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Abu Dhabi / WAM The UAE is to increase the efficiency of the three most energy-consuming sectors (transport, industry and construction) by 40 per cent, Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure has said. In a statement he made on Monday following the launch of the national water and energy demand management programme by the cabinet, Al ...

Abu Dhabi / WAM The Emirates Red Crescent (ERC) signed a Memorandum of Understanding (MoU) with Al Yah Satellite Communications Company (Yahsat) related to providing advanced technological solutions, promoting remote learning and supporting the digital school initiatives of many countries affected by disasters and crises, as part of the ERC’s initiatives for the “50th Year.” The MoU aims to support ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, launched the Industrial Strategy “Operation 300bn”. The 10-year comprehensive strategy aims to empower and expand the industrial sector to become the driving force of a sustainable national economy, increasing its contribution to the GDP from the current ...

Dubai / WAM Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the World Government Summit has launched an exceptional edition of the Best Minister Award in the world, to honour leading figures who have made distinguished achievements serving humanity in facing the difficult global ...

Dubai / WAM To boost the momentum of climate action in the Middle East and North Africa (Mena) region and support the shift towards a new model for sustainable growth, the UAE will host the Mena Climate Week 2022, the first event of its kind in the Mena region. Set to take place on March 2-3, 2022, on the sidelines ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 185,531 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Monday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...

Dubai / WAM Dubai International Financial Centre (DIFC) has announced that its membership of the World Alliance of International Financial Centres (WAIFC) has been unanimously approved by its Board. DIFC will use its membership to collaborate with members who represent other leading global financial centres including London, Frankfurt, Paris, Tokyo and Toronto. As the highest ranked global financial centre in ...

Bloomberg A surge in coronavirus cases in India could hurt the economy’s recovery from a rare recession, as curbs to avoid a new wave creates delays in putting millions who lost their jobs to the pandemic back to work. “There is a restless urgency in the air in India to resume high growth, and incoming data point to even contact-intensive ...

Bloomberg Japanese prosecutors on Monday formally charged two Americans with aiding in the escape of former Nissan Motor Co. Chairman Carlos Ghosn, who fled trial in Japan over a year ago. Michael Taylor, 60, and Peter Taylor, 28, helped Ghosn illegally leave Japan in December 2019, where he was facing charges of financial misconduct, prosecutors said in a statement on ...

Bloomberg Ant Group Co. created an investment advisory platform on its Alipay app, allowing companies that offer robo adviser services to reach its 1 billion users. Five Chinese asset management companies debuted on the platform known as Tougu Guanjia, which means investment advisory manager. Users will be able to choose robo advisory services from the platform that functions like a ...