Dubai / WAM Dubai Electricity and Water Authority (Dewa) has announced breaking its own world record in major inspection outage duration for the overhaul of gas turbines and desalination units, recorded in 2019. This achievement promotes Dewa’s position as a globally leading sustainable model for overhauling gas turbines and desalination units. Dewa has reduced the maintenance outages for critical ...

  Abu Dhabi / WAM Wole Soyinka, recipient of the Nobel Prize in Literature, has been appointed Arts Professor of Theater at New York University Abu Dhabi (NYUAD) effective September 1. A multifaceted artist-dramatist, poet, essayist, musician, philosopher, teacher, human rights activist, and global artist and scholar, Soyinka joined the NYUAD Theatre Programme as a full-time faculty member, thereby offering ...

  Sharjah / WAM Sharjah Real Estate Registration Department (SRERD) has revealed that total transactions carried out during the past month amounted to 2,417 transactions across 71 different areas distributed over the emirate of Sharjah. The transactions are broken down as follows: 588 sales transactions, 338 mortgage transactions, and 1,491 classified as other miscellaneous transactions. SRERD monthly report showed percentages ...

  Abu Dhabi / WAM The United Arab Emirates (UAE) on Tuesday sent a plane carrying 50 tonnes of essential food items to the Republic of Zimbabwe to meet the needs of thousands of families and vulnerable groups such as women, children, and the elderly. Dr Jassim Muhammad Al Qasimi, UAE ambassador to Zimbabwe, said, “Sending food items to the Republic ...

  Sharjah / WAM More than 61,000 licenses were issued and renewed during 2021 in Sharjah, with a growth rate of 8% compared to 2020, the Sharjah Economic Development Department (SEDD) said in its annual report. This comes within the wise vision of HH Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, to meet ...

  Dubai / WAM Dubai has consolidated its position as a leading destination for international business events in the first half of 2022, securing the rights to host major conferences, congresses, incentive travel programmes and other meetings over the forthcoming years. Over the first six months of 2022, Dubai Business Events (DBE), Dubai’s official convention bureau, collaborated with stakeholders across ...

The history of warfare has no precedent for what is happening right now in Zaporizhzhia, Ukraine. Never before has a nuclear power plant been on the front line of a major war, and indeed a main object of the warring parties’ strategies. How Russia, Ukraine and the rest of the world handle this moment of peril is becoming a test ...

One may earn a high salary, but only real estate can build up wealth — for decades, that’s been the Chinese mentality. Real estate accounts for roughly 70% of China’s household wealth, and as much as 30% of its economy. But China Evergrande Group’s debt blowup, with the tumbling home prices and mortgage boycotts that followed, have sent the economy ...

  Investors are eager to understand what’s happening at FedEx Corp’s Ground unit, which has been the company’s crown jewel of rising sales and profit for a couple of decades. That’s why almost a dozen Wall Street analysts and two big FedEx investors traveled to Las Vegas over the weekend to hear the view of contractors that make the last-mile ...

  Last week’s enactment of the 2022 budget-reconciliation bill, also known as the Inflation Reduction Act, is being treated by many analysts as a major turning point in Joe Biden’s presidency. As recently as last month, when it looked like Congress might not pass reconciliation legislation this year, conventional wisdom in Washington suggested that Biden was a failing president who ...