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SIH launches Ramadan cultural programme

  SHARJAH / WAM The Sharjah Institute for Heritage (SIH) has launched the activities of the Ramadan cultural programme which will run until April 21. Speaking on the occasion, Dr Abdul Aziz Al Musallam, Chairman of SIH, said, “The revival of the heritage area in the heart of Sharjah and the rest of the emirate’s regions came during the Holy ...

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Adek’s ‘Library on Wheels’ initiative to continue year-long

  ABU DHABI / WAM The ‘Library on Wheels’ initiative, operated by the Abu Dhabi Department of Education and Knowledge (Adek), will continue its tour of the emirate on a year-long basis. This comes after a series of successful pop-ups at schools and key locations in Abu Dhabi city during March, as part of the ‘Abu Dhabi Reads’ programme. Part ...

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Emirates Islamic bank contributes AED5mn to 1 Billion Meals Initiative

  DUBAI / WAM Emirates Islamic bank has announced that it has contributed AED 5 million to the 1 Billion Meals initiative, the largest of its kind in the region to provide food to underprivileged and vulnerable groups suffering from food insecurity in 50 countries. The contribution of the Emirates Islamic bank helps provide basic foodstuffs to individuals and families ...

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Geothermal powerhouse Iceland struggles with lack of electricity

  Bloomberg Isolated from any other country’s power networks, Iceland has this winter faced a new predicament: running out of electricity. Sitting in the Atlantic Ocean, 850 kilometres (530 miles) from the Scottish coast, the country had to be self-sufficient in electricity generation, and power was always so plentiful that a large aluminum-smelting industry emerged half a century ago to ...

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Quebec LNG backers seeking EU boost to revive rejected project

  Bloomberg Promoters of a stalled project to build a C$9 billion ($7.2 billion) terminal to export liquefied natural gas from Quebec in Canada are seeking to revive the plan by garnering support from Europe, which is scrambling to find alternatives to Russian supplies. GNL Quebec Inc’s Energie Saguenay project was rejected by both the federal and provincial authorities recently ...

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Russia’s invasion supercharges push to make new green fuel

Bloomberg Europe’s push to wean itself off Russian natural gas is sparking billions of dollars in new commitments toward building a market for low-carbon hydrogen. A nearly 450% jump in European gas prices the past year made the green fuel of the future cost-competitive about a decade ahead of schedule, according to BloombergNEF. Now, investment funds are joining governments and ...

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UK’s Johnson is having his Churchill moment

Reflected glory is often the best way to come by extra kudos. And so Boris Johnson has been basking in Volodymyr Zelenskiy’s praise for his firm stand against Russia’s invasion of Ukraine. The prime minister has now doubled down on his support. As well he might. The war has saved Johnson’s leadership from a sense of downward drift. The question ...

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Walmart truckers earn like bankers

Walmart said it will pay its entry-level truckers $95,000 to $110,000 a year, which is 26% higher than what it previously paid and approximately even with what a junior banker on Wall Street might make even with their advanced degrees from an Ivy League institution. This is sure to upset junior bankers, who are probably putting in a lot more ...

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For its Africa influence, the US should go green

  Focused on war in Europe, the administration of President Joe Biden has paid comparatively little attention to the US’s relations with Africa. Yet deeper US engagement with the planet’s most youthful and fastest-growing continent is essential to global stability. Biden can both meet Africa’s needs and advance US security interests by focusing on the biggest threat to Africa’s future: ...

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Industrial anxiety shifts from supply to demand

  Industrial demand is still robust, but many more yellow lights are flashing for investors than there were even just a few weeks ago. The first-quarter earnings season unofficially kicks off next week with industrial distributor Fastenal Co, whose results can often be a harbinger when its manufacturing customers report later this month. Last we heard from Fastenal, the company ...

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