July, 2020

• 28 July

  UAE proposes new climate approach for UN Security Council

  

  New York / WAM The UAE has called on the UN Security Council (UNSC) to play its part in addressing climate change during an open meeting convened by Germany as this month’s president of the Security Council’s meeting on climate and security. In a written statement, the UAE emphasised that the Security Council must work hand-in-hand with development and humanitarian ...

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• 28 July

  UAE sends third medical aid shipment to Colombia

  

  ABU DHABI / WAM The UAE on Monday sent a third aid shipment carrying 6 metric tons of critical medical supplies to Colombia to bolster the country’s efforts to curb the spread of Covid-19. This aid will assist approximately 6,000 medical professionals as they work to contain the virus. Commenting on the aid delivery, Salem Rashid Al Owais, UAE Ambassador ...

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• 27 July

  Dubai’s Emirates NBD completes customer migration to ‘Smart Pass’

  

  Dubai / WAM Emirates NBD has completed successful migration of its customer base to the Smart Pass service to support safer digital transactions. The roll out of Smart Pass is part of the bank’s long-term commitment to safe, secure banking and supports Emirates NBD’s ongoing initiatives to align with global best practices in banking security. Available on the bank’s Mobile ...

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• 27 July

  UAE’s courier market set to grow by 7.5% annually

  

  Dubai / Emirates Business The outlook for the UAE’s Courier, Express and Parcel (CEP) market is bright due to strong demand generated in the wake of the coronavirus outbreak across the globe, industry experts say. Referring to latest research data released by Mordor Intelligence, they said CEP market in the UAE is expected to post 7.5 percent compound annual growth ...

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• 27 July

  Greek president honours UAE ambassador

  ATHENS / WAM President Katerina Sakellaropoulou of Greece honoured Mohamed Meer Al Raisi, UAE Ambassador to Greece, in recognition of his efforts in strengthening ties between the UAE and Greece. On the occasion of the end of his tenure as ambassador to the country, Greek Foreign Minister Nikos Dendias decorated the UAE Ambassador with the Grand Cross of the Order ...

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• 27 July

  Emirates launches bespoke portal for travel trade partners

  

  Dubai / Emirates Business Emirates on Monday rolled out a brand new, state-of-the-art online gateway to serve its travel trade partners around the world. Tailored for each market, and personalised for each partner to cater to their unique business environment and needs, the Emirates Partners Portal is a one-stop shop for travel industry partners to quickly and securely access the ...

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• 27 July

  NRG Energy cements push into retail market

  

  Bloomberg NRG Energy Inc is making its boldest push yet into the retail electricity business, cementing a strategy overhaul that started three years ago. The power supplier said it’s buying Centrica Plc’s Direct Energy unit in a $3.6 billion deal that will nearly double the number of homes and businesses it serves across North America. It’s NRG’s biggest acquisition in ...

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• 27 July

  Cheap wind power may boost green hydrogen

  

  Bloomberg The falling cost of wind power is shaping up to be a boon for another clean energy source: green hydrogen. Hydrogen — a fuel made by electrolysing water — requires a tremendous amount of power to produce. But siting hydrogen facilities at wind farms, which typically generate more electricity than they need at night, could give the fuel an ...

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• 27 July

  Why Dems don’t hold Trump accountable?

  

  When President Donald Trump recently commuted the prison sentence of Roger Stone, his longtime ally and now a convicted felon, reaction on Capitol Hill was swift. Representatives Carolyn Maloney and Jerrold Nadler, the respective chairs of the House of Representatives’ Oversight and Reform and Judiciary committees, promptly issued a joint statement. “By this action, President Trump abused the powers of ...

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• 27 July

  Ascena’s bankruptcy is scariest yet

  

  In the latest example of how the world of brick-and-mortar retail is being overwhelmed by the pandemic, specialty apparel conglomerate Ascena Retail Group Inc — corporate parent of Ann Taylor, Lane Bryant and other chains — filed for Chapter 11 bankruptcy protection. The company said its restructuring plan will allow it to reduce its debt by $1 billion. It also ...

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