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UAE targets 40% efficiency in energy consuming sectors

Abu Dhabi / WAM The UAE is to increase the efficiency of the three most energy-consuming sectors (transport, industry and construction) by 40 per cent, Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure has said. In a statement he made on Monday following the launch of the national water and energy demand management programme by the cabinet, Al ...

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ERC signs deal with Yahsat

Abu Dhabi / WAM The Emirates Red Crescent (ERC) signed a Memorandum of Understanding (MoU) with Al Yah Satellite Communications Company (Yahsat) related to providing advanced technological solutions, promoting remote learning and supporting the digital school initiatives of many countries affected by disasters and crises, as part of the ERC’s initiatives for the “50th Year.” The MoU aims to support ...

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VP launches ‘Operation 300bn’ to advance industrial sector

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, launched the Industrial Strategy “Operation 300bn”. The 10-year comprehensive strategy aims to empower and expand the industrial sector to become the driving force of a sustainable national economy, increasing its contribution to the GDP from the current ...

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Governments must enhance their readiness for future challenges

Dubai / WAM Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the World Government Summit has launched an exceptional edition of the Best Minister Award in the world, to honour leading figures who have made distinguished achievements serving humanity in facing the difficult global ...

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Covid-19: UAE reports 2,144 new recoveries

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 185,531 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 necessary ...

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DIFC joins World Alliance of International Financial Centers

Dubai / WAM Dubai International Financial Centre (DIFC) has announced that its membership of the World Alliance of International Financial Centres (WAIFC) has been unanimously approved by its Board. DIFC will use its membership to collaborate with members who represent other leading global financial centres including London, Frankfurt, Paris, Tokyo and Toronto. As the highest ranked global financial centre in ...

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How Amazon is fighting to beat India’s Ambani

If it wasn’t for last year’s extraordinary events, there would be nothing even remotely remarkable about Jayshri Hodkar’s struggle to survive as a single mother of two on the earnings of her tailoring shop, a single machine in one room of a rented house. It’s one of those tens of millions of tiny businesses you see everywhere in India. Most ...

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Senegal’s democracy is in peril

Senegal’s President Macky Sall seems finally to have quelled the violence that marked two weeks of opposition protests and government crackdowns and left at least eight dead. But repairing the reputational damage to one of Africa’s most peaceful and stable countries will require statesmanship of a higher order than Sall has so far shown. The question now is whether the ...

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The carmakers need to tell you about their EV plans

How is it that auto companies spend so much money and there is such vague disclosure on where it’s going? Or how their ambitious projects are progressing? Investors should be pushing accounting standards boards and companies to give them more. With the onset of electric cars and autonomous vehicles, companies are increasing their focus on technology and technical know-how over ...

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