Mohammed Jalal Al Rayssi (Director-General of WAM) ABU DHABI The UAE Peaceful Nuclear Energy Programme is a catalyst for growth in the UAE, providing 25 percent of the country’s needs for clean electricity. This project generates further energy supplies to support the national economy, and its diversification creates thousands of job opportunities and contributes to the Emiratisation of modern technologies. ...
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March, 2021
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10 March
Emirates boosts services to Maldives, Seychelles
DUBAI / WAM Emirates Airline has announced that it will increase services to popular holiday destinations, Maldives and Seychelles, ahead of the Easter break. Starting March 28, the airline will offer customers 28 weekly flights to Male, capital of Maldives, and seven weekly flights to Mahe, capital of Seychelles. The added services will meet market demand and offer customers greater ...
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10 March
Sharjah, Singapore explore stronger economic relations
SHARJAH / WAM Sharjah’s investment environment as well as emerging potential in new sectors were topics that dominated the Sharjah–Singapore Investment Webinar discussions organised by the Sharjah FDI Office (Invest in Sharjah). The webinar was operated under the Sharjah Investment and Development Authority (Shurooq), in collaboration with the Singapore Business Council. The virtually held meeting convened investors, business leaders and ...
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10 March
Hipa award launches ‘family’ theme competition
Dubai / WAM The Ministry of Community Development (MoCD) and Hamdan bin Mohammed bin Rashid Al Maktoum International Photography Award (Hipa) announced the launch of a new theme in its current competition season titled “Family”. The competition motivates participants to compete by expressing their best-articulated images within a community development pillar based on highlighting virtual values and enhancing the principle ...
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10 March
Masdar launches initiative to tackle plastic pollution
Abu Dhabi / WAM Masdar’s Youth 4 Sustainability (Y4S) platform has launched the fifth edition of its “Ecothon Innovation Challenge” under the Future Sustainability Leaders (FSL) programme, to develop circular economy solutions to tackle waste. Under the patronage of HH Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Youth 4 Sustainability (Y4S), a Masdar outreach initiative, invests and actively supports ...
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9 March
Long Covid is debilitating mystery. Just check it out
The downslope of the Covid crisis is proving to be its own bumpy ride — and there’s no telling yet how long it will last. We’ve learned a tremendous amount about the disease itself, but in terms of grasping the impact of lingering post-Covid Syndrome, or Long Covid as it’s often called, we’re just getting started. As hospital admissions from ...
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9 March
Russia’s IPO is an $8b bet on frugality
There are few more eloquent expressions of faltering Russian living standards than the rise and rise of discount retailer Fix Price Group Ltd., set to begin trading in London and Moscow. An equity value of $8.3 billion assumes sizeable ongoing appetite for cheap detergent and affordable cosmetics. It says everything that Russia’s hottest initial public offering in years is a ...
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9 March
Clubhouse, TikTok are antidote to Twitter’s rage
After about a decade of stasis, big things are afoot in the world of social media. Audio chat app Clubhouse, newsletter platform Substack, and video-sharing app TikTok, among others, are giving rise to an explosion of new conversations and building large followings for the early adopters. But even more importantly, the new platforms are partially unbundling Twitter, threatening to make ...
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9 March
Cash turns out to be the most effective welfare
Biden’s $1.9 trillion Covid-19 relief bill has passed the Senate, clearing the way for it to become law. Much of the legislation is dedicated to handing out cash to individual Americans. This is a sign post for a tectonic shift that’s underway in US policy thinking towards unconditional money transfers as the optimal way to help people in need. When ...
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9 March
Hong Kong minister warns citizens against ‘oblivious’ criticism of China
Bloomberg Hong Kong’s top legal official warned residents to steer clear of criticisms of the government that stray too far from the facts, as officials defend Beijing’s plan to overhaul the city’s elections. Hong Kong Justice Secretary Teresa Cheng said in an interview on Tuesday that opinions were “no more than an utterance of no value†if the facts weren’t ...
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