News

Bloomberg Subsidies paid to UK farmers could be replaced after Brexit by cash from selling carbon credits, inducing more landowners to plant trees and protect marshlands that sequester greenhouse gases. Carbon farming has gained traction alongside markets that put a price on pollution. It’s an agricultural technique that stores carbon dioxide emissions by regenerating soil and vegetation. Farmers can potentially ...

Abu Dhabi / WAM The Khalifa bin Zayed Foundation will distribute humanitarian relief and food assistance to around 30,000 Sudanese families affected by torrential rains and flash floods that swept Sudan in early August, a foundation source has announced. The source said a field relief team of the foundation had held a series of meetings with Dr. Mohmmed Fadhlallah, Deputy ...

Bloomberg Oil posted the biggest weekly gain since July as Federal Reserve Chairman Jerome Powell sought to calm fears of a possible recession following a lackluster jobs report that was seen as dimming the demand outlook. Futures in New York rose 0.4% on September 6, erasing earlier losses. Powell said the most likely outlook for the US and world economy ...

SHARJAH / WAM Rashid Al Leem, Chairman of Sharjah Electricity and Water Authority (Sewa), received Marianne Nissila, Ambassador of Finland to the UAE, and a number of officials to brief them on Sewa’s innovative initiatives in the fields of energy efficiency and environmental preservation, provision of ideal working environment for employees. They discussed ways of cooperation in the fields of ...

Abu Dhabi / Emirates Business With one month left until the grand opening of second edition of Abu Dhabi International Boat Show (ADIBS 2019), the event has attracted several prestigious exhibitors, sponsors and partners from the UAE and across the globe. Set to run from October 16-19 the highly anticipated exhibition will showcase the latest trends in leisure marine from ...

Abu Dhabi / Emirates Business The Federal Tax Authority (FTA) conducted two simultaneous awareness and inspection campaigns to verify compliance with the ‘Marking Tobacco and Tobacco Products Scheme’ in the first month since the ban on selling cigarettes not bearing the Digital Tax Stamps in local markets went into effect. The Stamps placed on cigarettes allow for tracking the products ...

ABU DHABI / WAM The UAE and Uzbekistan launched the first Public Sector Innovation Diploma to build capacities of the first generation of Chief Innovation Officers in Uzbekistan, during the innovation workshops conducted by Mohammed bin Rashid Centre for Government Innovation (MBRCGI) in Tashkent. The initiative was announced during an official visit of the UAE government delegation to Uzbekistan as ...

Abu Dhabi / WAM The Abu Dhabi Labour Tribunal at the Abu Dhabi Judicial Department (ADJD), in cooperation with the Ministry of Human Resources and Emiratisation and Abu Dhabi General Services (Musanada), has succeeded in ending a collective labour dispute involving 320 workers during a record period, where the court moved to the labour camp using ADJD Mobile Court and ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, emphasised that the UAE today has become an inspiring and a distinguished role model in the region as many countries across the globe are watching its achievements. His Highness Sheikh Mohamed bin Rashid made these remarks while presiding ...

Sharjah / WAM The Sharjah Economic Development Department (SEDD), announced that the emirate’s economic development indicators have achieved remarkable growth in the first half of 2019, with 31,190 licences issued or renewed, posting a growth rate of four percent. The SEDD report revealed that business licences issued during this period hit an increment of 15 percent with 2,740 while renewed ...