February, 2022

• 24 February

  Ministerial Development Council discusses govt initiatives, projects

  

    Dubai / WAM The Ministerial Development Council, chaired by HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, held its meeting at Expo 2020 Dubai and discussed several key initiatives and projects aiming to further develop government work ecosystem. The council discussed a number of legislations including the organisation of family business, the ...

  Read More »
• 24 February

  UAE sends 47 tonnes of urgent aid to Mozambique

  

    ABU DHABI / WAM The United Arab Emirates has sent a plane carrying 47 tonnes of emergency relief supplies to Mozambique, to address the humanitarian situation of hurricanes, drought and terrorist attacks faced by some countries of the African continent. The assistance is part of provisions to support casualties and the displacement of many residents, which has left families, ...

  Read More »
• 24 February

  Sustainable City wins 4 gold awards for its projects

    Dubai / WAM The Sustainable City, the Middle East’s first fully-operational sustainable community, and its sister development Sharjah Sustainable City, have won four gold awards at the Gulf Real Estate Awards 2022. The Sustainable City, operating in Dubai since 2016, placed first in both the ‘Customer Happiness’ and ‘Customer Experience Initiative’ categories. The win comes as recognition for the ...

  Read More »
• 24 February

  Tawazun, Khalifa varsity launch unmanned systems competition

  

    ABU DHABI / WAM Tawazun Industrial Park (TIP), a subsidiary of Tawazun Economic Council (Tawazun), has announced the launch of a competition for unmanned systems, in collaboration with Khalifa University of Science and Technology. The announcement came on the sidelines of the UMEX Unmanned Systems Exhibition 2022 and the collaboration aims to attract young national talent and hobbyists to ...

  Read More »
• 24 February

  Sheikh Abdullah, Russian counterpart discuss strategic ties

  

    Abu Dhabi / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has discussed with Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation, the friendship relations and strategic partnership between the two countries. In a phone call, the two sides also reviewed a number of regional and international developments and issues ...

  Read More »
• 24 February

  Wind power is back in Europe as storms spur record output

  

  Bloomberg Wind power is making a comeback in Europe as three named stormed battered the region in recently, helping ease reliance on fossil fuels just as tensions over Ukraine are running high. Turbines in the European Union generated a record 14.9 terawatt-hours of electricity last week, with Germany producing the most wind power ever, according to data from research institute ...

  Read More »
• 23 February

  US is learning to win war of information against Putin

  

  Intelligence work happens in the shadows, but the Ukraine crisis is dragging it into the sunlight. One of the most remarkable aspects of this showdown has been President Joe Biden’s willingness to publicly release sensitive information on Russia’s plans before they can be put into action. These disclosures are part of a strategy to stay a step ahead of Russian ...

  Read More »
• 23 February

  Beware of ‘banking’ on WhatsApp

  

  Smart phones have made life so much more convenient for everyone — well, apart from compliance sheriffs and record keepers at global banks. HSBC Holdings Plc alerted investors that it was being investigated in the US for its bankers’ use of WhatsApp and other personal messaging services for business purposes. It put the news in a single line in its ...

  Read More »
• 23 February

  Offshore billionaires are risky for Swiss banks

    The reputation of Swiss banking has taken a battering for years and the hits keep coming. The latest slew of stories about Credit Suisse Group AG’s links with unsavory clients highlights again the very long tail on what the bank says are entirely historic issues. Cleaning up Swiss banks’ client base and the industry’s standing in the world is ...

  Read More »
• 23 February

  Energy will test unity of Europe on Ukraine

    Only a few days ago, European officials were feeling pretty good about their united position regarding Russia’s troops along the Ukraine border. But the quiet hope was that Moscow wouldn’t push them to the brink of actually having to deliver on their threat of sanctions. This week, as the dust settled on China’s Winter Olympics, Russia did exactly that, ...

  Read More »