DUBAI / WAM The Government of Dubai has formed the “Cashless Dubai Working Group” to create an action plan to shift all payment transactions in Dubai to secure and easy-to-use cashless platforms across sectors. The initiative brings together Smart Dubai, Dubai’s Department of Finance (DoF) the Supreme Legislation Committee, Dubai Economy, Dubai Police, Dubai Economic Security Centre, Dubai Chamber, and ...

DUBAI / WAM The Dubai Foundation for Women and Children is launching its sixth violence against women campaign in the UAE, in conjunction with the global UNiTE to End Violence against Women campaign launched by the Secretary-General of the United Nations. The 16 day campaign will run from November 25 (International Day for the Elimination of Violence against Women) to ...

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has signed a Memorandum of Understanding (MoU) with the China Council for the Promotion of International Trade in Shanxi Province, as part of the SCCI’s participation in the Shanxi-Middle East Economy and Trade Cooperation Conference, which was held virtually with the participation of economic organisations and institutions from the ...

Abu Dhabi / WAM The Mena region’s largest event focussed on innovation in financial services, the FinTech Abu Dhabi Festival (FinTech AD), kicked off on Tuesday and will run until November 26. Held under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Vice President of the Abu Dhabi Executive Council, and co-hosted by the Central Bank of the ...

ABU DHABI / WAM The Department of Culture and Tourism (DCT) Abu Dhabi has relaunched its ground-breaking programme for selecting and hiring Emirati talent into the workplace. The programme, called Emirati Talents, was officially launched in November 2019 with a series of innovative events that engaged interested candidates in activities and challenges to assess the next generation of Emirati talent. ...

Bloomberg China may delay the launch of its national carbon market for power companies to the first half of 2021, according to a researcher who helped the government design the emissions trading system. Actual trading of emission allowances will likely begin next year, Zhang Xiliang, director of Tsinghua University’s Institute of Energy, Environment and Economy, said at the International Finance ...

Bloomberg The UK government plans to double the amount of renewable power supported by the country’s main subsidy mechanism and create a new structure that will bolster a variety of technologies, speeding up a wave of new investment. The next round of the contracts for difference system will clear the way for as much as 12 gigawatts of new green ...

Bloomberg A 230-metre tall wind turbine built by Vestas Wind Systems A/S collapsed at a site in northern Sweden over the weekend. The cause of the accident is unknown and the company is assembling a team that will investigate at the site, spokesman Anders Riis said by phone. A lot of snow is expected this week, which may delay the ...

A classic episode of “The Twilight Zone” from 1961, “It’s a Good Life,” features a telepathic, malicious 6-year-old brat named Anthony who holds an entire town hostage. Anthony transforms one adult who crosses him into a jack-in-the-box. Everybody else who wants to survive kowtows. “It’s real fine that you’ve done that, that’s real fine,” the local grocer tells Anthony after ...

Janet Yellen knows a deep recession and a patchy recovery from the inside. She’ll need all that policy prowess and a healthy dollop of political nous to steer the US, and by default the rest of the world, through this epic slowdown. The former Federal Reserve chair is Joe Biden’s pick for Treasury secretary, according to people familiar with the ...