Dubai / WAM Dubai Electricity and Water Authority (Dewa) has announced that the work progress at the Hatta hydroelectric power plant reached 35 percent by the end of December 2021. The plant’s production capacity is set to reach 250 megawatts (MW) with a storage capacity of 1,500 megawatt-hours and a lifespan of up to 80 years. This is the ...

  Abu Dhabi / WAM A new measure has eased issuing parking permits for visitors to sectors classified as ‘residential villa’ in the emirate of Abu Dhabi. The Integrated Transport Centre (ITC) of the Department of Municipalities and Transport in Abu Dhabi announced that it has started implementing new amendments concerning the issuing of parking permits to visitors to residential ...

  Forecasts for a second year of strong global growth face two main dangers: the health of China’s economy and the prospect of much higher US interest rates. How the world’s commercial poles navigate these risks will determine whether 2021’s rapid expansion was a blip or whether the recovery will outlive the pandemic. China appears determined to quash — rather ...