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UAE, Afghanistan discuss strategic, cooperation ties

ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Mohammed Haneef Atmar, Minister for Foreign Affairs of Afghanistan, have discussed strategic and cooperation relations between the two countries in various fields. This came during a telephone call, wherein the ministers exchanged views on the latest regional and international developments, ...

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UAE provides 21.4 tonnes of food aid to Mukalla residents

Abu Dhabi / WAM The United Arab Emirates has provided 500 food parcels containing 21.4 tonnes of food aid to the residents of Mukalla District, Hadramaut Governorate, benefitting 2,500 members of underprivileged families. The food aid, which was distributed by Emirates Red Crescent (ERC) teams, is part of the UAE’s efforts to alleviate the suffering of local people and normalise ...

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Ruler of Sharjah okays Al Qasimia University budget

Sharjah / WAM His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member, Ruler of Sharjah and President of Al Qasimia University (AQU) approved the budget of the University for the academic year 2020/2021. According to this approved budget, 300 students will be accepted to study in the current semester, with the continuation of studies for 1,252 students ...

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UAE reports 94 more recoveries from Covid-19

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced Monday that it conducted 71,282 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 treatment. ...

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Aldar makes strong progress on sustainability agenda

Abu Dhabi / WAM Aldar Properties PJSC (Aldar) published its second annual sustainability report, demonstrating strong progress in 2019 and charting an ambitious roadmap for the future through a number of key commitments. Formulated in close alignment with key global indices and standards including the Global Reporting Initiative (GRI) Standards, the report formally enshrines Aldar’s approach to responsible corporate citizenship, ...

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Shell mulls sale of natural gas unit

Bloomberg Royal Dutch Shell Plc said it’s considering a sale of a Norwegian natural gas supplier, as the energy major continues to selectively dispose of assets. The company is exploring a disposal of its Gasnor unit, a spokesperson confirmed in response to Bloomberg queries. Shell has approached infrastructure funds and private equity firms about a deal, people with knowledge of ...

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Japan urged to boost green power on climate goals

Bloomberg To do its part to help avoid catastrophic climate change, Japan must significantly change its power mix between now and 2030, according to a report by the Asia Investor Group on Climate Change. The country must lift the proportion of renewable energy in its generation to 50%, and nuclear to 20%, by 2030 to meet Paris Agreement goals of ...

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China’s Shanxi Coal getting into solar production

Bloomberg Mid-tier Chinese coal miner Shanxi Coal International Energy Group is planning a significant investment in the competing business of making high-tech solar power cells. The state-owned firm will lead a joint venture to build a 3-gigawatt solar manufacturing plant for 3.19 billion yuan ($461 million), according to a statement. It’s the first phase of a project that will grow ...

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Blackstone gains $5b on LNG stake

Bloomberg Blackstone Group will see a $5 billion gain from selling a stake in the largest liquefied natural gas export terminal in the US. The firm’s private equity business is unloading its stake of just over 40% of Cheniere Energy Partners LP to Brookfield Asset Management Inc and its own affiliated infrastructure group, according to a filing. Brookfield negotiated the ...

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