Bloomberg The fate of global markets now depends at least in part on laboratories around the world probing the omicron Covid-19 strain, potentially leaving investors with weeks of uncertainty in the wait for answers. The variant detected in Africa is described as highly worrying and international travel bans are proliferating. Scientists are analysing whether it can evade inoculations and the ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved AED3.8 billion housing projects in Dubai. As part of the new projects, 2,000 plots of land will be distributed to Emirati citizens together with 900 ready-made villas. The projects also include an AED 500 million ...

Abu Dhabi / WAM Emirates Global Aluminium (EGA) and GE Gas Power signed a memorandum of understanding (MoU) develop a roadmap to reduce greenhouse gas emissions from the operation of EGA’s existing GE natural gas turbines by exploring hydrogen as a fuel, as well as carbon capture, utilisation, and storage solutions. The MoU was signed by Abdulnasser bin Kalban, CEP ...