Abu Dhabi / WAM The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) have officially opened the fifth round of funding for renewable energy projects in developing countries. The funding round of approximately US$ 50 million is part of ADFD’s US$ 350 million (AED 1.285 billion) commitment offering concessional loans to renewable energy projects endorsed ...
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UAE showcases ‘tech-driven’ cleaning solutions
DUBAI / Emirates Business UAE’s cleaning sector is fast adopting automated technologies; this was evident from the latest technologies demoed at Middle East Cleaning Technology Week (MECTW) being held at Dubai International Convention Centre from November, 13-15. The largest event for the cleaning sector in the region, for the first time, hosted live demos for innovative products in the ...
Read More »Trump firm on agenda, says Americans have nothing to fear
New York /AFP President-elect Donald Trump has vowed to move aggressively on a conservative agenda in filling Supreme Court vacancies, cracking down on immigration and cutting taxes, but also sought to reassure worried Americans they have nothing to fear from his presidency. Setting aside the strident tone of his campaign, the 70-year-old assumed a gentler manner in his first ...
Read More »Village turns into ‘supermarket’ for illegal wildlife trade
Bloomberg A Vietnamese village has become “a supermarket for illegal wildlife trafficking†raking in millions of dollars, a special hearing was told on Monday. The two-day public hearing in The Hague is laying out the findings of a year-long undercover investigation by the new Wildlife Justice Commission. The probe has provided “clear and irrefutable evidence of an industrial-scale crime ...
Read More »Exports boost Japan’s economy growth
Bloomberg Japan’s economy grew more than forecast in the three months through September, as a rebound in exports compensated for continued weak spending at home by people and companies. Gross domestic product expanded by an annualized 2.2 percent, according to data released by the Cabinet Office on Monday (median estimate of economists +0.8 percent). Private consumption rose 0.1 percent ...
Read More »UK sees $82bn investment hit as Brexit tariffs tallied
Bloomberg UK businesses have delayed or canceled investments worth 65.5 billion pounds ($82 billion) since the vote to leave the European Union, with more than 40 percent of large companies scaling back, according to a new survey. Executives have been reluctant to follow through on spending plans because of a plunge in the pound and a lack of clarity ...
Read More »EU offers Trump cooperation while signalling policy firmness
Bloomberg The European Union promised to cooperate with US President-elect Donald Trump while vowing to stand by international agreements he has questioned including United Nations deals to curb climate change and ease sanctions on Iran. After a dinner in Brussels to discuss future EU-US relations in the wake of Trump’s victory in the Nov. 8 American election, European foreign ...
Read More »UAE works to enhance world’s preparedness for future: VP
Dubai /Â WAM The UAE has long decided to work with its partners to promote constructive co-operation and enhance the world’s preparedness for the future, while building a better future for coming generations, according to Vice President, Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum. He made his remarks on Sunday ...
Read More »VP, WEF chairman discuss tech-driven future changes
Dubai /Â WAM Preparing for a future in which entire industries will be altered by new technologies was the focus of a Sunday meeting between Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and Prof. Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, and Co-chairman of the Global Future ...
Read More »SIBF attracts 2.31mn visitors, rakes in AED176mn sales
Sharjah / Emirates Business Sharjah International Book Fair (SIBF) concluded on a record-breaking note, with the 35th edition of the world’s third largest book fair the most successful to date. Titled ‘Read More,’ SIBF 2016 hosted more than 2.31 million visitors over its 11 days, with the footfall figures breaking all previous records established since its first edition in ...
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