffs amounted to AED7.51 billion during the first five months of 2021, reflecting emirate’s maintain its commercial activity levels, according to data issued by the General Administration of Customs in Abu Dhabi (Abu Dhabi Customs). In terms of foodstuff trade, the number of customs transactions reached 72,918 (66,389 ...

ABU DHABI / WAM The Ministry of State for Federal National Council (MFNCA) has presented the success of its political engagement process at third Forum of Electoral Management Bodies in Arab States, with its theme ‘Electoral Systems in Arab Countries’. Held over three days, the virtual forum was organised by the League of Arab States’ Electoral Affairs Department, in conjunction ...

ABU DHABI / WAM Abu Dhabi National Oil Company (Adnoc), announced on Monday, that it has joined Hydrogen Council — an international organisation that aims to accelerate the global position of hydrogen through its member companies. Hydrogen and its carrier fuels have great potential as new, low carbon fuels, which Adnoc and the UAE are well placed to capitalise upon. ...

DUBAI / WAM World Security, an affiliate of DP World, UAE Region, kickstarted 2021 on a high note with projects in varied crucial sectors, ranging from retail, government institutions and the hospitality sector. Building strong partnerships and collaborations is one of the core values of World Security. Working on this principle, the company has carved a way for itself by ...

DUBAI / WAM The Ministry of Energy and Infrastructure on Monday signed Memoranda of Understanding (MoU) with the Emirates Development Bank (EDB), the Emirates Islamic Bank (EIB), Dubai Islamic Bank (DIB) and Ajman Bank (AB). The signing was attended by Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure. The MoUs facilitate the financing of additional loans for beneficiaries ...

ABU DHABI / WAM Abu Dhabi Ports has developed a new transparent classification system for residential accommodations to help companies efficiently select tailored housing solutions for their employees. The Star Rating Programme, first-of-its-kind in the UAE, assigns five, four, three, two, and one-star ratings to communities under Abu Dhabi Ports’ supervision, based on the amenities available to residents, including services, ...

ABU DHABI / WAM Nawah Energy Company (Nawah), the Emirates Nuclear Energy Corporation’s (Enec) Joint Venture nuclear operations and maintenance subsidiary, has signed a five-year Original Equipment Manufacturer (OEM) support agreement with Westinghouse Electric Company. Leveraging the expertise of the best performing international nuclear energy experts, the agreement brings the benefit of Westinghouse’s OEM expertise in operational support, maintenance, engineering, ...