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 ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »Surging South Korean won sparks alarm over exports
Bloomberg The South Korean won’s rally faces resistance as it tests 1,100 versus the dollar, a level that some economists see as a red line for the nation’s export competitiveness. Warnings from authorities are becoming forceful as the won quickly approaches this level. It retreated from around 1,105 after a finance ministry official described recent currency moves as excessive and ...
Read More »Art Basel postpones next HK show to May
Bloomberg Art Basel Hong Kong, one of the most prestigious art fairs in Asia, is postponing its show as the global pandemic has upended international travel, the organisers said Tuesday. The fair will take place from May 21-23 instead of the usual March period, with VIP preview days starting on May 19. This year, Art Basel Hong Kong became the ...
Read More »Oaktree, Apollo lead giants betting on stressed India assets
Bloomberg India’s macroeconomic troubles are attracting a new wave of global investors betting they can eke out profits from the rising number of capital-starved businesses struggling to stay afloat. Some global heavyweights like Apollo Global Management Inc and Oaktree Capital Group have either struck recent India deals or scaled up their teams in the country in a push to invest ...
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