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Empower awards deals worth AED217 million in Q1 2021

Dubai / WAM Emirates Central Cooling Systems Corporation (Empower), announced that it has awarded contracts worth AED217 million in the first quarter of 2021 for various activities. The contracts were awarded majorly for the development of company’s district cooling infrastructure in Dubai, including the expansion of pipeline network, setting up semi-permanent plant rooms, establishing Thermal Energy Storage systems, Energy Transfer ...

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Joe Biden’s economy tackles twin US threats

President Joe Biden’s economic plans promise to split the US economy between industries that increase productivity and industries that provide mass employment. This is a reasonable response to the pressures the US is facing from changes in technology and the global economy. But it also risks creating social divisions between the people who work in the two types of industries. ...

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India’s crypto crowd fights back

India’s beleaguered blockchain industry has finally got some solid support to ensure its survival, with an influential industry evangelist evoking the vision of a billion smartphones acting as gateways to the brave new world of decentralised finance. In this world, Wall Street’s capabilities will be available to everyone, according to angel investor Balaji Srinivasan, formerly the chief technology officer at ...

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