Classic Layout

ADFD funds AED2 billion worth of educational projects in 15 nations

  Abu Dhabi / WAM During its pioneering 50-year journey, Abu Dhabi Fund for Development has worked to support international efforts aimed at achieving sustainable development in the education sector around the world. To date, it has funded 64 educational development projects that serves the educational sector, with a total of AED2 billion invested across 15 developing countries around the ...

Read More »

Sharjah Chamber, Syria to boost trade relations

  SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) received a Syrian delegation led by Kinan Zahreddine, Syrian Consul-General in Dubai, to discuss enhancing economic relations and increase trade exchange. The meeting also reviewed potential investment opportunities to support economic cooperation and enhance the partnership between businessmen. The delegation was received by Abdullah Sultan Al Owais, Chairman ...

Read More »

Luxembourg celebrates National Day at Expo 2020

  DUBAI / WAM The Grand Duchy of Luxembourg celebrated its Expo 2020 Dubai National Day with a commitment to international cooperation to address future challenges, alongside a varied cultural programme. There was a poetry recital of Luxembourg poem “It Draws Us Up” by Carla Lucarelli, in Arabic and English, at Al Wasl Plaza, followed by performances from saxophonist Olivier ...

Read More »

UAE sees 1,115 new recoveries from Covid-19

  Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 499,001 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Monday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the ...

Read More »

Emirates 2022 World Stamp Exhibition ends on a high note

  Dubai / WAM Emirates 2022 World Stamp Exhibition, the first international philatelic exhibition in the region, ended with great success, at the Dubai Exhibition Centre. Coinciding with Expo 2020 Dubai, the event featured more than 175 exhibits from 27 countries in the Middle East, Asia, Africa, Europe, America, and Oceania. The international event was a major step towards increasing ...

Read More »

EU explores options to get more gas from trading partners

  Bloomberg The European Union’s executive arm is testing the waters to see if its trading partners, including the United States, could boost natural gas supplies to the region amid limited shipments from Russia and rising geopolitical risks, according to the bloc’s energy chief. While the EU has a robust gas infrastructure and clear procedures in case of emergencies, it ...

Read More »

Shell sees $4.5b investment potential in France

  Bloomberg Shell Plc has identified 4 billion euros ($4.5 billion) of potential investments in France in a bid to support the country’s efforts to develop sustainable sources of energy, Le Figaro reported, citing an interview with Chief Executive Officer Ben van Beurden. Shell wants to invest in offshore wind farm projects, the creation of electric vehicle battery charging stations ...

Read More »

UK’s energy price cap rise to hit 22m homes

  Bloomberg An April increase to the government’s price cap on energy bills will affect more than 75% of British households, according to The Times. The number of households covered by the price limit has risen to 22 million from 15 million, the newspaper said, citing energy regulator Ofgem. Standard variable tariffs are capped at 1,277 pounds ($1,731) a year ...

Read More »

Central banks are facing a moment of truth on crypto

  The head of the Bank for International Settlements (BIS), Agustin Carstens, set out a dark vision for our financial future, quoting Goethe’s “Faust” and claiming that the “soul” of money was at stake. He warned that the proliferation of unregulated cryptocurrencies and the spread of Big Tech firms into payments risked damaging consumer trust and splitting the monetary system. ...

Read More »

Cyberwar on Ukraine may spread globally

In cyberwarfare, the toughest question to answer definitively is “Who did it?” It’s no surprise then that Microsoft Corp avoided the attribution on everyone else’s lips in its analysis of cyberattacks on Ukraine. That would be Russia. But several clues suggest they not only came from the Kremlin but will follow a pattern of spilling into other countries in Europe ...

Read More »
Send this to a friend