DUBAI / WAM In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to increase the share of renewable and clean energy in Dubai’s energy mix, HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, issued a decision ...

ABU DHABI / WAM On the occasion of Commemoration Day (Martyrs’ Day), President His Highness Sheikh Khalifa bin Zayed Al Nahyan, pledged to always remember with appreciation and gratitude “our children who sacrificed their lives in the fields of truth and duty, the fields of redemption; in defence of the nation, in preservation of its sovereignty, and in protection of ...

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has congratulated His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, ...

NIAMYEY / WAM Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, has participated in the 47th session of the Council of Foreign Ministers (CFM) of the Organisation of Islamic Cooperation, OIC, in the capital of the Republic of Niger, Niamey. Held under the theme “United against Terrorism for Peace and Development,” the two-day meeting was attended by ...

Bloomberg Repsol SA will reduce its dividend next year after outlining plans to wind down the search for oil and expand its renewable capacity fivefold during the next decade. The Spanish company, which was the first oil major to set a net-zero emissions target a year ago, will put its projects into “harvest mode” as it refocuses on higher-value oil ...

“I profoundly disagree” with the German defense minister, French President Emmanuel Macron said the other day, calling her view on transatlantic relations “a historical misinterpretation.” The German minister in question, Annegret Kramp-Karrenbauer, promptly upped the ante, labelling Macron’s contrasting vision “an illusion.” This unusual dialectic between a French president sometimes described as “Jupiterian” and a generally understated German cabinet member ...

The world is unequal enough and the Covid-19 pandemic threatens to make things more unequal still. Poorer countries have had to take on debt they will struggle to pay back. Their more fragile healthcare systems and crowded cities forced them into stricter and more economically harmful lockdowns, and poverty rates have risen dramatically. Now, they rightly fear a staggered recovery ...

Emerging from nearly a year of battling an economy dragged down by Covid-19 and a rickety financial system, Beijing is realising what the most important collateral damage has been: consumers. Without their wallets and balance sheets, China’s economic blueprint for the next five years won’t work. That explains why authorities have been talking up consumer protection, household leverage and the ...

In January, Joe Biden will take charge of an executive branch left in woeful disrepair. Practically every important federal institution has been scorched by four years of sustained assault by his predecessor — none more so than the State Department. President Donald Trump has damaged American diplomacy in word and deed. His secretaries of state, first Rex Tillerson and then ...

Bloomberg Black Friday — once the ultimate US shopping day — is being disrupted like so much else in these Covid-19 times, with consumers largely avoiding malls and instead flocking online. What that means for overall sales for the holiday season remains to be seen, but it’s becoming clearer that the pandemic has only accelerated the move away from big ...