Dubai / WAM The number of UAE-based private sector employees increased by nine percent in Q2, 2022, compared to the same period last year, the Ministry of Human Resources and Emiratisation (MoHRE) said on Wednesday in its private sector workforce report. The number of private sector employees registered in MoHRE’s database by the end of Q2 totalled 5,376,842, it added. ...

  Abu Dhabi / WAM The Emirates Water and Electricity Company (EWEC) on Wednesday announced that entered a clean energy agreement with Mediclinic Middle East. The agreement will see Ewec’s clean energy sources powering 100 percent of the electricity consumption of Mediclinic’s Abu Dhabi hospitals and medical centres for a full operating year, supporting the hospital group’s efforts to adopt ...

  Abu Dhabi / WAM Abu Dhabi Waste Management Centre (Tadweer) signed a consultancy agreement with KEO International Consultants to conduct a feasibility study for developing a project on extracting greenhouse gases from Al Dhafra landfill and converting them into environmentally-friendly energy. This aligns with the centre’s plan to achieve an efficient waste management system and use the best methods ...

  Abu Dhabi / WAM The Emirates Water and Electricity Company (EWEC) on Wednesday announced that it has entered a clean energy agreement with Mediclinic Middle East. The agreement will see Ewec’s clean energy sources powering 100 percent of the electricity consumption of Mediclinic’s Abu Dhabi hospitals and medical centres for a full operating year, supporting the hospital group’s efforts ...

Ajman / WAM A report by the Department of Municipality and Planning in Ajman revealed that the value of construction contracts in the emirate exceeded AED2.1 billion in the first half of 2022, higher than during the same period in the two previous years. In 2020, construction contracts were valued at AED800 million, and AED1.9 billion in 2021. Abdul Rahman ...

  Dubai / WAM The Ministry of Health and Prevention (MoHAP) has organised a national workshop in collaboration with the WHO Regional Office for the Eastern Mediterranean to address the “One Health” approach, an integrated, unifying tool for joint assessment and control of zoonotic diseases. The two-day workshop discussed the concept of the “One Health” approach, which requires combining the ...

  Dubai / WAM A steady surge of growth throughout the second quarter has propelled Dubai International’s (DXB) half yearly traffic to 27.9 million passengers. DXB achieved the milestone despite a significant reduction in capacity resulting from the 45-day closure of its northern runway in May-June for a major refurbishment project. Maintaining its growth recovery for the ninth successive quarter ...

  China’s ambitious students and their parents once dreamed of acquiring an American university education. Now that dream is dying. During the first half of 2022, US student visas issued to Chinese nationals plummeted more than 50% compared with pre-pandemic levels, according to a report in the Wall Street Journal. The US isn’t directly limiting the number of visas. Rather, ...

Wall Street banker bonuses are supposed to be kept secret for a variety of reasons. If everyone knew who was paid what, there would be an uprising as people discovered that clear underperformers were getting compensated more than them. It happens. Wall Street compensation is not always about performance. As I outlined in a column earlier this year, it’s largely ...

  SoftBank Group Corp Chief Executive Officer Masayoshi Son and Credit Suisse AG Chairman Axel Lehmann doubtless wish their respective firms had never met disgraced financier Lex Greensill. But hopefully they — and the finance industry at large — can learn lessons from the scandal that ensued. Greensill’s charm, self-belief and supposed skill at turning the staid business of supply-chain ...