DUBAI / WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance and Chairman of the Board of Dubai World Trade Centre Authority, on Monday announced the 2015 annual performance results of Dubai World Trade Centre(WTC), highlighting an impressive 12% year-on-year increase in traffic to deliver 2.74 million delegates and attendees, coupled with a …

ABU DHABI / WAM The United Arab Emirates and the Republic of Finland signed an agreement on the exchange of information for tax purposes between the two countries. The agreement was signed by Younis Haji Al Khoori, Undersecretary of the Ministry of Finance(MoF), and Riitta Swan, Ambassador of Finland to the UAE; in the presence of Khalid Ali Al Bustani, …

ABU DHABI / WAM Researchers from the Masdar Institute of Science and Technology developed a novel device that can track and concentrate sunlight onto high-efficient solar cells, without mechanically moving to follow the sun’s path across the sky. This proof-of-concept research is the first step towards the development of a self-tracking concentrating photovoltaic (CPV) system. “Traditional CPV systems rotate solar …