Recent Posts

Another way climate change might worsen megastorms

In a recent talk about his new book, “Scale,” physicist Geoffrey West described climate change as a form of entropy –- disorder that’s created as the price of all the order and creative energy pent up in cities. In this view, climate change is not, as some argue, just a euphemism for global warming. It’s a broader term that reflects ...

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Abu Dhabi ranked among world’s top financial destinations

ABU DHABI / WAM Abu Dhabi is ranked among the top 25 cities in the world in terms of economic competiveness as a financial centre, moving up three rankings from the previous position on Global Financial Centres Index (GFCI). The development was announced during the launch of the GFCI 22 on Abu Dhabi Global Market premises on Monday. “As the ...

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UAE, China geared to nurture trade ties

HONG KONG / WAM The UAE GDP growth rate has outpaced its global equivalent over the past five years, according to a top executive at the UAE Ministry of Economy, who attributed the jumbo leaps secured by the country’s domestic economy to a robust energy sector and an agile economic diversification programme embraced by the wise leadership of the country. ...

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