Abu Dhabi / WAM Abu Dhabi Sustainability Week (ADSW) the global platform for accelerating sustainable development, will be held from January 18-21, 2021 and reimagined virtually. Ensuring the safety of all participants, ADSW 2021 and related high-level events during the week are set to take place virtually. In addition, partners including its host Masdar will collaborate on all events, including ...

DUBAI / WAM The board of directors of the Emirates Integrated Telecommunications Company (du) agreed to sell 26 percent indirect stake in Khazna Data Center to the Technology Holding Co., the company said in a statement published on the Dubai Financial Market’s website. “The company’s board has further approved the delegation to the management to conclude the transaction,” du added ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced on Wednesday that it conducted 85,917 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 ...

Mokha / WAM A UAE ship carrying tons of food aid supplies has docked in the Yemeni port of Mokha, as part of the second phase of the UAE’s humanitarian drive in Yemen this year. The aid is being distributed by the UAE’s humanitarian arm, the Emirates Red Crescent (ERC), in districts that include Bayt Al Faqih, Al Hawak, Ad ...

Abu Dhabi / WAM The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) the world’s first graduate-level, research-based artificial intelligence (AI) university, will welcome an international inaugural cohort of students when the first semester begins on January 10, 2021. MBZUAI extended admission offers to 101 students from 31 countries for the first academic year commencing in January 2021. Initial plans ...

DUBAI / WAM Dubai Economy has partnered with noon.com, the region’s leading homegrown digital marketplace, to connect local startups that have a Dubai Economy’s DED Trader licence with customers across the region through its Mahali digital store. The creation of Mahali on noon.com and the partnership with the Dubai Economy reflect the efforts of both entities to further drive digital ...

Dubai / WAM Dubai Future Foundation and Dubai Municipality (DM) have announced the launch of the “Future of Construction Tech” programme within Dubai Future Accelerators (DFA). The programme drew the participation of 10 companies from the UAE and across the world with the aim of creating quality and technologically-advanced solutions to enhance supervision and inspection services in buildings either under ...

Bloomberg Quantafuel AS, a Norwegian company turning plastic waste into motor fuels, jumped the most ever in Oslo trading after finally starting operations at its first plant. The company, which was founded in 2014, has more than tripled in value since listing on Oslo’s Merkur Market in February. It’s now valued at more than $1 billion. Quantafuel started production at ...

Regional elections are often dull and predictable. Unfortunately for President Vladimir Putin, the ones in Russia will be neither, when the world’s largest country goes to the polls. The dramatic poisoning of opposition campaigner Alexey Navalny adds to a string of events that will make it harder than ever for the Kremlin to guarantee its desired results. A dress rehearsal ...

At last we have at least a partial explanation for why Tesla Inc’s stock gained 500% this year: Massive bets on high-flying technology shares by SoftBank Group Corp and others using equity derivatives. The extraordinary rise valued Elon Musk’s electric car business at $464 billion at the peak in late August, when only six US companies were worth more. Unfortunately ...