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Oil stages remarkable rebound from one year of catastrophe

Bloomberg One year after the first glimmers of the catastrophe awaiting global oil markets — from deserted Chinese cities to grounded jets — crude is staging a remarkable turnaround. The crisis triggered by the deadly coronavirus was the worst the petroleum industry has ever seen. Fuel demand crashed by a fifth, prices slumped below zero, producers fought viciously over customers, ...

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Dewa registers patent for Hydronet project

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has registered a new patent for its Hydronet project, adding to its track record of achievements. The Hydronet project uses Artificial Intelligence (AI) and Deep Learning to monitor and control the water network in Dubai remotely. The project can be integrated with any SCADA system and provide real-time insights on the ...

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JRCC gears up to host safe public events

SHARJAH / WAM Al Jawaher Reception and Convention Centre (JRCC), Sharjah’s largest high-end venue for all types of social and corporate events and catering services, has announced that it is open for business again after weathering the unprecedented challenges presented by 2020, utilising the down-time for maintenance and refurbishment work that has served to enhance its world-class amenities. “JRCC plays ...

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