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DoE launches ‘Clean Energy on the Move’

ABU DHABI / WAM The Abu Dhabi Department of Energy (DoE), launched the ‘Clean Energy on the Move’ initiative, allocating a fleet of electric cars and eco-friendly bus to shuttle participants and the public between the venues of the Special Olympics World Games Abu Dhabi 2019, in Zayed Sports City, ZSC, and the Abu Dhabi National Exhibition Centre (Adnec), during the ...

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UBF meet explores UAE’s evolving banking sector

Dubai / WAM The CEOs Advisory Council of the UAE Banks Federation (UBF), held its first meeting of the year to discuss the changing dynamics of the UAE’s banking sector and explore ways to facilitate the industry’s rapid digital transformation. The meeting, chaired by AbdulAziz Al Ghurair, UBF Chairman, focused on a number of topics, including cyberattacks and how to ...

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MBRSC, Bahrain’s space science agency ink MoU

Dubai / WAM To enhance the cooperation strategy with different government organisations in the region, the Mohammed bin Rashid Space Centre (MBRSC), signed a cooperation, information and data-sharing agreement with Bahrain’s National Space Science Agency (NSSA), for the application of satellite images and space research sciences. The MoU was signed between Hamad Obaid AlMansoori, Chairman of MBRSC, and Kamal bin ...

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DP World renews concession contract with Constanta port

BUCHAREST / WAM DP World Constanta, a subsidiary of the Dubai-headquartered global trade enabler DP World, renewed its concession agreement allowing it to operate in the Romanian Black Sea port of Constanta for another 30 years, until 2049. DP World Group Chairman and CEO, Sultan Ahmed bin Sulayem signed the agreement with the Romanian Transport Minister Razvan Cuc in the ...

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Abdullah bin Salem opens ACRES 2019

Sharjah / WAM HH Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah, inaugurated the 6th edition of the Real Estate Investment Exhibition (ACRES 2019) on on Tuesday. The exhibition is organised by Sharjah Chamber of Commerce and Industry (SCCI), the Sharjah Real Estate Registration Department and the Real Estate Sector Business Group at Expo Centre Sharjah. After ...

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Dubai showcases host of attractions at ITB Berlin

Dubai / WAM Dubai’s Department of Tourism and Commerce Marketing, Dubai Tourism, reinforced its commitment to the German market during the 2019 edition of ITB Berlin, the world-renowned travel trade show. Bringing together Dubai’s network of industry stakeholders across the public and private sector, the international show provided a platform to share key market insights, further cementing the emirate’s relationships ...

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May set to seek long Brexit delay as speaker mars plan

Bloomberg Theresa May looked set to seek a long extension to the UK’s European Union membership after the House of Commons speaker torpedoed her plan to win Parliamentary approval for her deal to leave the bloc. Officials privately accused Speaker John Bercow of over-reaching his powers to help pro-EU politicians deliver a softer divorce and said another vote on May’s ...

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Ola raises $300mn to take on Uber

Bloomberg India’s Ola is raising $300 million from Hyundai Motor Group, giving the ride-hailing startup more capital to compete for drivers and customers against Uber Technologies just as the US rival prepares for an IPO. The deal values Ola at about $6 billion, said a person familiar with the matter, asking not to be named. The Bangalore-based company will continue ...

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