November, 2020

• 18 November

  Al Jaber says UAE continues to attract world-class investors

  

  ABU DHABI / WAM Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Group CEO of the Abu Dhabi National Oil Company (Adnoc) has highlighted investment and partnership opportunities in the UAE during a panel session at the Bloomberg New Economy Forum. Speaking during the virtual session titled ‘The Rise of Regional Champions: The Search for ...

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• 18 November

  MBRHE gears up for launching 4th Decobuild 2020

  

  DUBAI / WAM Mohammed Bin Rashid Housing Establishment (MBRHE) has started its logistical preparations for launching the 4th edition of The Housing, Building Materials, Decoration & Engineering Consultancy Exhibition, Decobuild 2020, with the precautionary and preventive measures in place to ensure the safety of both exhibitors and visitors. The 4th edition will be held at Elbait Metwahid Hall, Al Warqa`a ...

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• 18 November

  Abu Dhabi DoE, EAD discuss sustainability

  

  Abu Dhabi / WAM The Abu Dhabi Department of Energy (DoE) and the Environment Agency — Abu Dhabi (EAD) held a meeting recently to discuss the progress made by the joint taskforce they had formed to promote collaboration among them to ensure the sustainability of natural ecosystems and preserve the terrestrial and marine environment of the emirate. The taskforce was ...

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• 18 November

  Environment expo to feature at World Future Energy Summit

  

  ABU DHABI / WAM As climate change continues to be one of the greatest challenges facing mankind today, and in light of research revealing a fast-emerging market opportunity valued at $7.1 trillion, the World Future Energy Summit has announced the introduction of a new Climate and Environment Expo & Forum, hosted in partnership with the UAE Ministry of Climate Change ...

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• 18 November

  South Africa’s biggest polluter aims for 2050 net zero emissions

  

  Bloomberg South Africa’s power utility, the nation’s biggest producer of greenhouse gases that mainly uses coal for electricity generation, is working on a plan aimed at net zero emissions by 2050. Eskom Holdings SOC Ltd “has an aspirational vision” of reaching the goal, which includes the creation of jobs, the utility said in a reply to questions. “We are currently ...

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• 18 November

  Welcome to the new era of might-is-right global trade

  

  If you wanted a demonstration of how the world’s largest free trade area is likely to fall short of expectations, you could do worse than look at the customs sheds at Shanghai’s Pudong airport. As final preparations for signing the Regional Comprehensive Economic Partnership pact (RCEP) were being made earlier this month, several metric tons of Australian lobster were being ...

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• 18 November

  Warren Buffett likes stocks again

  

  Warren Buffett is a living, breathing billionaire, but he’s also a leading economic indicator. So after his Berkshire Hathaway Inc. dumped almost $13 billion of stocks in the throes of the Covid-19 crisis, investors were beside themselves. They’ll now be quite relieved to see that his company is back in buying mode, making the biggest outlay for equity purchases in ...

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• 18 November

  Payment plumbings gush profits for private equity

  Mashing together the plumbing of the payments industry has provided a steady stream of deals for bankers. With Nexi SpA inking its agreement to buy Nets S/A over the weekend, the European sector now looks to be coalescing around two players, one French and one Italian. But this is probably only the end of the beginning for consolidation. Nexi’s combination ...

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• 18 November

  Fossil-fuel workers can be part of climate action

  Reviving America’s commitment to fighting climate change will require effort from politicians, energy executives, to some extent everyone. Yet one group must not be forgotten: the fossil-fuel workers who have for decades toiled to power the country’s growth. They’ll bear much of the cost to ensure a sustainable future. They deserve much more support than they’ve seen so far. The ...

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• 18 November

  Delta Air sends Airbus jets on world tour to skirt US tariffs

  

  Bloomberg Delta Air Lines Inc is sidestepping millions of dollars in US tariffs on European jetliners by initially routing them far outside the country to such places as Amsterdam, Tokyo and El Salvador. The US carrier has taken delivery of seven European-built Airbus SE planes since President Donald Trump’s levies took effect in October 2019. Rather than flying them home ...

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