News

Dewa awards AED118mn water pipeline contract

DUBAI / WAM The Dubai Electricity and Water Authority (Dewa) awarded a AED 118 million contract to supply, fit, and commission 26.5 kilometres of water pipelines across Dubai. According to a press statement, the new project will help achieve vital ongoing projects on Dewa’s infrastructure, and increase water flow to meet demand. “This project is a part of our efforts ...

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AI key for human development, says Omar Al Olama

Dubai / Emirates Business His Excellency Omar Sultan Al Olama, Minister of State for Artificial Intelligence (AI), stressed that advanced technology and Artificial Intelligence are key tools for humanity. Al Olama also highlighted the importance of adopting these tools, developing them, and enabling them through flexible legislation in order to govern their usage. This statement was made during Al Olama’s ...

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Esma looks to ease trade with F&B manufacturers

DUBAI / WAM The Emirates Authority for Standardisation and Metrology (Esma) met with the Food and Beverage Industry Group of the Dubai Chamber of Commerce and Industry (DCCI) to develop opportunities for the food industry and facilitate the flow of import and export movement in a way that supports the movement of goods and food commodities and serves the national ...

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FNC Speaker, Huawei UAE CEO discuss role of nation’s IT sector

ABU DHABI / WAM Dr Amal Abdullah Al Qubaisi, Speaker of Federal National Council (FNC), received Li Shi, CEO of Huawei UAE. During the meeting, the two sides discussed the vital role the UAE’s information technology sector plays, and the various innovative initiatives launched under the leadership’s guidance, to employ the sciences and artificial intelligence for a better future, and ...

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4,000 travellers cross from Hatta border every day

DUBAI / WAM An average of 4,000 passengers a day cross to Oman from the UAE through the Hatta border crossing which makes it a major land transport node for the UAE, Oman and the rest of the GCC countries. “The crossing dealt with more than one million passengers from January to September this year, and that big number of ...

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Editors-in-chief hold coordination meeting at WAM headquarters

ABU DHABI / WAM Editors-in-Chief of various local newspapers held a coordination meeting at the Emirates News Agency’s (WAM), headquarters in Abu Dhabi. During the meeting, attendees discussed means of enhancing cooperation and coordination efforts to support the role of the national media sector in highlighting the UAE’s pioneering accomplishments. They also discussed ways to strengthen knowledge exchange and to ...

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Adnoc’s investor forum focusses on 2030 smart growth strategy

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) hosted 200 members of the global investment and financial community at its inaugural investor forum in Abu Dhabi, providing attendees with a deeper understanding of Adnoc’s transformation and delivery, value creation plans, 2030 smart growth strategy and pipeline of new partnership and co-investment opportunities across its value chain. During ...

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Abu Dhabi Police sets specs for National Day car decals

Abu Dhabi / WAM Abu Dhabi Police (ADP), has set the specifications for decorating vehicles during the UAE’s 47th National Day celebrations, as well as prepared a traffic plan to ensure the safety of pedestrians and drivers alike. According to a statement by ADP, vehicle owners can decorate their cars with appropriate decals from November 25 to December 6. “Drivers ...

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Rhine drought hits oil supply amid cold snap

Bloomberg Germany’s industrial southwest, Switzerland and parts of France face a dearth of fuel supplies in the coming weeks just as freezing temperatures threaten to lift demand for heating oil. A prolonged drought this summer has led to record-low water levels on the Rhine river, closing many parts of the key transport artery to barge traffic. With little relief in ...

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Centrica slumps as price cap to Cut Profit

Bloomberg Embattled commodity trader Noble Group Ltd — which is pushing towards the final stages of a complex $3.5 billion debt-for-equity restructuring — reported another quarterly loss, with the result driven by costs from the revamp as well as getting caught out in the LNG market. The energy segment, which consists of liquefied natural gas, coal and oil liquids in ...

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