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ECB officials urge higher interest rates

BLOOMBERG  European Central Bank (ECB) officials called for interest rates to be lifted further — seeking additional reassurance on the inflation front as they look past more signs of weakness in the euro-zone economy. Dutch central bank chief Klaas Knot said he’s “not yet convinced that the current tightening is sufficient,” telling lawmakers in the Netherlands that “inflation could well ...

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Barakah plant’s Unit 4 set for operational readiness test

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) has announced that Unit 4, the fourth and final unit at the Barakah Nuclear Energy Plant in Abu Dhabi, has begun its operational readiness preparations. The operations team at Barakah have now commenced the operational readiness testing required to demonstrate the unit is ready to receive the Operating License from ...

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Mohammed bin Rashid honours 16 entities leading in CSR with Community Impact Medal

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, witnessed the honouring of a number of companies leading in Corporate Social Responsibility (CSR), in recognition of their important role in consolidating sustainability practices. His Highness Sheikh Mohammed stressed the importance of strengthening and organising Corporate Social ...

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