ABU DHABI / WAM The construction of the US pavilion at Expo 2020 Dubai will be completed in November, John Rakolta, the US Ambassador to the UAE, said on Tuesday. “The construction of the pavilion is progressing according to our schedule. We look forward to substantial buildings’ completion sometime around November 15,” he said during a virtual media roundtable with ...
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MBRSC, Nasa ink deal to train four Emirati astronauts
DUBAI / WAM The Mohammed Bin Rashid Space Centre (MBRSC) and the National Aeronautics and Space Administration (Nasa) announced that they have signed a strategic agreement to train Emirati astronauts in Nasa. This partnership aims to prepare Emirati astronauts for advanced space missions by providing them with the highest level of expertise and knowledge. Under the agreement, four Emirati astronauts ...
Read More »Nikola’s plunge hits Nel stock hard
Bloomberg Nikola Corp’s latest stock plunge sent shares of Norwegian green energy company Nel ASA to a nearly 17% drop. The Oslo-based company is critically tied to Nikola, which is set to be a major buyer of Nel’s technology to create hydrogen. Earlier this year, Nikola made a more than $30 million order for Nel’s electrolysers that would create the ...
Read More »China’s Xi swipes at US for acting like ‘boss of the world’
Bloomberg Chinese President Xi Jinping took a veiled swipe at the US in a strongly worded speech, saying no country should “be allowed to do whatever it likes and be the hegemon, bully or boss of the world.†Pushing for developing countries to have a greater role in world affairs, Xi said the United Nations could be “more balanced†and ...
Read More »Khalifa Foundation, CSR UAE Fund benefit 395,000 people
Abu Dhabi / WAM The Khalifa bin Zayed Al Nahyan Foundation continues to provide humanitarian aid through the Covid-19 initiatives launched by CSR UAE Fund in partnership with the Foundation. The campaign received monetary and in-kind contributions that included thousands of items that were distributed to beneficiaries. The items included smart devices to support distance learning, urgent medical equipment to ...
Read More »Abu Dhabi identifies 14 new investment areas within health sector
Abu Dhabi / WAM The Abu Dhabi Department of Economic Development (Added) has identified 23 industrial areas for investment mainly in the pharmaceutical and medical industries aimed at achieving self-sufficiency in Abu Dhabi’s health sector. Among these investment areas, 14 belong to new industries in the market while the other nine are already existing ones. The identification of investment areas ...
Read More »Expo Centre Sharjah to welcome back visitors with safety measures
Sharjah / WAM The Emergency, Crisis and Disaster Management Team in Sharjah has approved a host of precautionary measures ahead of the resumption of activities at the iconic Expo Centre Sharjah. The landmark venue, which is a popular destination for high-profile government events, commercial exhibitions, business events and conferences in the country will reopen with all the necessary precautionary measures ...
Read More »DMCC completes realty transaction with Musharaka Capital
Dubai / WAM DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has completed a real estate transaction comprised of a single plot of land sale with a self-storage facility on it to Musharaka REIT Fund, Musharaka Capital as fund Manager for Musharaka REIT is the representative of the Fund, for ...
Read More »LafargeHolcim sets target to reduce emissions 15% by 2030
Bloomberg LafargeHolcim Ltd, the world’s largest cement maker, pledged to step up efforts to cut CO2 emissions as the energy-consuming industry comes under pressure from environmental groups, lawmakers and investors. The plan includes accelerating the use of low-carbon alternatives in cement mixtures and operating its first net-zero plant by the end of the decade, the company said in a statement ...
Read More »China’s rejection of Taiwan buffer zone ups risk of clash
Bloomberg China is ratcheting up the risk of military confrontation in the Taiwan Strait, as Beijing seeks to deter Taipei from continuing to deepen ties with the US and other like-minded democracies. People’s Liberation Army (PLA) aircraft repeatedly breached the median line between Taiwan and the Chinese mainland last week, in the latest of a series of military exercises in ...
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