ABU DHABI / WAM BBC Travel, a designated BBC portal for travel stories, has praised on Thursday the UAE’s “resilience” during the Covid-19 global pandemic. “Even as the Omicron variant has parts of Europe on lockdown again, the UAE has managed, so far, to stay open to most travellers while keeping infections low,” said the report headlined “Why is ...
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Sewa implements projects worth AED54.3m in 2021
Sharjah / WAM The Central Region Department of the Sharjah Electricity, Water and Gas Authority (Sewa) implemented a number of development projects during 2021. As many as 80 projects have been implemented for network modifications and the installation of approximately 50 transformers in the central region. Cables have been extended to implement these projects with up to 197,624 km ...
Read More »Uranium jumps as unrest hits world’s top supplier Kazakhstan
Bloomberg Uranium prices jumped as Kazakhstan, the world’s largest producer of the radioactive metal, struggles to cope with deadly protests that pose the biggest challenge to the country’s leadership in decades. The Central Asian nation, a part of the former Soviet Union that produces more than 40% of the world’s uranium, has disrupted communications networks and restricted some travel ...
Read More »Russia-led bloc sends troops to Kazakhstan amid protests
Bloomberg Russia and its allies sent troops to help quell protests in Kazakhstan that posed the biggest threat to the central Asian country’s leadership since it gained independence in 1991. Dozens of anti-government protesters were killed by security forces and hundreds wounded, authorities said Thursday, after President Kassym-Jomart Tokayev announced an “anti-terrorist operation†to put down the demonstrations. He ...
Read More »Adnoc invests AED3.47bn to develop Umm Shaif field
Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) announced on Wednesday the award of a $946 million (AED3.47 billion) Engineering, Procurement, and Construction (EPC) contract for the strategic long-term development of its Umm Shaif field. The investment supports Adnoc’s oil production capacity plans of five million barrels per day (mmbpd) by 2030 while ensuring energy security for ...
Read More »UAE highlights new investment opportunities in vital sectors
Abu Dhabi / WAM Dr Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, representing the UAE, participated in the UAE-US Innovation and Investment Summit. The summit was aimed at exploring more cooperation opportunities in the next phase to expand and develop UAE-US trade exchanges and mutual investments with greater participation of private sector companies from both ...
Read More »ADQ inks deal to create UAE’s largest healthcare platform
Abu Dhabi / WAM ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, on Wednesday entered into an agreement to consolidate several companies within Pure Health, creating the largest healthcare provider in the UAE. As part of the agreement, Abu Dhabi Health Services Company (Seha), ...
Read More »Over 60 countries represented at Arab Health 2022
DUBAI / WAM A total of 62 countries will be represented on the exhibition floor of the 2022 edition of Arab Health, the Mena region’s leading exhibition for the healthcare industry, taking place at the Dubai World Trade Centre from January 24 – 27. The 2022 edition of the show, which returns as a co-located event for the healthcare ...
Read More »Dewa launches project to improve employee productivity
DUBAI / WAM Dubai Electricity and Water Authority (Dewa) launched the Real-Time Mobile Work Force Project to improve productivity and fieldwork efficiency. This is part of its efforts to enhance the happiness of its employees and help them complete their tasks easily and efficiently, anytime and anywhere. The project includes 109 processes related to Distribution Power; Water and Civil; ...
Read More »German energy giant Uniper gets $11bn for margin calls
Bloomberg German energy giant Uniper SE was forced to borrow billions to pay down margin calls — the collateral that exchanges require to back up trades — as European gas and electricity prices rallied. Uniper got additional loans totaling 10 billion euros ($11.3 billion) from its Finnish parent Fortum Oyj and KfW IPEX-Bank, the company said in a statement ...
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