News

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, has issued a federal law establishing the National Media Office. The law states that the National Media Office will report to the Minister of the Presidential Court and will be financially and administratively independent in fulfilling its duties and mandate. The new entity ...

  Abu Dhabi / WAM Statistics Centre – Abu Dhabi (Scad) and the Abu Dhabi Department of Energy (DoE) signed a service-level agreement that allows collaboration between the two parties in the field of statistical integration as part of a strategy to develop an advanced statistical ecosystem which provides high-quality statistics through a decentralised model. The agreement was signed by ...

  Dubai / Gulf Time Multifaceted entrepreneur with the stakes in real estate, business setup and Jewelry business is optimistic that in the next decade Dubai will double the size of its economy and will be one of the top three economic cities around the world. It may be recollected that His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice ...

  Dubai / Gulf Time Hop on to one of the most extravagant rides of your life. Find your favourite luxury brands onboard instarunway.com’s fashion bus, a novel shopping concept in the region that brings fashion to your doorstep on a mobile bus. Fuelled by fashion, the luxury mobile boutique has covered quite a few milestones in its short yet ...

  Abu Dhabi / WAM Adnec Group has announced it is now a major contributor to the Net Zero Carbon Events initiative. The industry initiative promises to produce net-zero carbon footprint events by 2050 as it creates and supports a greener future for the Meetings, Incentives, Conferences and Exhibitions (MICE) industry. Hosted by the Joint Meetings Industry Council (JMIC), the ...

Bloomberg The head of the European Union’s executive arm said the bloc should pass a new law to fast-track investments in clean tech and boost funding for the energy transition in response to a US climate law it fears unfairly subsidizes American companies. “To keep European industry attractive, there is a need to be competitive with offers and incentives that ...

Bloomberg Boston-based startup Sublime Systems has raised $40 million to develop a new technology to produce low-carbon cement. The cement industry contributes as much as 8% to global emissions of planet-warming carbon dioxide. Meeting global climate goals under the Paris Agreement would require reducing that to zero within decades. However, cement has proven to be one of the more difficult ...

  Bloomberg Investors’ sentiment for the German economy jumps to the highest level in almost a year, the latest evidence that confidence is building as a squeeze from soaring energy prices eases. The ZEW institute’s gauge of expectations rose to 16.9 in January from -23.3 in the previous month — better than any estimate in a Bloomberg survey of 27 ...

  Bloomberg Adler Group SA said it had commissioned a review of 800,000 documents originally withheld from its forensic audit and found no evidence of related-party deals. The German landlord said the review conducted by a law firm was investigating whether there was anything incriminating in the emails, calender entries and documents that had been withheld from KPMG’s probe, according ...

  Bloomberg The UK has become the third-most important country in the world for chief executives trying to expand their businesses, according to a prominent survey, the first time it has broken into the top three. The 26th annual poll of business leaders conducted by PricewaterhouseCoopers LLP found that the UK was behind only the US and China, and equal ...