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Expo 2020 Dubai visit numbers cross seven million mark

  Dubai / WAM Expo 2020 Dubai visit numbers have increased significantly to a total of 7,167,591 visits in the period up to December 20, as organisers continue to maintain robust Covid-19 measures, ensuring a safe and exceptional event for all attending. Expo 2020’s virtual visitation rose to 31.6 million over the same period, mainly driven by the uptake of ...

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UAE announces 149 new recoveries from Covid-19

  Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 272,115 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. ...

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Second edition of Al Burda Festival opens

  Dubai / WAM Under the patronage of HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, the second edition of Al Burda Festival opened at the Dubai Exhibition Centre, Expo 2020 Dubai. Organised by the Ministry of Culture and Youth, this year’s edition of Al Burda Festival takes place under the theme “Transcending Spaces, ...

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Adnoc Distribution opens new service station in Saudi

  Abu Dhabi / WAM Adnoc Distribution, the UAE’s largest fuel and convenience retailer, announced on Monday the opening of its latest Adnoc service station in KSA – the first to fully showcase the company’s modern fuel and retail convenience offering with an integrated Adnoc Oasis store, car wash and lube change. During the first half of 2021, Adnoc Distribution ...

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Adnoc Distribution opens new station in Saudi Arabia

  Abu Dhabi / Gulf Time Adnoc Distribution, the UAE’s largest fuel and convenience retailer, announced today the opening of its latest Adnoc service station in KSA – the first to fully showcase the company’s modern fuel and retail convenience offering with an integrated Adnoc Oasis store, car wash and lube change. During the first half of 2021, Adnoc Distribution ...

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European energy prices soar as deep freeze arrives

  Bloomberg Europe is bracing for energy shortages as freezing weather sets in, boosting demand and sending prices surging at a time when supply just can’t keep up. Temperatures are forecast to fall below zero degrees Celsius in several European capitals, straining electricity grids already coping with low wind speeds and severe nuclear outages in France. To make matters worse, ...

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China’s solar firms fall over US’s plan failure

  Bloomberg Solar firms in China fell after a $2 trillion US economic plan with crucial climate provisions suffered a potentially fatal setback in Congress. Trina Solar Co fell as much as 7.7% and Longi Green Energy Technology Co slipped as much as 3.3% in Shanghai. The Build Back Better Act, rejected in a surprising decision by Senator Joe Manchin, ...

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Can you trust suppliers after a terrible 2021

  The supply chain crunch has turned the once-staid world of manufacturing and industrials upside down. The imbalance is so severe that consumers are feeling the pain, as prices of raw materials and goods are thrown out of whack. Debates about inflationary pressures are raging. What more could go wrong? Well, a lot. Especially if the grease that makes the ...

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Better late than never for BOE

The stimulus era is formally over. The Bank of England’s (BOE) surprise 15 basis point interest-rate increase finally moved the agenda from pandemic recovery onto fighting inflation. The pound rose nearly 1% versus the dollar and the entire gilt yield curve rose about eight basis points. The conditions were just too strong for the monetary policy committee to ignore any ...

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In the current day wars, everything is a weapon

  On September 3, 1939, Britain declared war on Nazi Germany. On Decmber 11, 1941, Germany declared war on the US. On August 8, 1945, Russia declared war on Japan. The point here is that for the best part of a thousand years, a convention prevailed that before one state waged war against another, it formally announced its intention to ...

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