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  Bloomberg France’s lowest water reservoir levels in a decade are helping to bolster power prices that are 50 percent above last year’s levels even as a reduction in nuclear supply is expected to ease. Hydropower generation is forecast to be the lowest for 10 years this month, according to consultants Pira Energy Group. It’s already 1.4 gigawatts below last ...

  ISTANBUL / WAM Minister of Energy, Suhail bin Mohammed Faraj Faris Al Mazrouei, on Thursday visited the UAE pavilion at the 23rd World Energy Congress in Istanbul. The minister visited the stands of participating UAE companies and institutions at the pavilion on the sidelines of the energy congress. He was briefed about Emirati projects and its pioneering experience in ...

  DUBAI / Emirates Business The building, construction and real estate [BCRE] sector has been one of the cornerstones of the UAE economy for some time and will continue to play a crucial role in the country’s long term economic diversification, making Dubai the ideal venue for KPMG’s 17th Global Real Estate and Construction Conference, according to Vijay Malhotra, the ...

  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 and Chairman of the Abu Dhabi Executive Council, chaired the meeting of the Council, held on Thursday at the Abu Dhabi Crown Prince Court. The meeting reviewed updates on the progress of the ...

  Abu Dhabi / WAM A No. 1 membership under the ‘We Are All Police’ initiative was awarded to His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, in the presence of HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council. Sheikh Hazza ...

  Dubai / WAM In Her capacity as UN Messenger of Peace and Chairperson of International Humanitarian City (IHC), HRH Princess Haya Bint Al Hussein, wife of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, had an audience with His Holiness Pope Francis of the Roman Catholic Church, Bishop of Rome, at ...

  Dubai / WAM HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Western Region, visited Dalma Island, toured a number of development facilities and projects, and inspected the progress in various vital and service sectors on the island. He began his tour by visiting the ports of new port project in Dalma Island and was briefed on the ...

  Dubai / Emirates Business HolidayMe.com, the unique website offering value holiday deals and on-the-fly customized travel solutions to customers across the Middle East raised USD 7 million in Series A funding from a consortium of investors that includes Accel Partners and Saudi Arabia based F&C Overseas Investment. Existing investor Al Sanie Group also recommitted by participating in the round. ...

  Dubai / Emirates Business The Smart Dubai Office announced the list of strategic sponsors of Smart Dubai’s pavilion, which showcases citywide delightful experiences through a model that simulates smart living in Dubai City on a huge area of 3,800 square metres at GITEX Technology Week 2016 between October 16-20. The list of strategic sponsors includes a selected group of ...

  Dubai / Emirates Business The Supreme Legislation Committee (SLC) announced that it will showcase its new and comprehensive portfolio of creative projects especially designed to meet the requirement of Dubai’s shift towards smart governance during its participation at the 36th edition of GITEX Technology Week. This is in line with its commitment to support the national efforts to promote the ...