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Shurooq to invest in Australia, US, GCC and Arab countries

  SHARJAH / WAM Marwan bin Jassim Al Sarkal, Executive Chairman of the Sharjah Investment and Development Authority (Shurooq), announced that it is currently considering investing in several Arab and Gulf Cooperation Council (GCC) countries, including Egypt, Saudi Arabia, Oman and Qatar. Shurooq has received a proposal to establish similar entities to Sharjah Sustainable City in Australia and the US, ...

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Dewa achieves short-term goals of AED7b smart grid strategy

  DUBAI / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), announced that Dewa had completed the short-term goals of its Smart Grid Strategy 2014-2035. Between 2015 and 2020, Dewa replaced all electricity and water metres with smart metres, deploying over two million smart metres. By automating metre readings, Dewa empowers its customers ...

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Etihad Water and Electricity installs 220,000 smart metres

  UMM AL QAIWAIN / WAM Etihad Water and Electricity has announced it has completed installing over 220,000 smart electricity metres and 240,000 smart water meters, accounting for 65 percent of its planned number. Mohammed Mohammed Saleh, Director-General of Etihad Water and Electricity, said the company aims to standardise the model of smart meter used in all its facilities and ...

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Silal, AeroFarms sign pact to improve sustainable agri practices

  ABU DHABI / WAM Silal, Abu Dhabi’s leading fresh produce and agri-tech company, and AeroFarms, a Certified B Corporation and leader in indoor vertical farming, have signed a Memorandum of Understanding (MoU) to forge a long-term research and development collaboration involving knowledge and technology transfer of advanced farming systems to local farmers. Under the MoU, both parties will assess ...

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World Defense Show: Edge to showcase region’s leading tech solutions

  ABU DHABI / WAM Edge Group, an advanced technology group established to develop agile, bold and disruptive solutions for defence and beyond, announced its participation in the inaugural World Defense Show, being held in Riyadh, the capital of the Kingdom of Saudi Arabia, from March 6-9. EDGE is the region’s leading advanced technology company for defence and beyond, and ...

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Expo 2020 witnesses 500,000 student visits

DUBAI / WAM School visit numbers to Expo 2020 Dubai — the world’s best classroom — have hit 500,000, as students from public and private schools across the UAE make the most of the myriad educational opportunities available across the site. As of February 25, 532,794 students had visited the site through the Expo School Programme. The Expo School Programme ...

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Ukraine reminds us of what we already knew

Russia’s invasion of Ukraine somehow managed to be shocking despite having been predicted, repeatedly, by President Joe Biden and members of his administration. Even the people making the predictions didn’t seem to believe them. Now that it’s happened and the implications are sinking in, the gap between the reality of the world and America’s perception of it looks vast. It’s ...

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Will Ralph Lauren take a trip to Paris?

Could the iconic Polo Bear be taking a trip to Paris? LVMH Moet Hennessy Louis Vuitton SE has held exploratory talks with Ralph Lauren Corp over the past two years, US news site Axios. Both companies declined to comment. But LVMH acquiring the US line has merits, even if dressing up Ralph Lauren’s preppy chic will be harder than polishing ...

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China can’t control its iron ore roller coaster

The nine most terrifying words in the English language, Ronald Reagan once joked, are “I’m from the government, and I’m here to help.” For anyone involved in commodity markets, there’s a still more alarming version: “I’m from the Chinese government, and I’m here to stabilise prices.” That’s reason to be highly skeptical that Beijing’s plans to rein in the wild ...

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The TikTok videos with hashtag #RussiaUkraine

  Russia’s war for Ukraine’s territory is being waged with tanks and artillery, but the battle for the world’s hearts and minds is being fought largely on social media — and there, at least, Vladimir Putin is losing. Cell phone videos of desperate Ukrainians huddled in subways have a power difficult to convey in words. Images captured by ordinary citizens ...

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