NIAMEY / WAM The United Arab Emirates on Monday sent a plane carrying 52 metric tons of food supplies to the Republic of Niger as part of its initiatives during the Holy Month of Ramadan. Amer Al Menhali, Charge d’Affaires of the UAE Embassy in Chad, said, “The UAE considers cooperation with the international community to be crucial, especially in ...
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Abu Dhabi unveils Arab world’s 1st electromagnetic compatibility labs
ABU DHABI / WAM Technology Innovation Institute (TII) on Monday announced that its Directed Energy Research Centre (DERC) has unveiled its Electromagnetic Compatibility (EMC) laboratories in Abu Dhabi, housed in a first of its kind facility in the Arab world. The facility is composed of three laboratories — an EMC semi-anechoic chamber, a pulsed power laboratory, and a low-noise emanation ...
Read More »Global Village breaks 25th Guinness World Record title
Dubai / WAM Global Village, the UAE and wider region’s leading multicultural family destination for culture, shopping, and entertainment, concluded its Silver Jubilee Season in spectacular fashion, etching its name in the history books to the delight of all in attendance. Having set out in October with the aim of breaking 25 Guinness World Records to honour the milestone anniversary, ...
Read More »Japan’s Kansai, Marubeni cancel last coal power plant project
Bloomberg A joint venture in Japan has scrapped plans for a coal-fired power plant, leaving the country with no new construction on the horizon as companies drop the dirty fuel amid tighter emissions rules and strong growth outlook for renewables. Kansai Electric Power Co and Marubeni Corp won’t move forward with a 1.3 gigawatt coal power project in Akita prefecture ...
Read More »If Italy’s economy fails, then Europe fails too
Italy’s parliament has approved Mario Draghi’s 261 billion-euro ($315 billion) spending plan to resurrect the euro zone’s third-largest economy from the ruins of the pandemic. Now comes the hard part: Implementing the tough structural reforms Italy needs to drive growth and rebalance public accounts, and convincing Italians it’s the right path. Failure to do so would consign Italy to decline ...
Read More »Tesla on thin ice with China watchdog
Elon Musk has done a better job at selling and making cars in China in just two years than he has in the US over the past decade. As a foreign business, he’s also had a smooth ride with the authorities — until recently. Last Month, a Tesla Inc owner at the Shanghai Auto Show protested the company by jumping ...
Read More »Who pays $24 million to protect Zuckerberg?
Many of us spent the better part of 2020 trapped in our homes — not able to travel, attend a live event, see a movie on a big screen, or get together with friends and family outside of our immediate pods. But judging from corporate disclosures, it seems these restrictions didn’t apply to a small subset of people — specifically, ...
Read More »Senator Tim Scott has a Post-Trump playbook
Delivering the official rebuttal to a presidential address to Congress has never been an especially auspicious assignment. At best it is a mixed blessing; at worse, a ticket to oblivion. That’s what made Senator Tim Scott’s speech last week so exceptional. In both tone and content, it shows that the Senate’s only Black Republican is a rare political talent who ...
Read More »Airbus gets cash boost from flurry of new jet deliveries
Bloomberg Airbus SE generated positive cash flow for the third quarter in a row, while warning that new coronavirus flareups threaten progress toward a recovery in air travel. The European planemaker reported 1.2 billion euros ($1.5 billion) in adjusted free cash flow between January and March, when aircraft deliveries surpassed the mostly pre-pandemic first quarter of 2020. Profit came in ...
Read More »Kroger delivery takes to skies with drone pilot
Bloomberg Kroger Co is diving into drone delivery, starting a pilot at a store near its Cincinnati headquarters. The supermarket chain is partnering with Drone Express, a unit of Telegrid Technologies, to deliver groceries from a store in Centerville, Ohio, later this spring, the companies said in a statement. The technology allows for deliveries of up to five pounds to ...
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