July, 2021

• 10 July

  Twitter to ‘fully comply’ with India rules

  Bloomberg Twitter Inc pledged to “fully comply” with India’s new internet regulations, caving in a dispute with the government over rules that critics say curtail privacy and free speech. The US social media giant has appointed an interim chief compliance officer, will name a grievance officer by July 11 and set up an India office in eight weeks, a lawyer ...

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• 8 July

  Expo 2020 will foresee future full of opportunities: Abdullah

  

  DUBAI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, stressed that the Expo 2020 Dubai will be a global platform for foreseeing a future full of opportunities for generations to come. The UAE, which has a unique international developmental legacy established by the late Founding Father, Sheikh Zayed bin Sultan Al ...

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• 8 July

  Taqa, Abu Dhabi Ports plan mega green ammonia export project

  

  Abu Dhabi / WAM Abu Dhabi National Energy Company PJSC (Taqa) and Abu Dhabi Ports (ADP) announced on Wednesday they are discussing the development of an industrial scale green hydrogen to ammonia export project in Abu Dhabi. A partnership on a green hydrogen to ammonia project on this scale between Taqa and Abu Dhabi Ports, would be a significant step towards ...

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• 8 July

  Dubai invested AED145bn in roads, transport projects

  

  DUBAI / WAM Over the last 15 years, Dubai’s Roads and Transport Authority (RTA) has undertaken roads and transport projects worth more than AED145 billion, stated Mattar Mohammed Al Tayer, Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority, (RTA), Commissioner-General for the Infrastructure, Urban Planning and Wellbeing Pillar in Dubai. This milestone was achieved ...

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• 8 July

  First Emirati satellite to track wildlife launched

  Abu Dhabi / WAM A team of Emirati entrepreneurs launched first satellite to track wildlife in UAE (Ghalib). Developed by Emirati firm Marshall Intech, the satellite was successfully launched on SpaceX Falcon-9 rocket at Cape Canaveral Space Force Station, Florida. The satellite entered its orbit, 550 km above sea level. Equipped with advanced technologies, Ghalib satellite allows researchers to track ...

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• 8 July

  DP World signs lease deal with Petrochem for chemical terminal

  

  Dubai / WAM DP World, UAE Region, the leading smart trade enabler, and Petrochem Middle East, the largest chemical distributor in the Middle East and Africa, signed a 30-year lease agreement that expands its business in the region. Petrochem Middle East will invest between $80 million to $90 million in developing a chemical terminal on Quay 7, adjacent to the ...

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• 8 July

  EU targets $415bn a year fund for green transition

  

  Bloomberg The European Union (EU) proposed a swathe of new rules to bring the world of finance in line with its ambitious goal to make the region carbon neutral by the middle of the century. The European Commission wants tighter measures on banks and credit rating agencies to better reflect the risks climate change poses to the financial system. The ...

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• 8 July

  Wizz Air Abu Dhabi to fly to Baku

  Abu Dhabi / WAM Wizz Air Abu Dhabi, a national airline of the UAE, has announced its latest route to Baku, Azerbaijan starting August 14. The launch of the new route will see the airline now fly to 29 destinations. Azerbaijan is currently on Abu Dhabi’s green country list meaning that travellers will not be required to quarantine upon arrival ...

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• 8 July

  Expo 2020 will foresee future full of opportunities: Abdullah

  

  Dubai / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, stressed that the Expo 2020 Dubai will be a global platform for foreseeing a future full of opportunities for generations to come. The UAE, which has a unique international developmental legacy established by the late Founding Father, Sheikh Zayed bin Sultan Al ...

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• 8 July

  Dewa completes nearly 85% of Al Aweer power project

  

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has completed 84.52 percent of the 829 megawatts (MW) 4th phase of the H-Station power plant in Al Aweer with investments totalling AED1.1 billion. This phase will increase the station’s total capacity to 2,825MW under climate conditions of up to 50 degrees Celsius. The project is expected to be operational by ...

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