Dubai / WAM There is vast potential for the UAE and Kazakhstan to expand business ties in key sectors and areas of mutual interest, such as food security, agriculture and digitalisation of economic sectors, according to government officials and trade experts who spoke at the latest Global Partnership Series event. The virtual forum, organised by the Dubai Chamber of Commerce ...

DUBAI / WAM Since the dawn of the Union, the UAE has stood out as a beacon of hope for the advancement and empowerment of women and they have played a pivotal role in the development and journey of the UAE, stated Abdullah bin Mohammed Al Hamed, Chairman of the Department of Health – Abu Dhabi (DoH), on the occasion ...

Dubai / WAM Dubai Municipality has won Ideas Arabia international award, organised by Dubai Quality Group, in the “Sustainability” category, through the initiative “Applying Artificial Intelligence System to Monitor and Control Wastewater Treatment Processes at Jebel Ali Plant.” Eng. Mohammad Al Rayes, Director of Sewage Treatment Network and Plants Department at Dubai Municipality, said: “The initiative aims to implement a ...

Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has been accredited by a specialised benchmarking study accredited for the superior performance in ensuring that the daily operation of the Dubai Metro complies with the standard noise and vibration levels. Such findings were made in a study that covered multiple metro systems of metropolitan cities in the second half of ...

BELGRADE / WAM Mubarak Saeed Burshaid Al Dhaheri, UAE Ambassador to Serbia, and Ana Brnabic, Prime Minister of Serbia, discussed the distinguished relations between the two friendly countries and ways of bolstering them. The two sides also affirmed the keenness and support of the leadership in their respective countries to develop aspects of joint cooperation in all fields, including in ...

DUBAI / WAM The UAE prioritises the health sector, offers its citizens and residents comprehensive world-class healthcare services, and constantly aims to improve these services. Shakhbout Medical City (SSMC) is a leading health sector development project not only in the country but also in the entire region, providing advanced health and medical services in line with the highest international standards. ...

Bloomberg Germany agreed to compensate Vatenfall, RWE, EnBw and E.ON 2.4 billion euros ($2.9 billion) for losses suffered following the country’s decision to phase out nuclear power after the Fukushima Dai-Ichi meltdowns. The deal ends the decade-long battle between the government and Germany’s biggest energy companies. It comes in an election year when the green credentials of Europe’s largest economy ...

Democrats are closing their eyes and throwing the dice. Congress is passing President Joe Biden’s $1.9 trillion pandemic relief bill with shockingly little information about whether the US economy can safely absorb it. The Federal Reserve isn’t helping. Its signals to markets, businesses and households have been surprisingly blasé about the possibility of the economy overheating and inflation accelerating. Predictions ...

The American Petroleum Institute is debating whether to support a price on carbon. It’s not every day that a top lobbying group contemplates taxing itself. That’s big news, and it’s tempting to call it a win for the climate. Not so fast. While API’s expected endorsement is indeed a sign of the times, it’s not a good one. For one, ...

Sometimes economists are just flat-out wrong. According to economic theory, annuities and reverse mortgages should be very popular for managing risk and liquidity — yet both products struggle for mainstream acceptance. Another favorite of economists is prediction markets: contracts with payoffs contingent on some real-world event. Their future is also highly uncertain. In essence, prediction markets let people “bet” on ...