Uncategorized

ADSW 2023 to set agenda for inclusive global climate action

Abu Dhabi / WAM Abu Dhabi Sustainability Week (ADSW) 2023, the global initiative championed by the UAE and its clean energy powerhouse Masdar to accelerate sustainable development, will feature a series of high-level sessions focused on the key priorities for sustainable development ahead of the United Nations Climate Change Conference (COP28), to be held in the UAE from November 30 ...

Read More »

ADSW 2023 to set agenda for inclusive climate action

  Abu Dhabi / WAM Abu Dhabi Sustainability Week (ADSW) 2023, the global initiative championed by the UAE and its clean energy powerhouse Masdar to accelerate sustainable development, will feature a series of high-level sessions focused on the key priorities for sustainable development ahead of the United Nations Climate Change Conference (COP28), to be held in the UAE from November ...

Read More »

Dewa supports women empowerment through its world-class nurseries

Dubai / WAM Dubai Electricity and Water Authority (Dewa) provides a motivational and sustainable environment to support women in the workplace and their active participation in sustainable development, as well as ensuring psychological and social stability for working mothers. Aligned with this vision, Dewa was one of the first government departments to establish nurseries (Childcare Centres) to take care of ...

Read More »

Deal signed to create payment solution for Dubai’s ports sector

  Abu Dhabi / WAM First Abu Dhabi Bank (FAB) with the support of its affiliate, Magnati, is collaborating with PayRow Net through the Ports Customs and Free Zone Corporation (PCFC) to establish a best-in-class digital payment platform to spur Dubai’s shift towards becoming a cashless economy. The new payment ecosystem is set to transform the existing payment gateway, leading ...

Read More »

UK produces record amount of wind power, easing gas crisis

Bloomberg Britain’s wind farms generated a record amount of electricity this year as gusty weather and a growing fleet of turbines softened the impact of soaring natural gas prices. Wind power will be a critical factor in how well Europe manages an energy crisis that’s already cost more than $1 trillion. Higher wind speeds will ease the need to burn ...

Read More »

With China thawing, Australia looks to double trade with India

Bloomberg Australia is eyeing India’s burgeoning middle class to help offset the economic damage wrought to some of its major exports by the twin headwinds of Covid-19 and heavy restrictions imposed by its biggest trade partner, China. With a middle-to-high income population of about 85 million people, according to Pew Research — roughly three times Australia’s total population — it’s ...

Read More »

India likely to spend less on subsidising fertilisers

  Bloomberg India is likely to spend less on subsidising fertilisers as global prices fall and the government looks to narrow its budget deficit, according to people familiar with the matter. Officials are considering slashing the fertiliser subsidy bill to 1 trillion to 1.5 trillion rupees ($18 billion) for the 2023-24 fiscal year starting April, according to the people, who ...

Read More »

Thai tourism tally beats target by 15% on year-end travel rush

Bloomberg Thailand will exceed its most-recent target for foreign tourist arrivals by about 15%, buoyed by a year-end rush of visitors from Europe and the United States, according to the government’s tourism agency. At least 11.5 million international travellers will come this year, compared to a target of 10 million, according to Yuthasak Supasorn, governor of the Tourism Authority of ...

Read More »

China’s soaring Covid cases push economic activity off a cliff

  Bloomberg China’s soaring Covid infections are keeping people home and causing a slump in travel and economic activity, according to the latest high-frequency data. Following the recent abrupt end to Covid Zero controls, more cities have been hit by an exit wave of infections in the past week, leading to crowded hospitals and queues at funeral parlours. That’s keeping ...

Read More »

N Korea fires ballistic missiles ahead of year-end meeting

Bloomberg North Korea fired two suspected short-range ballistic missiles ahead of a major political meeting to set policy for the new year, after ratcheting up tensions with a record number of launches in 2022. The suspected ballistic missiles were fired at around 4:32 pm from an area near Pyongyang’s main international airport towards waters off North Korea’s east coast, South ...

Read More »
Send this to a friend