October, 2022

• 14 October

  New eLink station opens in Dubailand

    Dubai / WAM Enoc Link, an Enoc group innovative digital venture company, on Thursday launched its newest eLink station, located in Living Legends, a residential community in Dubailand. The new eLink station, located in the Andalusia Courtyard, will offer residents and visitors to the community and neighbouring areas easy access and convenient fuelling services from 7 am to 11 ...

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• 14 October

  Adnoc Drilling awarded $1b contract for two offshore rigs

  

    Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) announced on Thursday the award of a contract worth $980 million (AED3.6 billion) to Adnoc Drilling to hire two jack-up offshore rigs and associated manpower and equipment. The contract, awarded by Adnoc Offshore, will support the expansion of Adnoc’s production capacity as it responds to the growing global demand ...

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• 14 October

  Abu Dhabi’s Taqa commits to cut emissions 25% by 2030

  

  Abu Dhabi / WAM Abu Dhabi National Energy Company (Taqa) announced on Thursday a comprehensive 2030 environmental, social and governance (ESG) strategy. The ESG strategy includes the national low-carbon power and water champion’s interim greenhouse gas (GHG) emissions reduction goals and is a credible step towards achieving its net-zero ambitions by 2050. Under the strategy, Taqa has committed to a ...

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• 14 October

  Zayed University, Oracle to partner on education innovation

  

    Dubai / WAM Zayed University and Oracle on Thursday signed a memorandum of understanding (MoU) at Gitex Global 2022 to expand their partnership into innovative new technologies. This builds on Zayed University and Oracle’s existing 15-year partnership. As part of the new agreement, Oracle will support Zayed University on its digital transformation strategy in the areas of artificial intelligence, ...

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• 14 October

  ‘Enoc Link’ launches new eLink station in Dubailand

  

  Dubai / WAM Enoc Link, an Enoc group innovative digital venture company, on Thursday launched its newest eLink station, located in Living Legends, a residential community in Dubailand. The new eLink station, located in the Andalusia Courtyard, will offer residents and visitors to the community and neighbouring areas easy access and convenient fuelling services from 7 am to 11 pm ...

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• 13 October

  MoHAP combines all smart apps into one

    Dubai / WAM The Ministry of Health and Prevention (MoHAP) announced the launch of an updated version of its app, combining all other apps into a smart, simple, and user-friendly one. The brand-new app was unveiled on the sidelines of the ministry’s participation in Gitex Technology Week, which is taking place at the Dubai World Trade Centre running until ...

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• 13 October

  Europe’s right-wing is adopting the left’s look

  

    In the US, pundits are predicting that a wave of women voters outraged by the recent Supreme Court decision on abortion will help Democrats retain control of the Senate, and possibly even the House. They may be right. But a closer look at right-wing politics in Europe should give Democratic strategists pause. Across Europe and the UK, women and ...

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• 13 October

  Port union shouldn’t cling to past

  

    During the pandemic, shortages of workers plagued the logistics chain, except for one link. Trucking companies, railroads, warehouse operators— all struggled to find enough employees to keep goods moving. Maritime ports were the exception. Once workers join the International Longshore and Warehouse Union, they don’t easily walk away from the job. There was no Great Resignation or quiet quitting ...

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• 13 October

  Singapore home prices won’t defy gravity for long

    Housing markets are beginning to crack everywhere from the US and the UK to Australia and New Zealand. In China, the property industry is in a potentially deflationary crisis, while Hong Kong’s home prices are set to test a five-year low. In tiny Singapore, however, demand is defiant in the face of rising interest rates and a looming global ...

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• 13 October

  Credit Suisse isn’t Lehman moment you’re looking for

    Generals always fight the last war, they say, and it seems right now that lots of people are looking for the next Bear Stearns or Lehman Brothers. They’re only half right. The 2008 crisis that killed these investment banks started with subprime mortgages and complex credit products, but became an epic rolling disaster due to a rapid loss of ...

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