Abu Dhabi / WAM The Abu Dhabi National Energy Company (Taqa) announced on Sunday that its subsidiary, Abu Dhabi Distribution Company (ADDC) awarded projects worth up to AED 900 million ($245.03 million) to expand the company’s recycled water distribution programme. “The two new projects will upon completion have a combined capacity to transmit approximately 85 million imperial gallons per day (MIGD) of ...

Abu Dhabi / WAM Khalifa Fund for Enterprise Development and Elite Agro, a leading UAE-based food and agricultural investment organisation, on Sunday announced the signing of a two-year Memorandum of Understanding (MoU). The MoU between the two respective parties has been developed to manage and operate a number of protected farms that fall under the umbrella of Khalifa Fund, with ...

ABU DHABI / WAM The Environment Agency – Abu Dhabi (EAD) has begun a project to rehabilitate mountainous natural habitats in the Jebel Hafit National Park by propagating threatened local plant species like Dwarf Palms, Caralluma and Arabian Moringa in its native plant nursery. Within a valley in the Jebel Hafit National Park, 55 Dwarf Palms, 30 Carulluma and 30 ...

Dubai / WAM Dubai has launched a compliance programme to certify and recognise hotels and retail establishments, F&B outlets and attractions that have implemented all public health protocols for the prevention and management of Covid-19. The initiative is part of efforts to showcase Dubai as one of the world’s safest destinations as it continues to receive tourists following the city’s ...

Dubai / WAM Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, continued to drive the future of finance during the first half of 2020. The centre made progress on its 2024 strategic priorities and achieved a record number of registrations in the first six months of 2020. These ...

Bloomberg Eskom Holdings SOC Ltd’s own mishandling of a repair contract led to the closure of its Camden power plant, a move that worsened power cuts by South Africa’s near-monopoly electricity provider, the company said. In its first detailed explanation of the shutdown, Eskom said the initial 635 million rand ($38 million) contract expired in 2018 amid questions about conflicts ...

Bloomberg Sunrun Inc, America’s largest residential-solar company, is about to become even bigger by acquiring one of its top rivals. The deal will also help redefine it as more than just an installer of rooftop panels and batteries. For Sunrun, buying Vivint Solar Inc is a way to accelerate a key objective: clustering thousands of batteries in dense areas that ...

Bloomberg Less than a month after emerging from bankruptcy triggered by a string of devastating wildfires in 2017 and 2018, PG&E Corp has now been found responsible for California’s biggest blaze of 2019. The California energy giant’s power lines sparked the Kincade fire which burned 77,758 acres and destroyed 374 structures in Sonoma County wine country, the California Department of ...

Tyrants can be especially ominous when they are ludicrous. In 2011, Vladimir Putin, scuba diving in the Black Sea, emerged clutching two 6th-century Greek urns — remarkably without a trace of moss — which had lain undiscovered in six feet of water, even though Russian archaeologists had scoured the seabed while studying an ancient Greek city. Putin’s flaunted contempt for ...

The bad news is that people still have very little interest in flying in the middle of a pandemic. But the silver lining — for investors at least — is that at least some airlines are accepting and adapting to that reality. Delta Air Lines Inc said it would add back only about 500 flights in August, down from an ...