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As Amazon leads cashless charge, US states push back

Bloomberg Rebecca Esparza works with homeless people and, having once lived in a shelter herself, knows what it’s like to navigate the US economy if you don’t have much money. For most of her clients, cash is king because they lack access to the financial tools many Americans take for granted—checking accounts, debit cards, payment apps. Esparza worries that the ...

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Mohamed approves AED5.6bn to support R&D in Abu Dhabi

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of Abu Dhabi Executive Council, has approved AED5.6 billion in support of the research and development (R&D) scheme as part of the Ghadan 21 programme. His Highness Sheikh Mohamed bin Zayed directed the ...

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Adnoc inks exploration deal with Indian consortium

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), on Monday signed agreements awarding the exploration rights for Abu Dhabi Onshore Block 1 to a consortium of two Indian oil companies, Bharat Petroleum Corporation Limited and Indian Oil Corporation Limited. The award has been endorsed by Abu Dhabi’s Supreme Petroleum Council (SPC) and represents a further deepening of ...

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