July, 2022

• 27 July

  ADFD celebrates milestones on its 51st anniversary

    Abu Dhabi / WAM The Abu Dhabi Fund for Development (ADFD) continues its pioneering mission since its establishment in 1971, achieving many milestones in various fields, as the total funds, investments and deposits of the fund reached AED185.2 billion by the end of June 2022. The strong positive impact achieved underscores the fast-paced growth of ADFD’s development & investment ...

  Read More »
• 27 July

  Adnec opens registration for 7th edition of ISNR Abu Dhabi

    ABU DHABI / WAM The Abu Dhabi National Exhibitions Company (Adnec) opened the online visitor registration to attend the seventh edition of the International Exhibition of National Security and Resilience (ISNR Abu Dhabi). The event, organised by Adnec in cooperation with the Ministry of Interior, will be held on October 10-12, at the Abu Dhabi National Exhibition Centre. The ...

  Read More »
• 27 July

  Dewa raises production capacity of energy, water

    Dubai / WAM Dubai Electricity and Water Authority (Dewa) provides electricity and water services to 3.514 million people living in Dubai according to the highest standards of reliability, availability, efficiency, and quality. This number is expected to reach 5.8 million by 2040. Dewa’s capacity has reached 14,117 megawatts (MW) of electricity and 490 million imperial gallons per day (MIGD) ...

  Read More »
• 27 July

  New fish market opened at Mina Zayed

    Abu Dhabi / WAM The Department of Municipalities and Transport (DMT) announced the opening of the new fish market in Abu Dhabi’s Mina Zayed district in collaboration with Modon Properties, the developer behind the project. The new market offers a shopping experience with the design incorporating themes associated with the legacy of Abu Dhabi’s fishing trade and preserves the ...

  Read More »
• 27 July

  Abu Dhabi increases pensions of Emiratis in public schools to 80%

  

    ABU DHABI / WAM Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and to ensure citizens’ well-being, Abu Dhabi Executive Council has approved a new decision to raise pensions of UAE nationals working in the emirate’s public schools to 80% of their total salary, contributing to better living standards and more financial stability for ...

  Read More »
• 27 July

  ECI inks deal to support Sharjah exporters, re-exporters

  

    Sharjah / WAM Etihad Credit Insurance (ECI), the UAE’s Federal export credit company, has partnered with the Hamriyah Free Zone Authority (HFZA) and the Sharjah Airport International Free Zone Authority (Saif Zone) to support Sharjah exporters and re-exporters to start and grow their international business and secure their receivables globally. The strategic initiative will boost the exports from Sharjah, ...

  Read More »
• 27 July

  Why the WHO wants all to wake up about monkeypox

  

  The World Health Organization (WHO) had a hard time deciding whether to label monkeypox a public health emergency of international concern (PHEIC) or not. That’s a rare designation, given to Covid-19 and a handful of other diseases such as swine flu in 2009, polio in 2014 and Ebola (twice). It carries binding legal commitments for member nations to act. A ...

  Read More »
• 27 July

  If only Musk ‘snapped’, not ‘tweeted’

  

  If Elon Musk does eventually take over Twitter Inc he will quickly discover the one feature he’s disparaged the most, bots, are the key to the platform’s ongoing growth. Musk may also be glad to see that its main rival in ephemeral social media, Snap Inc, doesn’t even have that same “problem.” Both companies reported earnings and similarly disappointed investors. ...

  Read More »
• 27 July

  Macron’s moonshot looks like a long shot!

    Satellite startup OneWeb Ltd’s past decade has resembled a space opera. Founded by a US entrepreneur and headquartered in London, it has partnered with Google and Elon Musk, supplied Arianespace, attracted investment from Hughes Network Systems and SoftBank Group Corp and fallen into bankruptcy. It was then rescued by the UK government and India’s Bharti Global. The next act ...

  Read More »
• 27 July

  Is Trump plotting to blow up constitution?

    The must-read reporting over the weekend was Jonathan Swan’s series at Axios exploring the efforts of former President Donald Trump’s supporters and other Trump-friendly Republicans to prepare to staff a potential Trump second term. During the presidential nomination competition in 2015-2016, Republican party actors generally opposed Trump, in part because they considered him a risky general election candidate and ...

  Read More »