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UAE launches water project in Khawkhah

KHAWKHAH / WAM The UAE launched a water project in remote area in Khawkhah District, Hodeidah Governorate, to fulfil the needs of Yemeni people in Red Sea Coast. The project includes the restoration of an artesian well, a 100,000-litre water tank, a 36,000-metre water network, and a solar energy system. Mohamed Salim Al Junaibi, Emirates Red Crescent (ERC), Director of ...

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India power goals further out of reach as discom losses rise

Bloomberg Losses by India’s power retailers are set to rise, reversing two years of declines they enjoyed since Prime Minister Narendra Modi’s government unveiled a plan to make the ailing utilities profitable. Combined losses by state distributors that signed up for the federal government’s reform plan in the first nine months of the fiscal year rose to about $3.4 billion, ...

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Land Rover’s new Defender hits Kenya for tough terrain test

Bloomberg Jaguar Land Rover’s revamped Defender sport utility vehicle is headed for the rugged slopes of Kenya to tow heavy loads and wade through rivers before the resurrected icon goes on sale next year. Testing of the prototype will take place in the Borana Conservancy and include carrying supplies across unforgiving terrain in real-world trials at the 14,000 hectare reserve, ...

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Alphabet continues slump on ad revenue slowdown fears

Bloomberg Alphabet Inc. reported first-quarter revenue that missed analysts’ estimates and spar-ked fears that advertisers are shifting some spending to digital rivals. Shares of Google’s parent company were down 7.8 percent during pre-market trading in New York on Tuesday. The stock closed at a record $1,296.20 shortly before its earnings were published. Sales came in at $29.5 billion, excluding payments ...

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Microsoft announces tie-up with VMware to keep up with Amazon

Bloomberg Microsoft Corp. unveiled a partnership with VMware Inc. in a bid to bring more customers to its Azure cloud-computing service, emulating a pact that has benefited rival Amazon.com Inc. The agreement will let VMware customers move their technology systems to Microsoft’s Azure cloud-computing services, the companies said in a statement. Amazon Web Services, the leader in the market for ...

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Coal’s near-record stockpiles weigh on Europe power prices

Bloomberg Coal is piling up at ports across Europe, depressing both the cost of the fuel and price of electricity. Stockpiles at three European ports — Rotterdam, Amsterdam and Vlissingen — are near the highest since 2013. Supplies built up during a warmer than usual winter and as governments tried to reduce emissions from the most polluting fossil fuel. The ...

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Youth voters at 20-year low as S Africa protests beat polls

Bloomberg Young South Africans are turning their backs on elective politics at the fastest pace in at least two decades, a trend that may hurt the ruling party in next week’s vote. The number of South Africans under 20 who have registered to participate in the May 8 general election has dropped to the lowest level since at least 1999, ...

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Tolerance values is a social responsibility for all in UAE

ABU DHABI / WAM The values of tolerance are a social responsibility for every individual in the country, affirmed His Highness. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation and Chairman of the Education and Human Resources Council. During the Council’s meeting, held at the Zayed University campus in Abu Dhabi, His Highness said that ...

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UAE offers world an advanced model for governance, says VP

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE  and Ruler of Dubai, said that the UAE offers the world an advanced model for governance centred on ensuring the happiness of its people and improving their quality of life. Sheikh Mohammed’s comments came as he honoured winners of the second ...

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Hamdan bin Rashid inaugurates M-Station extension in Jabel Ali

DUBAI / WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of Dubai Electricity and Water Authority (Dewa), inaugurated the extension project of M-Station in Jebel Ali, the largest power and water desalination plant in the UAE. With the construction of the extension, the total cost of M-Station reached AED11.669 billion while ...

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