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Dubai Municipality joins UAE Innovates 2021 activities

DUBAI / WAM Dubai Municipality is joining the activities of the UAE Innovates 2021, organised by the General Secretariat of Dubai Executive Council, until February 27, to enhance the municipality’s directions towards promoting the values of creativity and innovation in its various sectors. Dawoud Al Hajri, Director General of Dubai Municipality, emphasised the municipality’s keenness to participate in the activities ...

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Covid-19: UAE reports 3,684 new recoveries

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 197,701 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, MoHAP announced 2,250 new coronavirus cases, bringing the total number of recorded cases in the UAE to 370,425. The ministry also noted that an ...

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Banks, investor push to solve $32b Eskom debt crisis

Bloomberg Nedbank Group Ltd is leading discussions to restructure South African power utility Eskom Holdings SOC Ltd’s $32 billion debt load, according to people familiar with the talks. The parties met in recent days, and one of the options is to transfer at least 100 billion rand of debt to a special-purpose vehicle that would be overseen by the Public ...

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