DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, has stated that the UAE has a logistical system that is the most sophisticated and efficient of its kind in the region, and it is not possible to maintain ”our logistical excellence without enhancing the quality of the ...
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Invest in Sharjah webinar explores prospects for Indian businesses
Sharjah / WAM The Sharjah FDI Office, Invest in Sharjah, an affiliate of the Sharjah Investment and Development Authority, Shurooq, organised an interactive business webinar via the Zoom platform to introduce emerging prospects and investment opportunities in competitive sectors to potential investors and businesses from across India, and to highlight the range of services and facilities offered by the various ...
Read More »UAE sends 3rd medical aid plane to Kazakhstan
Abu Dhabi / WAM The UAE on Saturday sent a third aid plane carrying 16.5 metric tons of medical supplies and testing kits to Kazakhstan. This aid will assist approximately 16,000 medical professionals as they work to contain the virus, bolstering the country’s efforts to curb the spread of Covid-19. In light of the UAE’s keenness to strengthen and develop ...
Read More »Tadweer collects 1.05m tons of waste in H1
Abu Dhabi / WAM Abu Dhabi Waste Management Centre (Tadweer) announced that it has collected 1,056,045.50 tons of waste from domestic, small commercial entities as well as farms through its contractors in the first half of 2020 from across various regions of Abu Dhabi. Collected through the companies contracted with Tadweer to provide waste collection and transportation services, this waste ...
Read More »Green hydrogen to be competitive with fossil fuels
Bloomberg Hydrogen made from renewable power will be competing on price with producing the gas from fossil fuels within two decades, according to analysis by research firm Wood Mackenzie Ltd. The cost of green hydrogen will drop 64% by 2040, the researchers said. Hydrogen is seen as key to cutting global greenhouse gases as it could eliminate the use of ...
Read More »Abe defied expectations to build better Japan
Shinzo Abe, Japan’s longest-serving Prime Minister, is resigning due to ulcerative colitis. He leaves behind a Japan that is both economically stronger and more socially liberal than the one he inherited. When Shinzo Abe took over Japan’s leadership in late 2012, I was extremely skeptical. After a short and unimpressive tenure in office in the mid-2000s, Abe seemed unlikely to ...
Read More »Rolls-Royce becoming British calamity
When the employees of Rolls-Royce Holdings Plc read that coronavirus lockdowns and home-working have ignited a technology boom, they could be forgiven for weeping. The company makes the jet engines that power large passenger jets, which is one of the most technically complex engineering tasks known to man. And yet, most of Rolls-Royce’s products are grounded right now because hardly ...
Read More »FDA made right call on plasma treatment
Ordinarily, a new medical treatment is approved only after at least one large-scale, randomised controlled trial shows it to be effective without being harmful. Yet at times — and notably during epidemics — evidence can mount that a treatment is safe and effective before we have that final evidence. We think this is the case with Covid-19 and convalescent plasma. ...
Read More »Fed’s new strategy comes with big risks
After a more than year-long review of its monetary policy strategy, the Federal Reserve has decided it will throw away the rule book and let inflation run higher and unemployment run lower before seeking to tighten financial conditions. To be clear, this change leaves the central bank pursuing an almost completely discretionary monetary policy, one where the risk is that ...
Read More »Boeing grounds eight 787 jets as flaws create risk of failure
Bloomberg Boeing Co grounded eight of its 787 Dreamliner jets for inspection and repair after finding two manufacturing flaws that together could compromise the structural integrity of the aircraft. The distinct issues involve the composite barrel sections at the rear of the wide-body plane, which are melded together at a Boeing plant in South Carolina. Together, the flaws cause the ...
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