ABU DHABI / WAM Building on the success of the Atmah project, the region’s first Social Impact Bonds, the Authority of Social Contribution (Ma’an) announced an AED4 million investment by Aldar to be allocated to two Social Contracting projects. The new social investment contributions include AED2.7 million for family counselling services project by the Abu Dhabi Early Childhood Authority; ...

MOSCOW / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met on Thursday with Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation, in Moscow. They discussed cooperation between the two countries and ways to enhance the bilateral strategic partnership in various fields. They exchanged views on key developments and challenges ...

  Abu Dhabi / WAM Emirates Steel has recorded a nearly 50 percent increase over the past two years in the number of its export markets in Europe, America, Asia, and the Middle East and North Africa. The expansion of Emirates Steel’s export footprint to 56 countries in 2021 compared to 38 in 2019 is part of the company’s strategy ...

  Abu Dhabi / WAM Environment Agency – Abu Dhabi (EAD) will host the 12th World Environment Education Congress (WEEC) in Abu Dhabi in 2024, it was officially announced at the end of congress’ 11th edition held in Prague, Czech Republic. The congress themed ‘Connecting People, Creating Tomorrow’ will take place from January 29 to February 2, under the patronage ...

  Dubai / WAM The Philippines Pavilion “Bangkóta” at Expo 2020 Dubai recorded over one million visitors as of mid-March, driving its unique key message of “cultural sustainability” to Expo’s global audiences. Kathelyn Nida Mendres and her family stepped within the grounds of the Bangkóta to a pleasant surprise when they learned that they were the one-millionth visitor marking a ...

  Abu Dhabi / WAM Beacon Red, part of the Electronic Warfare & Intelligence cluster of Edge, on Thursday announced their participation in the Gulf Information Security Expo & Conference (Gisec), where they will feature an interactive engagement booth and highlight their cyber security advisory services. Eric Eifert, Executive Director for Cyber Advisory Services, will present crowdsource vulnerability disclosure and ...

Bloomberg European natural gas prices rose as the market continues to weigh the risk of potential supply disruptions and further sanctions against Russia. The EU has so far been reluctant to ban energy flows from its top gas supplier Russia. Yet, European Commission President Ursula von der Leyen said on Twitter that the bloc and its partners “will keep up ...

  Bloomberg Saudi Arabia will start construction of a green hydrogen plant as soon as this month as it pushes ahead with plans to export the fuel in about four years. The kingdom is on track sell carbon-free hydrogen from a $5 billion project in Neom by 2026, according to Peter Terium, the head of energy and water for the ...

Billions of people around the world are watching helplessly as Russia’s invasion of Ukraine accelerates into its third week, continuing to kill more innocent people every day, while destroying infrastructure throughout the country and forcing millions of refugees into neighboring European countries. There is one positive step that the US and like-minded countries should begin developing immediately to ensure that ...

Howard Schultz is the Tom Brady of the consumer world. Starbucks said that Chief Executive Officer Kevin Johnson would retire and that Schultz, who stepped down as CEO for a second time in 2017 and left the company a year later, would return as interim CEO early next month. The company’s shares rose as much as 8% as investors welcomed ...