Bloomberg Oil climbed to its highest level since November as two major agencies indicated that markets may be tighter than previously forecast. West Texas Intermediate traded above $82. On Wednesday, the International Energy Agency’s Fatih Birol said the relatively small hit to demand from omicron means consumption has been stronger than many observers had expected. That followed a monthly ...
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January, 2022
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13 January
ADU awarded 5 QS stars for online learning
ABU DHABI / WAM Abu Dhabi University (ADU) has been recognised for its excellence in online learning, earning the highest rating of 5 stars by the prestigious Quacquarelli Symonds – QS Stars Rating for 2021. The Abu Dhabi University has achieved an outstanding overall score of 95 percent in the Online Learning category. It earned a full score in ...
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13 January
Leaders Sport Business Summit Abu Dhabi returns in March
Abu Dhabi / WAM After a one-year hiatus, Leaders Sport Business Summit Abu Dhabi, in partnership with Abu Dhabi Sports Council (ADSC), returns to the world-renowned Yas Marina Circuit on March 16-17. Leaders will host two days of exclusive insight led content from leading global sports organisations and local entities. Over 400 industry leaders from every corner of the ...
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13 January
Dewa delegation visits Nasa Kennedy Space Centre in US
FLORIDA / WAM Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (Dewa), is leading a delegation to the United States to strengthen joint relations and exchange best global experiences and practices in space exploration and technology and related industries. Al Tayer’s delegation included Waleed bin Salman, Executive Vice President of Business Development and Excellence, ...
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13 January
UAE reports 982 new recoveries from Covid-19
Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 300,893 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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13 January
Abu Dhabi University awarded 5 QS Stars for online learning
ABU DHABI / WAM Abu Dhabi University (ADU) has been recognised for its excellence in online learning, earning the highest rating of 5 stars by the prestigious Quacquarelli Symonds – QS Stars Rating for 2021. The ADU has achieved an outstanding overall score of 95 percent in the Online Learning category. It earned a full score in student-faculty engagement, ...
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13 January
UAE to establish 60 centres in Egypt to help people of determination
ABU DHABI / WAM The Zayed Higher Organisation for People of Determination (ZHO) and ADQ, an Abu Dhabi-based investment and holding company, on Wednesday announced the launch of the ‘Bridges of Hope’ programme to support people of determination in Egypt. The joint initiative is in cooperation with the Egyptian Ministry of Youth and Sports (MOYS), which oversees the Office ...
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13 January
Covid-19: Energy price surge in Europe is squeezing consumers
Bloomberg Soaring energy prices are putting the squeeze on European consumers desperate for some relief after two years of coronavirus, lockdowns and job worries. The financial pain is taking a toll on households, who are more worried about prices than at any time this century, and feel less inclined to splurge, according to a European Commission survey. If demand ...
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13 January
EDF delays startup of a new nuclear reactor
Bloomberg Electricite de France SA delayed the startup of a new nuclear reactor in western France that was already a decade late, and raised its budget for the project yet again. Fuel will now be loaded into the Flamanville-3 reactor in second quarter of next year rather than at the end of 2022, EDF said on Wednesday, citing complications ...
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13 January
Maersk targets faster cuts in CO2 emissions
Bloomberg AP Moller-Maersk A/S, one of the world’s largest oil consumers, is ramping up plans to eliminate carbon emissions after finding green alternatives to fuel its fleet of ships. The container shipping giant said it will hit its goal of becoming carbon neutral in 2040, 10 years earlier than planned, and the target will now also cover indirect, so-called ...
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