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Moro Hub, Huawei to build solar-powered data centre

Dubai / WAM Moro Hub (Data Hub Integrated Solutions LLC), a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (Dewa), has signed an agreement with Huawei to build the largest solar-powered Uptime TIER III-Certified Data Centre in the Middle East and Africa at the Mohammed bin Rashid Al Maktoum Solar Park. The new sustainable, carbon-neutral ...

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Etihad Rail – built locally with global standards

Abu Dhabi / Emirates Business Since its inception, Etihad Rail has ensured building the UAE’s national rail network with world-class standards, to contribute to supporting the growth of the nation’s industrial sector and advancing the country’s wider economic growth. The company referred to local sources to provide many of the main components required for building the network, in line with ...

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UAE reports 1,701 new recoveries from Covid-19

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 200,648 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, 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 necessary treatment. As ...

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Dubai’s tourism proposition, initiatives to be showcased

Dubai / WAM The 2021 edition of the Arabian Travel Market will see Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) pull out all stops to ensure that the destination remains in the global spotlight with unique events, projects and initiatives designed to further accelerate tourism momentum in this landmark year for Dubai. Over 70 representatives from government bodies, ...

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UAE sends aid plane to Sierra Leone

Abu Dhabi / WAM The UAE sent a plane carrying 50 metric tons of food supplies to the Republic of Sierra Leone as part of its initiatives during the holy month of Ramadan. Sultan Ali Al Harbi, UAE Ambassador to Senegal and Non-Resident Ambassador to Sierra Leone, said: “The UAE is committed to helping brotherly and friendly countries in all ...

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At last, Europe starts to feel Covid vaccine effect

The European Union’s Covid-19 vaccination rollout had looked like a cross between a bad joke and a bad dream. Almost everything that could go wrong did: Logistical failures, supply delays, the odd diplomatic incident and an ugly bust-up with AstraZeneca Plc. The euro-area economy, battered by successive virus waves, fell into a double-dip recession earlier this year. Yet the bloc ...

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Uber, Lyft’s drivers can call the shots

Gig economy workers are in the driver’s seat. With ride-hailing demand outstripping labor supply, a strengthening economy may accomplish what activists have failed to achieve: better pay and benefits. Uber Technologies Inc and Lyft Inc reported earnings that exceeded expectations, citing a rapidly improving market for ride-hailing. Not everything was perfect. While enthusiastic about demand trends, the two companies admitted ...

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Is the best job in finance all about the bonus?

Norway’s sovereign wealth fund, the world’s biggest, is hamstrung in competing for talent with the rest of the investment industry. As a public institution, it faces what it calls “barriers to remuneration.” In other words, it can’t pay its stars what they would earn working at a hedge fund. But a study just published celebrating 20 years of active management ...

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