Bloomberg Australia’s Defence Minister Richard Marles has called for the US to grow its military presence in the Indo-Pacific, warning that a failure to maintain the balance of power in the region could be “catastrophic.†Speaking in Washington DC, Marles, who is also Australia’s deputy prime minister, said the region was currently facing a military build-up “at a rate unseen ...
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Sheikh Mohamed grants 1.5 billion in housing benefits to Abu Dhabi citizens
ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as the ruler of Abu Dhabi, has ordered the disbursement of AED1.5 billion worth of housing benefits to Abu Dhabi citizens, covering more than 1,100 beneficiaries in the emirate. The benefits package includes grants for houses, housing loans, and the exemption of retirees ...
Read More »Dewa supports international exhibitions sector in Dubai
Dubai / WAM Dubai Electricity and Water Authority (Dewa) organises the Water, Energy, Technology, and Environment Exhibition (Wetex) and Dubai Solar Show from September 27-29. Since its launch in 1999, Wetex has witnessed significant growth and has become one of the most prominent global exhibitions specialised in water, energy, sustainability, green technologies, renewable and clean energy, green buildings, electric ...
Read More »Abu Dhabi hosts session on raising Emiratisation rates in private sector
Abu Dhabi / WAM The Abu Dhabi Chamber of Commerce and Industry has organised an awareness session on increasing Emiratisation rates in the private sector in cooperation with the Ministry of Human Resources and Emiratisation, the Abu Dhabi Department of Economic Development – (Added), and the Emirati Talent Competitiveness Council. Held at the chamber’s tower in Abu Dhabi, the ...
Read More »Gazprom curtails gas flows to Italy by one third in further cut
Bloomberg Russia’s Gazprom PJSC will further cut gas supplies to Italy by about one third, the country’s energy giant Eni SpA said in a statement on Monday. Gazprom announced that it will supply Eni with approximately 21 million cubic meters of natural gas per day, compared to an average of about 32 million cubic meters per day over the ...
Read More »Sri Lanka president to resign after protesters storm house
Bloomberg After months of persistent street protests over fuel shortages, surging prices and financial mismanagement, Sri Lankan leader Gotabaya Rajapaksa is finally on the verge of being ousted. The president fled to an undisclosed location shortly before demonstrators stormed his official seaside residence in the face of tear gas and rubber bullets. In dramatic scenes, they wandered through the rooms, ...
Read More »UAE cabinet approves paid leave for citizens to start a business
Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired the UAE cabinet meeting, which was held at Qasr Al Watan, Abu Dhabi on Thursday. The meeting was attended by HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime ...
Read More »Zayed University, HFDAP to enhance academic innovation
Abu Dhabi / WAM Zayed University (ZU) signed a memorandum of understanding (MoU) with the Hamdan bin Rashid Al Maktoum Foundation for Distinguished Academic Performance (HFDAP) to support innovative thinking skills and creativity within academic institutions. The initiative aims to enhance academic excellence and provide ZU students with the skills and knowledge, to better achieve their future aspirations and contribute ...
Read More »Adma rolls out region’s first integrated maritime logistics certificate
Dubai / WAM Abu Dhabi Maritime Academy (Adma), the maritime education and training arm of AD Ports group, announced on Thursday that it has rolled out a Maritime Logistics Certificate, the region’s first integrated certificate allowing trainees to work on a broad spectrum of maritime economics and shipping industry modules. This certificate comprises four core/mandatory units, including the introduction ...
Read More »World needs to spend $110bn a year to curb methane releases
Bloomberg The world needs to dramatically ramp up spending tenfold to $110 billion a year to curb methane releases and avoid the worst of climate change, a new study has found. The potent greenhouse gas is responsible for nearly half of net global warming to date, yet just 2% of global climate finance is directed towards curbing releases of the ...
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