TimeLine Layout

December, 2020

  • 6 December

    UAE leaders wish Thai King on National Day

    ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a message of congratulations to King Maha Vajiralongkorn of Thailand, on the occasion of his country’s National Day, which is marked on December 05. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and ...

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  • 6 December

    ‘Green recovery’ to take centre stage at ADSW Summit in Jan

    ABU DHABI / WAM Masdar has announced that registration is now open for the Abu Dhabi Sustainability Week (ADSW) Summit, the global platform for accelerating sustainable development, which will take place virtually in January 2021. Hosted by Masdar, the ADSW Summit will, over three sessions, focus on the pillars of “Live & Move”, “Care & Engage”, and “Work & Invest”, ...

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  • 6 December

    Hala Badri explores Hatta’s development

    DUBAI / WAM In line with Dubai Culture and Arts Authority’s vision to support Hatta’s comprehensive development plan, which was launched in 2016 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Hala Badri, Director-General of Dubai Culture, visited Hatta to explore prospects for its cultural development. Commenting on the visit, Hala ...

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  • 6 December

    UAE National Day: Global Village sets new Guinness Records

    DUBAI / WAM Global Village, the UAE and wider region’s leading multicultural family destination for culture, shopping, and entertainment, hosted excited guests over the long weekend at extraordinary celebrations across the park to mark the 49th National Day. Guests arrived at Global Village with high expectations and the proceedings ensured no guest left disappointed. Bader Anwahi, Global Village CEO, said, ...

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  • 6 December

    Director of House of Wisdom appointed

    SHARJAH / WAM Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Sharjah Investment and Development Authority, Shurooq, issued an administrative directive appointing Marwa Obaid Al Aqroubi as the Director of House of Wisdom, a ‘future library’ and social hub being brought to life by Shurooq. The decision reaffirms Sheikha Bodour Al Qasimi’s trust in Al Aqroubi’s vast experience as president ...

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  • 6 December

    Centrica resumes talks to sell North Sea venture

    Bloomberg Centrica Plc, the biggest supplier of energy to UK homes, has resumed talks over a potential sale of its North Sea oil and gas venture after putting the plans on hold earlier this year. The London-listed company is in discussions with “a number of parties” regarding a sale of its controlling stake in Spirit Energy Ltd “but hasn’t restarted ...

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  • 6 December

    IEA chief sees ‘disturbing’ signal for climate target

    Bloomberg Global efforts to reduce wasted energy have faced a major setback in 2020, sidelining a relatively simple way of slashing emissions and hitting climate goals. That’s the conclusion from an International Energy Agency report, which recorded the weakest improvement in efficiency since 2010, as investments into technologies that can cut emissions have slowed amid the economic turmoil brought on ...

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  • 6 December

    LG Chem recalls home battery systems in US

    Bloomberg LG Chem Ltd is voluntarily recalling some models of its home energy storage batteries in the US over concerns they could overheat and start fires. The South Korean industrial giant is working with the US Consumer Product Safety Commission on the recall after the company received reports of five fires with its battery systems that caused limited property damage ...

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  • 6 December

    Brexit deal or not, City of London has lost its clout

    Back in the mid-2000s, when finance was booming and the City of London was at the peak of its powers, brokerage boss Michael Spencer joked that statues of two US politicians — Paul Sarbanes and Michael Oxley — should be put up near the London Stock Exchange. Their tough regulation of Wall Street had sent the cost of being publicly ...

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  • 6 December

    Africa needs its own Singapore

    When it comes to economic development, China’s amazing success soaks up much of the attention. But another huge region has quietly begun what looks like a new phase of exponential growth: Southeast Asia. The sustained enrichment of this region will transform the world, and carry important lessons for struggling countries like those in Africa. Southeast Asia was once almost completely ...

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