May, 2022

• 26 May

  UAE begins waste-to-energy and climate neutrality era

  

    Abu Dhabi / WAM The UAE began a new era of clean energy production and climate neutrality by producing the first kilowatt (KW) of energy from waste, through the inauguration of the Sharjah Waste-to-Energy Plant. The plant, the first of its kind in the region, will help turn nearly 300,000 tonnes of waste into energy annually, producing 30 megawatts ...

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• 26 May

  Foundation stone laid for ‘Sheikha Fatima Hospital’ in Dakar

  

    Dakar / WAM The Zayed Charitable and Humanitarian Foundation (Zayed CHF) laid the foundation stone of the Sheikha Fatima Motherhood and Childhood Hospital in Dakar. The ceremony took place during the visit of Hamad Salem bin Kardous Al Ameri, Director-General of Zayed CHF, to Senegal to lay the hospital’s foundation stone, in the presence of Madior Diouf, Minister of ...

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• 26 May

  Seha launches new mobile visa screening clinic service

  

    Abu Dhabi / WAM Abu Dhabi Health Services Company (Seha) has launched a new Mobile Visa Screening Clinic that can visit employees at workplaces across the UAE capital. The move aligns with the Abu Dhabi Health Services Company’s continuous efforts to expand and improve access to visa screening services for corporations. Commenting on the announcement, Dr. Omar Abdulrahman Al ...

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• 26 May

  MBZUAI, IBM join forces to advance AI research

    ABU DHABI / WAM Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) announced plans for a strategic collaboration with IBM, an American multinational technology corporation headquartered in New York. Senior leaders from both organisations signed a Memorandum of Understanding to advance fundamental AI research and accelerate the types of scientific breakthroughs that could unlock the potential of AI to ...

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• 26 May

  UAE Space Agency takes part in Global Aerospace Summit

  

    Abu Dhabi / WAM The UAE Space Agency is participating in the Global Aerospace Summit 2022, hosted by Mubadala Investment Company until May 27 at Emirates Palace Hotel, with the participation of leaders in the aviation, space, and defence sectors from around the world. The summit, held under the theme of “prosperity supported by digital technologies,” will outline the ...

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• 26 May

  UK faces new energy shock as bills may rise 42%

  

    Bloomberg British consumers will face another sharp jump in their power and gas bills just before winter, adding to surging costs of almost everything from food to petrol. The energy price cap is likely to soar to a record £2,800 ($3,499) in October, Ofgem CEO Jonathan Brearley told a panel of lawmakers. That will send about 12 million households ...

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• 26 May

  The US can’t beat China if it’s scared of trade

  

  President Joe Biden and his administration presumably hoped that the White House’s latest attempt to woo Asia, its Indo-Pacific Economic Framework for Prosperity, would be seen as a dramatic return for the United States to a region where allies have felt largely neglected since 2016. In this part of the world, however, the sprawling and unwieldy framework has been met ...

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• 26 May

  Is anyone actually making EVs?

  

  It’s about time investors were hit with the reality about electric vehicle startups. But what do tanking shares mean for the much-hyped, cheap capital-sucking EV makers that took the market by storm last year? Stocks of EV upstarts, from New York-listed, Chinese firms such as Nio Inc, Xpeng Inc and Li Auto Inc to their American peers Rivian Automotive Inc ...

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• 26 May

  HSBC, its discordant climate songbook

    If Stuart Kirk had been a nondescript hedge-fund manager when he gave a speech questioning the financial consequences of climate change, it wouldn’t have attracted half as much controversy. But Kirk’s job title was head of responsible investments at HSBC Holdings Plc’s asset-management unit. That changes everything. Kirk created a social-media storm last week after saying investors don’t need ...

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• 26 May

  Why so few big officials have fled Putin’s ship

    When someone like Boris Bondarev, a Russian counsellor to the United Nations in Geneva, slams the door on his employer, the Russian Foreign Ministry, and on his home country, it’s only natural to wonder if Vladimir Putin’s system is showing cracks three months into the dictator’s disgraceful Ukraine adventure. The answer, however, is “not really.” Despite the relative failure ...

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