July, 2022

• 8 July

  Abu Dhabi Islamic Bank publishes its first ESG report

    Abu Dhabi / WAM Abu Dhabi Islamic Bank, a leading Islamic financial institution, released its first Environmental, Social, and Governance (ESG) report, highlighting progress made on bank’s ESG goals and commitments for 2021. The report builds on Adib’s sustainability Report, which Adib had been publishing since 2016, according to a statement. This report details Adib’s ongoing efforts to address ...

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• 8 July

  UAE cabinet approves paid leave for citizens to start a business

  

  Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired the UAE cabinet meeting, which was held at Qasr Al Watan, Abu Dhabi on Thursday. The meeting was attended by HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime ...

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• 8 July

  Etihad launches loyalty points transfer program with Mashreq

  

    Abu Dhabi / Gulf Time Etihad Guest, the award-winning loyalty programme of Etihad Airways in partnership with Mashreq, a leading global financial institution, has launched a points transfer programme for members to benefit from. Members can now convert Mashreq Salaam Points into Etihad Guest Miles with a conversion ratio of 22 Salaam Points for every 1 Etihad Guest Mile. ...

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• 8 July

  Zayed University, HFDAP to enhance academic innovation

  

  Abu Dhabi / WAM Zayed University (ZU) signed a memorandum of understanding (MoU) with the Hamdan bin Rashid Al Maktoum Foundation for Distinguished Academic Performance (HFDAP) to support innovative thinking skills and creativity within academic institutions. The initiative aims to enhance academic excellence and provide ZU students with the skills and knowledge, to better achieve their future aspirations and contribute ...

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• 8 July

  UAE announces 1,667 new recoveries from Covid-19

  

    ABU DHABI / WAM The Ministry of Health and Prevention, MoHAP, announced that it conducted 271,133 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. ...

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• 8 July

  Seha announces Eid Al Adha holiday working hours

    Abu Dhabi / WAM Abu Dhabi Health Services Company (Seha) announced on Thursday the operating hours of its facilities during the Eid Al Adha holiday from July 8-11. In the Al Dhafra region, all emergency and urgent care units will operate 24 hours a day. Al Ain and Tawam Hospital’s emergency departments will also operate 24 hours a day. ...

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• 8 July

  Adma rolls out region’s first integrated maritime logistics certificate

  

    Dubai / WAM Abu Dhabi Maritime Academy (Adma), the maritime education and training arm of AD Ports group, announced on Thursday that it has rolled out a Maritime Logistics Certificate, the region’s first integrated certificate allowing trainees to work on a broad spectrum of maritime economics and shipping industry modules. This certificate comprises four core/mandatory units, including the introduction ...

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• 8 July

  World needs to spend $110bn a year to curb methane releases

  

  Bloomberg The world needs to dramatically ramp up spending tenfold to $110 billion a year to curb methane releases and avoid the worst of climate change, a new study has found. The potent greenhouse gas is responsible for nearly half of net global warming to date, yet just 2% of global climate finance is directed towards curbing releases of the ...

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• 8 July

  Gas price surge may slash UK’s cost to hit net-zero emissions

  

    Bloomberg Britain’s path towards zeroing out its greenhouse gas pollution may cost a third less than expected if natural gas prices remain elevated, analysis by government’s fiscal watchdog showed. The Office For Budget Responsibility examined how high fossil-fuel prices would impact the whole-economy cost of the UK reaching its target for net zero emissions by 2050. In 2019, the ...

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• 8 July

  VW breaks ground on $20bn battery unit’s first cell plant

  

    Bloomberg Volkswagen AG broke ground on a new battery plant in Germany on Thursday, saying the factory marks the first step in an effort that will generate more than 20 billion euros ($20.4 billion) in revenue annually by the end of the decade. The Salzgitter venture is one of six battery plants VW has planned for Europe. PowerCo, the ...

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