February, 2022

• 3 February

  Mohamed reiterates UAE’s approach to consolidate values of coexistence

  

    ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Wednesday received members of the Higher Committee of Human Fraternity. During the meeting, held at the Sea Palace in Abu Dhabi, His Highness Sheikh Mohamed commended the committee’s efforts in promoting the ...

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• 3 February

  UAE and Spain have a shared desire to expand cooperation

  

    Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday met Pedro Sanchez, the Prime Minister of Spain, at Expo 2020 Dubai. The meeting was held in the presence of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime ...

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• 3 February

  Sheikh Zayed Mosque houses world’s largest hand-knotted carpet

  

    Abu Dhabi / WAM The Sheikh Zayed Grand Mosque’s main prayer hall housed the world’s largest carpet, a unique masterpiece with dazzling beauty and design. The carpet was hand-knotted by a group of the world’s most skilled artists and weavers. The wool and cotton carpet was hand-crafted by around 1,200 artisans. It is 5,400 square metres, with 40 knots ...

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• 3 February

  Expo 2020 Dubai to host Terry Fox Run

    DUBAI / WAM Expo 2020 Dubai will host Terry Fox Run on Saturday to mark World Cancer Day and bring expo’s Health and Wellness Week to a close. The charity family fun run is being held under the patronage of HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Dubai Airports, Chairman and ...

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• 3 February

  Dubai adds 1,343 new food establishments in 2021

  

    DUBAI / WAM The number of food establishments in Dubai has been increased by 50 percent during the past year. Dubai Municipality’s Food Safety Department has registered 1,343 new food establishments in 2021. As a result, the number of inspections also increased by 12 percent compared to 2020. The department has carried out 76,195 inspection visits to food establishments ...

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• 3 February

  UAE, Rwanda discuss ways to enhance ties

  

    Dubai / WAM Ohood bint Khalfan Al Roumi, Minister of State for Government Development and The Future, and Edouard Ngirente, Prime Minister of Rwanda, discussed enhancing the overall partnership between the UAE and Rwanda in areas of government modernisation. The meeting was attended by Paula Ingabire, Rwandan Minister of Information and Communications Technology and Innovation; Emmanuel Hategeka, Ambassador of ...

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• 3 February

  EU unveils controversial green label for gas, nuclear

  

    Bloomberg The European Union (EU) unveiled how it plans to label investments in some gas and nuclear projects as sustainable, a move that has divided member states as the energy transition collides with political reality. The European Commission on Wednesday announced technical amendments to its draft green-label criteria and proposed strengthening disclosure rules to ensure more transparency for investors. Yet ...

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• 3 February

  China cannot afford to decouple from the West

  

    Since former US President Donald Trump launched his trade war against China in 2018, Chinese leaders have gone from mocking the idea that the world’s two biggest economies might decouple, to worrying about losing access to American technology, capital and markets, to thinking that China might be better off disengaging from its main rival on its own terms. They ...

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• 3 February

  The coal industry is actually booming

  

  In late 2021, diplomats spent hours arguing over whether to “phase-out” or “phase-down” coal in the final communique of the COP26 climate change summit. Under pressure from China and India, the watered-down second choice prevailed. Still, it was good enough for the United Nations to proclaim that the dirtiest fuel was being “consigned to history.” Nothing is further from reality. ...

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• 3 February

  Next BOE rate hike could drive up borrowing costs

  

    With UK retail price inflation over 7%, there is clear justification for the Bank of England’s monetary policy committee to deliver a second consecutive interest rate hike to 0.50% at its upcoming meeting on February 3. Sadly for the average person, it is more likely to be felt in higher borrowing costs than actually securing anything much above zero ...

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