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ADFD-funded AED51 million project unveiled in Comoros

ABU DHABI / WAM Major electricity projects valued at AED51 million ($13.9 million) have been inaugurated by the government of the Comoros. Financed by Abu Dhabi Fund for Development (ADFD), these projects will supply electricity to more than 12,000 homes and are expected to stimulate the economy of the island nation. Azali Assoumani, President of the Comoros, attended the inauguration ...

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Oil heads for longest run of losses since March on coronavirus threat

Bloomberg Oil fell for a fourth day, heading for the longest run of losses since March, on the threat to demand from the delta coronavirus variant. West Texas Intermediate futures declined 0.5% after losing almost 3% over the previous three sessions. US gasoline consumption fell for a third week, according to a survey by Descartes Labs, while data from China ...

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India launches contests to promote Expo 2020

NEW DELHI / WAM India has launched a series of competitions to popularise Expo 2020 Dubai as its preparations gather steam for participation in the world exposition in just over six weeks. “The main purpose of these competitions is to amplify the core message of the Dubai World Expo: Connecting Minds, Creating the Future,” according to an overview of the ...

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