Dubai / WAM The Dubai Electricity and Water Authority (Dewa), has signed a memorandum of understanding (MoU), with Whizkey Future labs, a start-up company, to develop innovative and futuristic solutions to disrupt the current electricity and water utility business models. This will be done using Fourth Industrial Revolution technologies such as Artificial Intelligence (AI), blockchain, robotics, and other technologies to improve performance, ...

Abu Dhabi / WAM Shamma bint Suhail Faris Al Mazrui, Minister of State for Youth Affairs, has said that the UAE supports the aspirations of Arab youth by launching initiatives and programmes that encourage their participation in creating a better future for themselves and their countries. In a statement to the Emirates News Agency (WAM), she said, “Believing in the ...

Sharjah / WAM Sharjah Airport has received the inaugural flight of Pegasus Airline, arriving from Sabiha Airport in Istanbul. Pegasus airline, the Turkish carrier, introduced its new daily service on Sharjah-Istanbul route in response to the increasing demand for travel to and from Sharjah due to the regional and global importance of Sharjah Airport as a passenger hub. The route ...

Dubai / WAM Dubai Customs has crowned its achievements in 2018 by winning the 2nd Organisation – Wide Innovation Award from the Global Organisational Excellence Congress, hosted by Abu Dhabi in December. Ahmed Abdul Salam Kazim, Director of Strategy and Corporate Excellence at Dubai Customs, Hussain Al Fardan, Dubai Customs’ Innovation Centre senior manager and the team received the grand ...

Abu Dhabi / WAM The Abu Dhabi General Services Company, Musanada, has affirmed that it remains fully committed to the installation of advanced safety sensing systems across buildings and housing projects constructed by the company in Abu Dhabi, Al Ain and Al Dhafrah, including the fire detection devices (gas, smoke, heat and flame detectors) equipped with state-of-the-art smart technologies. The ...

Bloomberg An Italian construction company just sold its lease to develop a wind farm in waters off the New Jersey coast for $215 million, about 21,000 percent more than it paid only three years ago. Toto Holding SpA’s US Wind unit, which paid about $1 million for the lease off Atlantic City in 2015, resold it to Electricite de France ...

Bloomberg Kenya needs about $85 million annually in the short term for green projects in agriculture, transport and manufacturing, and as much as $888 million annually during the follow- ing five to 10 years, according to a banking industry lobby. The financing is needed to counter the effects of rapid climate change that could erase about 2 percent of economic ...

Bloomberg Suncor Energy Inc is working with Alberta’s government to help mitigate the “unintended consequences” of mandated oil cuts, a policy company opposed from the start and now says is hitting it disproportionately hard. Suncor said its initial required output curtailment is higher than the 8.7 percent industrywide level, without giving specific amount. That makes it harder to maintain safe ...

Bloomberg Three of Europe’s largest power suppliers will need to draw up new strategies after the collapse of a deal to merge the retail units of SSE Plc and Innogy SE operating in the UK. Combining the two would have been an ambitious task. The outlook darkened with laws limiting the bills consumers pay for electricity and natural gas, leaving ...

Bloomberg BMW AG is facing a criminal probe in South Korea after investigators concluded the manufacturer concealed fire hazards and delayed recalls for a problem that has dented sales and its reputation in the Asian country. South Korea’s transport ministry plans to ask prosecutors to investigate the German carmaker, the ministry said in a statement on Monday. Korea also fined ...