Sharjah / Emirates Business As the UAE turns 50 this weekend, the Sharjah Investment and Development Authority (Shurooq) brings back its popular Classic Car Festival for a second edition, along with a fun-filled itinerary of National Day celebrations that citizens and residents will enjoy with their entire family at several Shurooq destinations in Sharjah. The second edition of the Classic ...

ABU DHABI / Emirates Business To commemorate the Year of the 50th National Day and to celebrate Emirati culture and our nation’s achievements, AD Ports Group is showcasing Arabian sailing boats at the Abu Dhabi Corniche in collaboration with the Cultural Programs and Heritage Festival Committee – Abu Dhabi. An exciting lineup of seven sailing boats representing UAE’s seven Emirates, ...

Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, and Hewlett Packard Enterprise (HPE) signed a Memorandum of Understanding (MoU) at Global Manufacturing and Industrialisation Summit (GMIS) to collaborate in a series of mutually beneficial programmes dedicated to nurturing tech start-ups. Founders will benefit from direct access to HPE’s experts, mentorship and opportunities to further develop technologies in collaboration ...

Abu Dhabi / WAM Abu Dhabi Convention and Exhibition Bureau (ADCEB), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), is set to fly the flag for the emirate’s MICE industry at IBTM World 2021 in Barcelona, Spain, which runs until December 2. The conference is expected to attract 15,000 professionals from more than 100 ...

Abu Dhabi / WAM Lt General Hamad Mohammed Thani Al Rumaithi, Chief of Staff of the UAE Armed Forces, stressed that Commemoration Day is meant to honour noble human principles, noting that the UAE’s martyrs sacrificed their lives for righteousness and helped needy people. In a statement to the “Nation Shield” magazine on Commemoration Day, he said, “The occasion is ...

Abu Dhabi / WAM The Abu Dhabi National Exhibition Centre (Adnec) will host the first edition of the ‘Auto Moto’ exhibition in October 2022, attracting major international companies specialising in manufacture of car and bicycle equipment. The event will also showcase the latest technologies in the sector. The hosting events comes as part of a strategic agreement between the event’s ...

Bloomberg Activist hedge fund Bluebell Capital Partners has asked Glencore Plc to separate its thermal coal business because it has become a barrier to investment. The hedge fund firm said that the commodities giant could realise more value for shareholders if it separates that business, simplifies its asset base, disposes of non-core asset Viterra, and tackles governance issues. Bluebell’s partners ...

Bloomberg Enel SpA plans to invest 170 billion euros ($191 billion) this decade to accelerate its shift to greener energy sources. The strategy indicates a 6% increase from the previous investment plan, documents published showed. It also brought forward its net zero commitment by 10 years, from 2050 to 2040. Enel is the latest energy company in Europe to reveal ...

Bloomberg South Africa’s Mineral Resources and Energy Minister Gwede Mantashe said Eskom Holdings SOC Ltd is delaying emergency power projects that would have started generating 1,996 megawatts of electricity by next August, City Press reported. The state-owned utility hasn’t approved 11 generation projects that are intended to provide power supplies when the national grid is vulnerable, the newspaper reported, citing ...

Supposedly, US President Joe Biden’s “Summit for Democracy” — which begins on December 9 — would show America was back as leader of the free world. Unfortunately, the Biden administration isn’t big on either thoughtfulness before the fact, or justification after. And in many parts of the world, including here in South Asia, the summit is likely to do more ...