Dubai / WAM Dubai Electricity and Water Authority (Dewa) has launched the “Dubai EV Community Hub” website for Dubai, aiming to increase electric vehicle (EV) adoption by centralising information regarding EV developments in Dubai. This is part of Dewa’s efforts to encourage the use of sustainable transport and consolidate Dubai’s position as a global capital for a green economy ...

  ABU DHABI / WAM The central bank of the UAE (CBUAE) has launched two new banknotes, in five and ten dirham denominations, made of polymer and enhanced by advanced technical characteristics and security features. The new banknotes are the third issue of the national currency, and reflect the CBUAE’s aim to keep pace with the nation’s development and vision ...

  ABU DHABI / WAM Air Arabia Abu Dhabi, the capital’s first low-cost carrier, has announced the introduction of a new service to Mumbai in India, starting from May 12. Mumbai is the seventh city in India that Air Arabia Abu Dhabi flies to after Calicut, Chennai, Jaipur, Karachi, Kochi, Thiruvananthapuram. The new service represents the 20th route for Air ...

  Singapore / Gulf Time dnata, a leading global air and travel services provider, continues to invest in infrastructure and equipment to further improve resource efficiency globally. The company has installed a 3.5 megawatt-peak rooftop solar power system across its operations, including its cargo and catering facilities, at Changi Airport (SIN). The rooftop power plant comprises of over 6,500 individual ...

  Bloomberg French power futures rose to their highest level this year after Electricite de France SA found further indications of corrosion on its nuclear fleet, potentially worsening Europe’s supply crisis. French nuclear capacity is already at its lowest in a decade for this time of year as the energy giant is keeping some of its 56 reactors offline for ...

  Bloomberg Siemens Gamesa Renewable Energy agreed to sell its European onshore wind portfolio to Scottish utility SSE for $630 million. It’s the first major divestment for CEO Jochen Eickholt after he was promoted last month to try to turn the turbine maker around as project delays and cost overruns led to profit warnings. The industry is grappling with soaring commodity ...

Remember Azovstal. Some phrase like that could soon take the part of “Remember the Alamo” Azovstal is a giant steel plant in Mariupol, the city in eastern Ukraine that Russian forces are pounding into submission and, in effect, extinction. In it, a couple of thousand Ukrainian troops, sheltering a smaller number of civilians, are holding out under constant Russian bombing ...

In 2015, German entrepreneur Michael Cassau was in need of some gadgets for an apartment he was planning to occupy for a few months. Buying seemed wasteful, considering the cost of new devices and the environmental impact associated with manufacturing new ones. But renting, an obvious option, simply wasn’t available. So Cassau founded Grover Group, a gadget rental company based ...

  It’s an idea that won’t lie down. US-led sanctions against Russia and the threat that they could ensnare China will prompt Beijing to elevate the international role of the yuan, potentially marking a turning point for the global financial order. Dream on. The structural impediments to the Chinese currency challenging the dollar’s dominance are so great that it’s surprising ...

  We want our governments to be creative in solving intractable problems. But the new British policy of sending asylum seekers 4,000 miles away to Rwanda doesn’t count as the “innovative” answer to people-smuggling that Prime Minister Boris Johnson and Home Secretary Priti Patel claim. Patel has faced constant criticism over her failure to tackle the problem of migrants crossing ...