August, 2022

• 22 August

  RTA cuts energy use in all operations by 18%

  

  Dubai / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), announced that RTA had achieved the targeted energy efficiency performance indicators 2021 and reduced total energy consumption in all operations and projects by 18%, when compared with average consumption from 2016 to 2019. It also managed to reduce ...

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• 22 August

  ADX tops Arab region in market value increase

    Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX) was the leading Arab financial market in terms of performance last week, as its index surged by 3.6%, and its market value by 3.03%, according to the Arab Monetary Fund (AMF). In its weekly bulletin on Arab capital markets’ performance, the AMF noted that the market value of Arab ...

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• 22 August

  Sheikh Mohamed and Egyptian President discuss fraternal ties

  

  AL ALAMEIN, Egypt / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has arrived in Al Alamein City on a fraternal visit to the Arab Republic of Egypt. Upon his arrival at Al Alamein International Airport, President His Highness Sheikh Mohamed bin Zayed was received by President of Egypt, Abdel Fattah el-Sisi. While welcoming President HH Sheikh Mohamed ...

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• 22 August

  WGES to encourage investment partnerships in green projects

  

    Dubai / WAM The 8th World Green Economy Summit (WGES), to be held in Dubai, will focus on developing investment partnerships in green projects and financing. It will promote investment and employment opportunities provided by the green economy. During the summit, several local and global high-profile participants, including heads of states and governments, as well as prominent global speakers, ...

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• 22 August

  Sheikh Mohammed issues law affiliating Dubai Media Inc to Dubai Media Council

  

    Dubai / WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has issued Law No. (6) of 2022 affiliating Dubai Media Incorporated (DMI) to Dubai Media Council and endorsing its objectives, tasks, and organisational structure. DMI was established pursuant to Law No. (8) ...

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• 22 August

  Souq Al Jubail Dates Festival registers sales of 38 tonnes

  

    SHARJAH / WAM In its seventh edition since it opened last month, the Dates Festival in the emirate of Sharjah has, until mid-August 2022, recorded sales volumes of more than 38,250 kilogrammes, or 38 tonnes. The festival has witnessed a great turnout from UAE citizens, residents, and visitors, who have come for the different types of dates available. It ...

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• 22 August

  UAE ambassador to Iran to resume duties

    Abu Dhabi / WAM In line with UAE efforts to strengthen relations with the Islamic Republic of Iran, and as part of a previous decision to increase diplomatic representation to the rank of ambassador, and the recent phone call in this regard, held in July 26, between HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and ...

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• 22 August

  ZHO, FCA sign deal to offer integrated social services

  

    Abu Dhabi / WAM The Zayed Higher Organisation for People of Determination (ZHO) and the Family Care Authority (FCA) in Abu Dhabi have signed a memorandum of understanding (MoU) to enhance their mutual cooperation in delivery of integrated social services for people of determination and their families. Covering various forms of social case management services, prevention, treatment, rehabilitation, training, ...

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• 22 August

  Elon Musk can make an even smarter bid now

  

  Indonesia wants Tesla Inc. to make cars — and batteries — locally. That might be the smartest bet Elon Musk can make, and it won’t be so hard. “What we want is the electric car, not the battery. For Tesla, we want them to build electric cars in Indonesia,” President Joko Widodo said in an interview with Bloomberg News’ Editor-in-Chief ...

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• 22 August

  Robots are key to winning productivity war

  

  For those who believe that the surge of interest in warehouse automation and robotics was just a pandemic fling that will fade as the labor market loosens, meet Malcolm Wilson. He’s the chief executive officer of GXO Logistics Inc., which operates about 900 warehouses, mostly in the US and Europe for customers including Nike Inc. and Nestle SA. The Greenwich, ...

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