News

  Bloomberg General Motors Co. is set to announce a $1 billion US investment plan, joining Hyundai Motor Co. and Kia Motors Corp. among the latest automakers to outline their spending amid pressure from President-elect Donald Trump to create jobs. The largest US automaker plans to say on Tuesday it will invest in US plants over several years, and expects ...

  ABU DHABI / Reuters Saudi Arabia will launch a renewable energy programme in coming weeks that is expected to involve investment of between $30 billion and $50 billion by 2023, Energy Minister Khalid al-Falih said on Monday. Falih, speaking at an energy industry event in Abu Dhabi, said Riyadh would start the first round of bidding within weeks for ...

  ABU DHABI / WAM The National Media Council will start work on the design and installation of the UAE pavilion in February at the EXPO 2017 Astana, in Kazakhstan, after it received the site from the organising committee. The expo, themed ‘Future Energy’ will be held from June 10 to September 11 in the capital city of Astana. The ...

  ABU DHABI / Emirates Business As part of its efforts to reinforce safety practices in workplace, Abu Dhabi Ports, the master developer, operator and manager of the Emirate’s commercial and community ports as well as Khalifa Industrial Zone, has launched a health, safety and environment (HSE) award. Aimed at recognising the contributions of individuals, government and private entities and ...

  DUBAI / WAM The Dubai Financial Services Authority (DFSA) published a Trade Finance Report detailing key findings of a review of trade finance activities carried out in and from Dubai International Financial Centre (DIFC). The review assessed the quality of systems and controls, in particular measures to mitigate trade-based money laundering risks, at banks and other financial service providers ...

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, presented the Zayed Future Energy Prize to nine winners during the 2017 awards ceremony in Abu Dhabi on Monday, in the presence of six heads of state. Nine pioneers in renewable energy and sustainability ...

  Dubai / WAM Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has established a culture of institutional excellence in government organisations and also a philosophy based on competition and strategic planning to meet customer expectations that reflect positively upon the UAE as a global model of excellence, Saqr bin Ghobash Saeed ...

  Abu Dhabi / WAM The Emirates Authority for Standardization and Metrology (ESMA) will bring out new regulations for electric vehicles in the UAE. The UAE System for Electric Vehicles, the first of its kind regionally, will start its operations after the Cabinet’s approval. Dr Rashid Ahmed Bin Fahad, Minister of State and Chairman of ESMA, announced it at a press ...

  Abu Dhabi / Emirates Business The fourth edition of EcoWASTE 2017, a leading conference and exhibition on sustainable environment, was officially inaugurated on Monday at the Abu Dhabi National Exhibition Center. The event is being held as part of Abu Dhabi Sustainability Week (ADSW), from January 16-19. EcoWASTE 2017 is a platform which showcases the latest practices, solutions and ...

  Abu Dhabi / WAM In the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the 2017 edition of Abu Dhabi Sustainability Week (ADSW) began on Monday at the Abu Dhabi National Exhibition Centre. The inauguration ceremony was attended by the President of Kazakhstan, Noor ...