Bloomberg In March and April, as oil prices plunged to their lowest in a generation, Norwegian energy giant Equinor ASA was busy doing the opposite of what oil companies usually do: pumping as much crude as possible underground into giant caverns on the nation’s North Sea coast. Equinor also filled oil tankers with crude, turning them into floating storage facilities, ...

DUBAI / WAM The Dubai Electricity and Water Authority (Dewa) and Siemens have organised a technology talk titled “Scenario 2030” where both sides discussed innovations and technologies of the future in the energy sector. These included energy storage, artificial intelligence, smart grids, and energy efficiency among other topics. The meeting supports long-term strategic partnership between Dewa and Siemens for over ...

DUBAI / WAM Dubai Future Foundation (DFF) in collaboration with the Dubai Future Council for Transportation, launched a report spotlighting the future of the transportation sector. The report makes a business case for investing in autonomous driving, advanced transport infrastructure, and strengthening cargo delivery through leveraging cutting-edge technology and innovation. Furthermore, the report underscores the importance of enhancing the human ...

ABU DHABI / WAM Aldar Properties announced the opening of Soul Beach, a new leisure destination at the Mamsha Al Saadiyat community for UAE residents and international visitors alike. Overlooking the blue waters of the Arabian Gulf, Soul Beach will feature a 1km beach with pristinely manicured sands, a 400m swimming zone, 400 parasol-flanked sunbeds and a unique refreshment concept ...

Dubai / WAM A report issued by the Business Registration & Licensing sector of Dubai Economy highlighted the most popular areas across the city for setting up new business. As per the report, five areas account for 43.7 percent of the total new business licences issued during the first half of this year. Dubai Economy had issued 16,826 new business ...

Dubai / WAM Sharjah Charity International (SCI) distributed 9,200 meals to workers in July, of which 5,200 meals were distributed, as part of SCI’s many projects that it implements. Abdullah Sultan bin Khadim, Executive Director of SCI, highlighted that this project is one of the many humanitarian initiatives, in which SCI carries out its supporting role in the community by ...

Dubai / WAM Dubai Customs has completed 452,300 insurance refund requests with a value of AED3.2 billion in H1 2020, according to the latest statistics from the Refund and Maqasa Department at Dubai Customs. The smart Insurance Refund Portal helps clients submit their claims 24/7, which saves their time and reduces cost on them. Dubai Customs has gone far in ...

Dubai / WAM Major General Mohammed Ahmed Al Marri, Director-General of Dubai’s General Directorate of Residency and Foreigners Affairs (GDRFA) met with representatives of tourism companies in Dubai to discuss the mechanism for granting tourist visas as part of promoting and revitalising tourism in the post-Covid-19 phase. The meeting was also attended by Major General Obaid Muhair bin Suroor, Deputy ...

ISLAMABAD / WAM The UAE continues its firm commitment to international cooperation by providing essential health and humanitarian supplies to nations grappling with the impact of the coronavirus (Covid-19). The Pakistani-Emirati Military Hospital in the Pakistani city of Rawalpindi stands as a shining example of UAE’s humanitarian and developmental initiatives to combat pandemics and natural calamities. In the past few ...

Bloomberg Canada’s Natural Resources Minister Seamus O’Regan said he’s in talks with the US Secretary of Energy Dan Brouillette about finding a path to move ahead with oil pipeline projects, the Globe & Mail reported. “He’s somebody who’s been in the energy business and with the energy department for quite some time. He does have that understanding so we do ...