News

ABU DHABI / WAM The Federal Authority for Nuclear Regulation (FANR) has hosted a three-day workshop for its Safeguards team on Additional Protocol Commodity Identification. Delivered by the US Department of Energy/National Nuclear Security Administration (DOE/NNSA), the training aims to provide familiarity with the ‘especially designed or prepared’ materials and equipment list in the Additional Protocol, which could be used ...

DUBAI / WAM The Mohammed bin Rashid Space Centre (MBRSC) announced that the nine qualified candidates of the UAE Astronaut Programme have arrived in Moscow, Russia, for their mission specific medical examination. The Programme was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness ...

DUBAI / WAM The Emirates Central Cooling Systems Corporation (Empow-er), world’s largest district cooling services provider, announ- ced its sponsorship as a global partner in 5th World Green Economy Summit (WGES 2018). WGES will be held under the patronage of the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on October 24 ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) launched a pilot project to install and test a 1.2MW/7.2MWh Sodium Sulphur Battery Energy Storage System (NaS BESS) at the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world. The authority will connect the storage systems to its grid. The project in cooperation with Amplex ...

DUBAI / WAM Preparations are now underway for the upcoming “UAE Maritime Week 2018,” a first-of-its-kind event on the regional map, being held under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council. Organised by the Dubai Maritime City Authority (DMCA) from October 28 to November 1, ...

Bloomberg The Trump administration’s plan to relax fuel-economy and vehicle pollution standards could be a boon to US oil producers who’ve quietly lobbied for the measure. The proposal would translate into an additional 500,000 barrels of US oil demand per day by the early 2030s, about 2 to 3 percent of projected consumption, according to government calculations. “It’s a increase ...

Bloomberg Saudi billionaire Prince Alwaleed Bin Talal has invested 1 billion riyals ($267 million) into music streaming company Deezer, his first deal since being detained last year in a government crackdown on corruption. The prince’s Kingdom Holding Co. investment vehicle and his media company Rotana Group have bought new shares in Deezer, according to a statement from Alwaleed’s office. Deezer ...

Bloomberg New York regulators declined to renew an air permit for a controversial 680-megawatt natural gas-fired power plant in New York state, effectively shutting it down just before it was poised to go into service. The Department of Environmental Conservation denied the renewal application. The agency said the owner Competitive Power Ventures Inc. did not have a Title V Clean ...

Bloomberg A $42 billion merger to create what would become the world’s largest gas producer is facing an unexpected hurdle from the US antitrust regulator that could derail the deal. The Federal Trade Commission indicated it wants Germany’s Linde AG and Praxair Inc. to sell more assets before it approves their deal, Linde said in a statement to the markets. ...

Bloomberg The Brexit negotiations are more likely to end in failure than in success, UK International Trade Secretary Liam Fox said, adding to a growing sense that Britain is heading for a messy divorce from the European Union. There’s a 60 percent likelihood of a no-deal outcome, Fox told the Sunday Times in an interview. He blamed the European Commission ...