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Amazon buys electric Mercedes vans in green effort

Bloomberg Amazon.com Inc. is buying 1,800 electric delivery vans from Daimler AG’s Mercedes-Benz, the retailer’s biggest commitment to date to cut the carbon footprint of its delivery operations in Europe. The deal, for the German automaker’s eSprinter and eVito models, will be complete by the end of the year, Amazon said in a statement. It comes two years after Amazon ...

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Deal signed to boost Emirati medical cadres’ capabilities

Dubai / WAM The Dubai Health Authority (DHA) and Higher Colleges of Technology (HCT) signed a Memorandum of Understanding (MoU) on Wednesday to strengthen the capabilities of Emirati medical cadres. The MoU will contribute towards developing human capabilities specialising in various healthcare fields, raising the efficiency of health personnel, and supporting the health sector. Humaid Al Qutami, Director-General of the ...

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Adnoc, Apollo-led consortium ink $5.5 billion real estate deal

Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc), announced on Wednesday, that it has entered into a long-term strategic investment with accounts and entities owned and/or advised by Apollo Global Management Inc. and its subsidiaries (collectively “Apollo”), one of the world’s largest alternative investment managers, and a group of institutional investors, for an underlying real estate portfolio ...

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