May, 2020

• 25 May

  SDTPS inaugurates new landmark in Sharjah

  

  SHARJAH / WAM Under the patronage of His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, Engineer Salah Bin Butti Al Muhairi, Adviser to the Sharjah Department of Town Planning and Survey, inaugurated the Khorfakkan Monument, designed to be a traditional Arabian Incense Burner Statue, to be a symbol of “Mabkhara” and built ...

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• 25 May

  Abu Dhabi sets guidelines for reopening of hotels

  

  ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi has shared detailed guidelines with the emirate’s hotels in preparation for granting approvals to reopen the establishments’ restaurants, lounges, beaches, pools and gyms. Having closed due to health and safety precautionary measures imposed to contain the spread of the Covid-19 virus, hotels will now be able to ...

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• 25 May

  Seha receives over 60,000 calls on Estijaba hotline

  ABU DHABI / WAM In collaboration with the Department of Health Abu Dhabi, the Abu Dhabi Health Services Company (Seha), UAE’s largest healthcare network, has announced receiving more than 60,000 calls via the Estijaba hotline in March and April with enquiries, comments and appointment or screening requests related to Covid-19 since the outbreak of virus in the UAE. During this ...

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• 25 May

  UAE sends medical aid to Congo in fight against Covid-19

  

  ABU DHABI / WAM The UAE on Monday sent an aid plane carrying five metric tons of medical supplies to the Democratic Republic of Congo. The aid will assist approximately 5,000 medical professionals as they work to combat the Covid-19 pandemic. Commenting on the aid delivery, Hazza Mohammed Al Qahtani, UAE Ambassador to Rwanda, remarked, “The provision of aid today ...

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• 25 May

  UAE emphasises on confidence-building measures to promote cyber security at UNSC

  

  NEW YORK / WAM UAE emphasised the importance of implementing confidence-building measures and for Member States that have experience in implementing existing cyber norms to share their lessons learned best practices in a UN Security Council meeting on cyber stability, capacity building and conflict prevention. “Although the digital environment is increasingly being used for malicious activity, we should not lose ...

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• 25 May

  Rival plans for EU crisis fund signal bumps in road to come

  

  Bloomberg European Union (EU) governments are trying to forge a consensus over how to provide aid to the countries hardest hit by the coronavirus pandemic. With France and, crucially, Germany proposing a jointly-financed recovery fund to help the region cushion the blow from the steepest recession in living memory, the outcome of the talks could determine the bloc’s future direction ...

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• 25 May

  Peak fossil fuels is next test for Russia’s battered economy

  

  Bloomberg The economy of the world’s biggest energy exporter is heading for its deepest slump in more than 10 years due to the fallout from the coronavirus. A bigger crisis may be just around the corner. Analysts at the Kremlin-funded Skolkovo Energy Center warned this month that the nation faces years of economic stagnation as demand for its carbon-heavy exports ...

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• 25 May

  Work to begin soon on Australia plan to export solar power to S’pore

  

  Bloomberg Survey work will soon begin on an ambitious plan to export power from a giant solar farm in Australia to Singapore via a 3,800 kilometre (2,360 mile) undersea cable. The Sun Cable project, which is backed by Atlassian co-founder Mike Cannon-Brookes and Fortescue Metals’ founder Andrew Forrest, has awarded a contract to Perth-based Guardian Geomatics to conduct a route ...

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• 25 May

  Latin American power giant eyes big bet on green energy

  

  Bloomberg Electricity utility Interconexion Electrica SA is expanding its network of power transmission lines in Latin America to provide a backbone for the increase in renewable energy in the region. ISA, as the company is known, will be “aggressive” in bidding on lines connected to renewable generation, which can be funded by the sale of sustainable debt, CEO Bernardo Vargas ...

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• 25 May

  Oil’s sudden rebound exposes Achilles’ heel of shale

  

  Bloomberg Oil prices have surged more than 75% in the US this month. But don’t expect a quick rebound in supply from shale explorers. The quick turnaround in oil markets is exposing the shale industry’s big weak spot: Lightning-fast production declines. Shale gushers turn to trickles so quickly that explorers must constantly drill new locations to sustain output. And they ...

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