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Boom in solar panel, EV battery factories brings net zero closer

BLOOMBERG  If the world is to reach net zero emissions by mid-century, we will need to install several times more wind turbines and solar panels than we are adding today, as well as many times more batteries, hydrogen electrolysers and heat pumps. That requires manufacturing them first. A new analysis from the International Energy Agency (IEA) shows the current industrial ...

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Three-day culinary fair begins at Expo Centre Sharjah

SHARJAH / WAM ExpoCulinaire 2023 will be spicing up the region’s hotel, hospitality, restaurant and catering industry when it begins on May 29 at Expo Centre Sharjah. Purple Kitchen Events, in association with Expo Centre Sharjah, Sharjah Chamber of Commerce and Industry and key industry partners, is organising the three-day exhibition to offer the perfect recipe for success to regional ...

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MBRGI and WFP delegation visits flood victims in Pakistan

DUBAI / WAM A delegation from Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) and the United Nations World Food Programme (WFP) visited Sindh in Pakistan, specifically Maghan Halepoto and Soomar Sher in District Mirpurkhas, as part of the 1 Billion Meals campaign. The delegation included Sarah Al Nuaimi, Director of MBRGI; Amani Batarfi, Associate Project Manager at MBRGI; Al ...

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UAE’s EDB, Paraguay’s AFD sign pact to bolster collaboration

ABU DHABI / WAM Emirates Development Bank (EDB), a key financial engine for the economic development and industrial advancement of the UAE, signed a memorandum of understanding (MoU) with Paraguay’s Development Finance Agency (Agencia Financiera de Desarrollo, AFD), establishing a strategic partnership between the two parties. The signing was witnessed by José Agüero Avila, ambassador of Paraguay to the UAE. ...

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Al Mazrouei leads UAE delegation to Development Road Conference in Iraq

ABU DHABI / WAM  Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, headed the UAE delegation to the Development Road Conference, which launched in Iraq under the patronage of Iraqi Prime Minister, Mohamed Shiaa Al-Sudani. The one-day conference brought together transport ministers and officials from the Gulf Cooperation Council, Iran, Turkiye, Syria and Jordan and representatives of the ...

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Ajman, Türkiye discuss ways to boost trade and investment

AJMAN / WAM The Ajman Chamber of Commerce and Industry (ACCI) organised the Ajman-Türkiye Business Forum, with the aim of discussing opportunities to expand the volume of trade and joint investment, and provide an interactive platform for exchanging experiences, expanding business networks, developing strategic partnerships, and leveraging the promising opportunities and capabilities available in both Ajman and Türkiye. The forum ...

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Sharjah Sports Club wins President’s Cup for Karate

SHARJAH / WAM The Sharjah Sports Club team was crowned champion of the President’s Cup for Karate (Kata and Kumite). Eighty athletes from seven clubs across the country competed in the championship. Major General (retired) Nasser Al Razooqi, President of the UAE and Asian Karate Federations and Vice-President of the World Karate Federation, and several sports officials attended the event. ...

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Amazon shareholders reject a slate of outside proposals

BLOOMBERG Amazon.com Inc shareholders voted down a slate of outside resolutions that would have asked the company to disclose more on workers’ rights and its climate change work, among other issues. Investors also approved Amazon’s executive pay practices, despite recommendations for a “no” vote from major shareholder advisory firms. The company reelected its slate of directors, one of whom was ...

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