DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has signed a partnership agreement with Dutch startup Desolenator BV, to build a sustainable, carbon-neutral water purification and desalination system based on solar thermal energy. The innovative design is intended to be 100% reliant on solar energy at a target Levelised Cost of potable water production to be less than ...

  DUBAI / WAM The Federation of UAE Chambers of Commerce and Industry (FCCI) and the Polish Investment and Trade Agency (PAIH) discussed opportunities for cooperation in the private sectors of both countries. The discussion took place during a meeting, held at the FCCI headquarters in Dubai, between Humaid Mohamed bin Salem, Secretary-General of the FCCI, and JarosÅ‚aw Al Abbas, ...

  DUBAI / WAM The Ministry of Health and Prevention (MoHAP) will launch the National Seasonal Flu Awareness Campaign at a press conference to be held next week. Themed “Protect yourself… Protect your community”, the annual seasonal flu campaign will kick off on 26th September; in cooperation with Abu Dhabi Centre for Public Health and Dubai Health Authority (DHA) and ...

  Sharjah / Gulf Time Sahara Centre, the leading retail, dining, entertainment, and leisure destination, concluded it’s the Ultimate Shopping Adventure campaign that delivered exceptional value to loyal customers and announced the winners of the second draw. Mohammed jalal from Egypt, the lucky winner of the grand prize, was awarded the Toyota Landcruiser luxury car, while ten lucky shoppers won ...

  DUBAI / WAM Some of the greatest minds in the aviation industry took to the stage at this year’s Global Aviation Conference in Dubai, UAE, hosted by KPMG Lower Gulf. The two-day event was attended by Abdullah bin Touq Al Marri, Minister of Economy and Chairman of the General Civil Aviation Authority, with headline speakers including senior executives from ...

  ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) has signed a Memorandum of Understanding with CSFN (French Nuclear Cluster) at the fifth edition of E-Fusion, which was held on Tuesday. The event brought together the UAE and French nuclear sectors to further develop and strengthen their collaboration to support the development of the global nuclear supply chain. ...

Bloomberg The German government is planning to inject about 8 billion euros ($8 billion) into Uniper SE as part of a historic agreement to nationalise the gas giant and stave off a collapse of the country’s energy sector. Uniper confirmed it is in final discussions with the government over a package that would include an 8 billion-euro capital increase, subscribed ...

Bloomberg Norway’s $1.2 trillion sovereign wealth fund will require the companies it invests in to reach net-zero emissions by 2050 at the latest, joining many global investors in setting such goals to prevent the financial risks from a “delayed transition.” Just 10% of companies in the wealth fund’s portfolio have a net-zero target for 2050, even as many have taken ...

  After Amazon.com Inc, it’s the turn of Apollo Global Management Inc to wade into the jungle that’s corporate governance in India. It has sued a Mumbai-based warehousing firm in which it owns a large stake. The cause of the dispute vanished when the company dropped a controversial plan to sell its business. But the US shareholder, whose rejection of ...

In a few weeks’ time, Mark Zuckerberg will announce a new virtual reality (VR) headset from Meta Platforms Inc. Embarrassingly, we already know what it will look like. A video of the purported device has been doing the rounds online after someone found one in a hotel room. Yet none of that should matter because whizzy VR headsets are becoming ...