May, 2022

• 28 May

  Seamless Middle East 2022 opens on May 31

  

    Abu Dhabi / WAM The Conference and Exhibition on Digital Economy Technologies (Seamless Middle East 2022) will be held in Dubai from May 31 to June 1 at the World Trade Centre. The event, held under the patronage of His Highness Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, is jointly ...

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• 28 May

  ADIBF hosts meeting of Arab book fair directors

    Abu Dhabi / WAM The 31st Abu Dhabi International Book Fair (ADIBF 2022) hosted the latest meeting of book fair directors from across the Arab world. The fair is organised by the Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi). The meeting aimed to cover issues regarding ...

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• 28 May

  Deals worth AED25mn signed at GPP 2022

    ABU DHABI / WAM With deals worth over AED25 million signed during the event, Gulf Print and Pack (GPP) 2022 concluded on a high note at the Dubai World Trade Centre this week. GPP organisers said the decision to move from a four-day show in past editions to a three-day event in 2022 was vindicated with daily attendance increasing ...

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• 28 May

  Dubai boosts its status as preferred hub for global tech firms

  

    Dubai / WAM More than 20 years since its establishment in 2000, Dubai Internet City (DIC) continues to be among the world’s preferred hubs for new economy companies, with several high-growth, high value-added, technology-enabled global firms recently choosing DIC to establish their regional operations. The latest to join the ever-growing ranks of new economy companies making DIC their home ...

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• 28 May

  Duke Energy wants to quit coal, but regulators say ‘no’

  

    Bloomberg Duke Energy Corp planned to close its last six coal power plants in the Carolinas by 2030 to accelerate the company’s carbon-cutting goals. South Carolina regulators said no—ordering the US utility to keep the plants open longer. The decision sets up a showdown as Duke Energy appeals a regulatory response that threatens the company’s preferred plan to speed ...

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• 28 May

  Top LNG importer says ‘future lies in hydrogen’

  

    Bloomberg Korea Gas Corp, one of the world’s biggest liquefied natural gas importers, expects to win benefits from its current business as it shifts to a future focused on hydrogen. “We’ll completely transform our LNG-driven operations into hydrogen by 2050 in line with South Korea’s carbon neutrality target,” Lee Jae Hoon, a general manager of the company’s hydrogen business ...

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• 28 May

  South Africa registers two solar projects to cut red tape

  

    Bloomberg South Africa registered two solar projects as part of a process designed to cut red tape and help increase the pace of private generation in a nation that’s headed for a record year of power cuts. The National Energy Regulator of South Africa approved the projects, the biggest since President Cyril Ramaphosa removed the need for seeking licenses ...

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• 28 May

  Total to buy stake in Clearway Energy

  

    Bloomberg TotalEnergies SE said it will acquire a stake in a large US renewables developer, another move by the European energy giant to expand its footprint in the American power sector. The French firm agreed to buy a 50% stake in Clearway Energy Group from Global Infrastructure Partners for $1.6 billion in cash, it said in a statement. GIP ...

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• 28 May

  Gas heads for weekly loss in Europe as Russia supply fears wane

  

    Bloomberg European natural gas prices headed for a third straight weekly decline as fears over further disruptions to Russian supplies waned. Benchmark futures fell as much as 4.3%, hitting the lowest level since the start of the war in Ukraine. Russian shipments are expected to remain stable, even as flows through one cross-border point in Ukraine remain cut off ...

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• 28 May

  Tourists and the Japanese art of pandemic envy

  

  The first tourists have begun to trickle back into Japan, with a few guided tour groups arriving in a small experiment designed to get locals used to the idea of foreign visitors. Prime Minister Fumio Kishida is promising to let in more package tours starting next month as the country starts to reopen. Foreigners have actually been visible for several ...

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