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Ministers: Qatari response ‘negative’

CAIRO / Reuters Foreign ministers from the four Arab states leading the boycott of Qatar expressed disappointment on Wednesday with the tiny Gulf nation’s “negative” response to their demands, but did not announce new sanctions against Doha. “The response the four states got was overall negative and lacked any content. We find it did not provide a basis for Qatar ...

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DEWA’s app to help spur adoption of solar energy

Dubai / WAM Dubai Electricity and Water Authority (DEWA) has launched a web application to help customers easily decide on the installation of photovoltaic (PV) panels on their rooftops to generate electricity from solar power. Introduced under the ‘Shams Dubai’ initiative, the application, dubbed ‘Shams Dubai Calculator’, will provide detailed comparisons and additional information to help consumers conveniently and smoothly ...

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ADX ready to provide general clearing service

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) declared its technical and logistical readiness to provide general clearing service, in a move to improve performance of financial markets in the UAE and promote them among global markets over the coming period. The Securities and Commodities Authority (SCA) had granted Emirates NBD, the license for the service after modifications on ...

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