Dubai / WAM Dubai developer Nakheel is expanding its retail portfolio with Nad Al Sheba Pavilion, a new shopping and leisure destination at the Nad Al Sheba Villas community, Dubai. Spanning more than 36,426 square feet, the pavilion features key retailers and a beauty salon, all of which have opened on July 15. The development will also include facilities such ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, called upon the graduates of the One Million Arab Coders initiative to compete in the initiatives challenge and develop projects and solutions using the skills they acquired during their participation in the programme. The grand prize for ...

Mohammed Jalal Al Rayssi Director-General of WAM ABU DHABI / WAM With a long-term forward-looking vision, the UAE continues its efforts to combat the spread of the Covid-19 variant, with the Ministry of Health and Prevention announcing the adoption of one of the most important modern pharmaceutical drugs that have proven its efficacy in treating the virus so that the ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 265,482 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, MoHAP announced 1,529 new coronavirus cases, bringing the total number of recorded cases in the UAE to 660,978. The ministry also noted that an ...

Abu Dhabi / WAM Etihad Airways, the UAE national airline, on Sunday launched its inaugural flight to Vienna, the first of a new twice-weekly service between Abu Dhabi and the Austrian capital. Flight EY147 departed Abu Dhabi International Airport at 7.30 am on Sunday. The new service will be operated on Thursdays and Sundays using Boeing 787-9 Dreamliner aircraft, offering ...

Bloomberg The European Union’s climate plan might be the most ambitious attempt yet to force a major economy to abandon fossil fuels, and by some measures it still won’t be enough to keep global temperatures from rising. But that’s no reason to despair. The Fit for 55 package — named for its goal of cutting emissions at least 55% from ...

Bloomberg Global Power Synergy Pcl, the listed power unit of Thailand’s state-owned PTT Group, has acquired a stake in Indian renewable energy provider Avaada Energy Pvt for about $453 million. Global Power completed the purchase of about 41.6% stake in Avaada through subscription of new shares, the company said in a statement, confirming an earlier Bloomberg News report. The transaction ...

Bloomberg At a time when funding for fossil fuel projects is drying up, Botswana is racing to develop six new coal mines and a rail link for exports, with the government prepared to put its own money into the projects. The southern African nation, the world’s second-biggest diamond producer, has more than 200 billion tons of untapped coal reserves. To ...

Bloomberg A consortium that includes CNIC Corp and GIC Pte are nearing a deal with China Three Gorges Corp for a 25% stake in its overseas asset portfolio that could be valued at as much as $2 billion, according to people familiar with the matter. The group could reach a deal to buy the stake in China Three Gorges’ international ...

One of the most celebrated passages in the Bible occurs in St Matthew’s gospel. A rich young man asked Jesus, “What good thing shall I do, that I may have eternal life?” Jesus responds, “If thou wilt be perfect, go and sell that thou hast, and give to the poor.” Alas, charity has always been easier said than done. “But ...