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Dubai / WAM The conservation programmes and initiatives launched by the Dubai Electricity and Water Authority (Dewa) have achieved cumulative savings of 2.2 terrawatt hours (TWh), of electricity and 7.8 billion gallons of water between 2009 and 2019. The results are the equivalent of AED1.3 billion in savings and a reduction of 1.136 million tonnes of carbon emissions. Between 2009 ...

Abu Dhabi / Emirates Business Maqta Gateway, developer and operator of the first Port Community System in the UAE and a wholly-owned subsidiary of Abu Dhabi Ports on Sunday announced the launch of Industrial Zone Services through its pioneering Single Window platform, in partnership with ZonesCorp, the UAE’s largest operator of purpose-built Economic zones. A development that comes in continuation ...

Dubai / WAM The annual Consumer Price Index (CPI), rate in the emirate of Dubai dropped by 1.20 percent in February compared to the same period in 2019, according to figures released by Dubai Statistics Centre (DSC) on Sunday. The DSC monthly report noted decline in CPI was driven by the decrease in prices of housing, water, electricity, gas and ...

Bloomberg Kansai Electric Power Co selected Vice President Takashi Morimoto as the new president, replacing Shigeki Iwane, after getting a report from a committee investigating the utility’s payoff scandal. A total of 75 officials from Kansai Electric took cash and presents worth about 360 million yen ($3.4 million) from Eiji Moriyama, a former deputy mayor of the town of Takahama, ...

Bloomberg Thailand said it will classify all travellers into three groups under intensified surveillance for the new coronavirus as officials try to prevent a wider outbreak in the tourism-reliant nation. People coming from China, Hong Kong, Macau, South Korea, Iran and Italy will be subject to mandatory 14-day self-quarantine, the Tourism Authority of Thailand said in a statement. They must ...

Bloomberg Lodha Developers International Ltd said it has repaid its $324 million bonds maturing on March 13, a refinancing investors saw as a key test for Indian borrowers amid nation’s credit crunch. The firm, which is building the Trump Tower in Mumbai, last week sold a $200 million bond to part-refinance the existing note, launched a last-minute tap this week ...

Bloomberg Data on China’s industrial output, investment and retail sales due on Monday are forecast to show an across-the-board contraction for the first time on record, evidence of the extent to which the coronavirus has ravaged the economy. The data is released on a combined basis to account for the normal seasonal swings around the Lunar New Year holiday. The ...

Bloomberg All arrivals to Singapore from the Asean group of nations as well as Japan, Switzerland and UK will have to self-isolate for two weeks in the city-state’s latest measure to tackle the coronavirus pandemic. The only exception will be to Singapore’s land and sea border crossings with Malaysia due to the special relationship between the two nations, Minister for ...

Bloomberg Metro Manila, a region of 12 million people, entered a month-long lockdown on Sunday as Philippine President Rodrigo Duterte considers a plan to impose a curfew on the area to try and contain the coronavirus outbreak. Hours after Metropolitan Manila Development Authority General Manager Jose Arturo Garcia Jr. said that a 8 pm to 5 am curfew will be ...

Bloomberg Italian unions and business representatives signed an accord to protect workers nationwide from the spread of the coronavirus in a bid to keep at least some production up and running. “It is a primary objective to combine the continuation of production activities with the guarantee of conditions of health and safety in the workplace and working methods,” according to ...