News

  Abu Dhabi / WAM Masdar Institute is keen to strengthen its research efforts in the field of water desalination in the light of the challenges facing the region, including the scarcity of water resources, Dr. Behjat Al Yousuf, Interim Provost, Masdar Institute of Science and Technology, has said. She cited that the per capita consumption of water in the state ...

  Abu Dhabi / WAM The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) have officially opened the fifth round of funding for renewable energy projects in developing countries. The funding round of approximately US$ 50 million is part of ADFD’s US$ 350 million (AED 1.285 billion) commitment offering concessional loans to renewable energy projects endorsed ...

  Ajman / Emirates Business HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, honored the Ajman Tourism Development Department (ATDD) for sponsoring and supporting the 4th Gulf Business Women Forum that was held on November 9-10 at Fairmont Ajman Hotel. In line with its commitment to support the Forum and keenness to communicate with ...

  DUBAI / Emirates Business UAE’s cleaning sector is fast adopting automated technologies; this was evident from the latest technologies demoed at Middle East Cleaning Technology Week (MECTW) being held at Dubai International Convention Centre from November, 13-15. The largest event for the cleaning sector in the region, for the first time, hosted live demos for innovative products in the ...

  Dubai / Emirates Business InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, and Al-Futtaim, one of the region’s most progressive business houses headquartered in Dubai, have signed an agreement for the management of the largest Holiday Inn hotel in the UAE. The 520-room Holiday Inn Dubai Festival City will operate under a management agreement with Dubai ...

  Bloomberg Egypt made an official trade agency responsible for inspecting imported wheat, a step that could end disruptions in the purchases of world’s biggest wheat buyer by replacing quarantine officials who rejected several shipments this year for containing the ergot fungus. The General Organization for Export and Import Control, or GOEIC, will be the sole state body authorized to ...

  AFP Tehran officials shut schools on Monday as the first of the wint- er’s heavy pollution hit the Iran- ian capital. A blanket of choking brown-white smog descended on the city on Sunday, blocking out the view of the mountains that line its northern edge and leading many of its 14 million residents to retreat indoors or don face ...

  Bloomberg A Vietnamese village has become “a supermarket for illegal wildlife trafficking” raking in millions of dollars, a special hearing was told on Monday. The two-day public hearing in The Hague is laying out the findings of a year-long undercover investigation by the new Wildlife Justice Commission. The probe has provided “clear and irrefutable evidence of an industrial-scale crime ...

  Bloomberg China National Petroleum Corp. plans to spin off most non-energy assets — a portfolio comprising roughly 10 percent of its workforce — as low oil prices force the state-run behemoth to streamline, according to people with knowledge of the matter. Under a plan detailed at an internal meeting in Beijing last month, CNPC would bundle businesses employing about ...

  Bloomberg China’s largest theater operator said a slump in box-office sales nation- wide leaves the company, which has bucked the trend at its own cinemas, in position to buy rivals at cheaper valuations. Wanda Cinema Line Co., the film exhibitor arm of billionaire Wang Jianlin’s Wanda Group, is maintaining its target to use acquisitions and organic growth to add ...