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July 30, 2022 Local News, Uncategorized
Abu Dhabi / WAM In line with the emirate’s commitment to adopting international best practices and making healthcare services further accessible to all community members, the Department of Health – Abu Dhabi (DoH), announced that Covid-19 vaccines and PCR tests will be available in pharmacies.. Covid-19 vaccines will be provided free of charge and the PCR tests will be ...
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July 30, 2022 Local News
ABU DHABI / WAM Statistics Centre – Abu Dhabi (SCAD) has received a delegation from the Department of Statistics and Community Development – Sharjah (DSCD) headed by Sheikh Mohammed bin Humaid Al Qasimi, Chairman of the Department, and Sheikh Sultan bin Abdullah bin Salem Al Qasimi, Director of the Department, to discuss means of cooperation. During the visit, the ...
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July 30, 2022 Local News
DUBAI / WAM The Board of Directors of the Dubai Financial Services Authority (DFSA) has announced the appointment of Ian Johnston to the position of Chief Executive Officer of the DFSA, effective September 1. Ian Johnston, who served as the DFSA’s Chief Executive from 2012 to 2018, will succeed F. Christopher Calabia who stepped down from his position. Over ...
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July 30, 2022 Local News, Uncategorized
Dubai / WAM Dubai Electricity and Water Authority (Dewa) has enhanced integration between different energy resources in its smart grid through its Virtual Power Plant (VPP), the first of its kind in the region. The first phase has aggregated the Distributed Energy Resources (DERs) operated by Dewa’s R&D Centre, and managed them as a single mixed portfolio of generation ...
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July 30, 2022 Energy
Bloomberg Exxon Mobil Corp posted its best-ever profit, reaping the rewards from surging commodity prices as supply disruptions run headlong into rising demand and consumers feel the pinch. Second-quarter adjusted earnings of $4.14 per share beat the $3.98 forecast by the Bloomberg Consensus. Net income reached $17.9 billion, surpassing the previous record set in 2008. The biggest North American oil ...
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July 30, 2022 Energy
Bloomberg Engie SA Chief Executive Officer (CEO) Catherine MacGregor said the French utility’s clients are cutting natural gas consumption as prices soar amid Russia’s squeeze on fuel deliveries to Europe. “Gas demand has declined among our customers, whether its households, small businesses or large manufacturers,†MacGregor said on a conference call on Friday. That’s probably the result of energy savings, ...
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July 30, 2022 Energy
Bloomberg Eskom Holdings SOC Ltd., the South African state-owned power utility, is looking to replace Zimbabwe as an importer of electricity from Mozambique and Zambia to help ease rolling blackouts. Zimbabwe’s contracts with Mozambique’s Electricidade de Mocambique and Zambia’s Zesco Ltd. are set to expire at the end of the month, according to Sydney Gata, the executive chairman of the ...
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July 30, 2022 Energy
Bloomberg Eni SpA raised share buybacks after profits surged due to high oil and gas prices. The Italian oil giant will repurchase a further 1.3 billion euros ($1.3 billion) of shares this year, raising the total to 2.4 billion euros, which is close to the top end of the previously specified buyback range. Investors in Big Oil are receiving a ...
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July 30, 2022 Energy
Bloomberg The biggest US coal miners are seeing soaring revenues as global demand for the dirtiest fossil fuel drives prices to record highs. Peabody Energy Corp., the biggest US coal producer, saw second-quarter sales jump 83% to $1.32 billion, the most since 2018, the company said in a statement. Arch Resources Inc. reported revenue of $1.13 billion, more than ...
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July 30, 2022 Opinion
Even as the world braces for recession, the big consumer groups, including Coca-Cola Co, Nestle SA and Unilever Plc, beat expectations and raised their sales guidance this earnings season. It seems many shoppers were prepared to pay more for their products. Yet this optimism flew in the face of an earlier warning about the sector: Walmart Inc, a bellwether ...
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