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Oil rises on Covid vaccine progress, Asian demand

Bloomberg Oil rose on expectations that further progress in vaccines against the coronavirus will revive global demand, and amid signs of robust consumption in Asia. Brent futures advanced 1.4% as Pfizer Inc said a final analysis of clinical-trial data indicated its Covid-19 vaccine was 95% effective. The overall price structure of the market also showed the outlook is brightening, with ...

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Zayed Sustainability Prize opens submissions for 2022

ABU DHABI / WAM The Zayed Sustainability Prize has officially announced that the 2022 edition is now open for submissions and that entries started to be accepted from November 18 until May 6, 2021, via the Prize’s online portal -— across five sustainability categories: Heath, Food, Energy, Water and Global High Schools. Applicants that had submitted for now postponed 2021 ...

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Emirates adds A380 services to UK, Russia

Dubai/ WAM Emirates announced plans to operate its popular A380 aircraft four times a day to London Heathrow from November 27 and six times a week to Manchester from December 2, and to deploy additional A380 services to Moscow from the current two-a-week, to a daily service from November 25. Emirates will also increase flights to Birmingham and Glasgow from ...

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ZU, Egypt’s Arab Academy discuss academic cooperation

DUBAI / WAM Zayed University (ZU) held a webinar session virtually, organised by the College of Humanities and Social Sciences at Zayed University and the College of Archaeology and Cultural Heritage at the Arab Academy for Science, Technology and Maritime Transport in Egypt, to discuss ways of cooperation between the two universities in the fields of culture and heritage. Noura ...

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Sharjah’s achievements make everyone optimistic for future

SHARJAH / WAM HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of the Sharjah Executive Council, said that the Emirate’s overall achievements, under the leadership of HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has “made everyone more optimistic about the future.” In an exclusive interview ...

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Zayed Sustainability Prize opens entries

Abu Dhabi / WAM The Zayed Sustainability Prize has officially announced that the 2022 edition is now open for submissions and that entries will be accepted until May 06, 2021, via the Prize’s online portal — across five sustainability categories: Heath, Food, Energy, Water and Global High Schools. The opening for submissions follows a decision that was taken by the ...

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Barakah nuclear plant Unit 1 reaches 80% power capacity

Abu Dhabi / WAM Nawah Energy Company, the Joint Venture nuclear operations and maintenance subsidiary and Korea Electric Power Corporation (KEPCO) announced on Wednesday that the reactor of Unit 1 of the Barakah Nuclear Energy Plant has achieved 80 percent of the Unit 1 reactor’s rated capacity power. The milestone is an important step in the ongoing Power Ascension Testing ...

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UAE deliberates future of health, medical services

DUBAI / WAM Upon the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to ensure government integration and interoperability towards architecting the country’s future and charting its comprehensive development plan for the next fifty years, the UAE government have held consultation meetings that focussed on the future of health and ...

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US commission’s urgent plan may delist Chinese companies

Bloomberg The US Securities and Exchange Commission (SEC) is pushing ahead with a plan that threatens to kick Chinese companies off US stock exchanges, setting up a late clash between Washington and Beijing as the Trump administration winds down. By the end of this year, the SEC intends to propose a regulation that would lead to the delisting of companies ...

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India’s Modi seeks funding for smarter cities post pandemic

Bloomberg Prime Minister Narendra Modi is keen to attract foreign investment to modernise India’s urban centers as the world’s second-most-populous nation rebuilds its economy after the coronavirus pandemic halted activity. Covid-19 has given governments the chance to accelerate the “process of making cities more livable for people,” Modi said in his speech at the Bloomberg New Economy Forum. “We are ...

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