March, 2020

• 23 March

  Deal signed to build bulk liquid storage terminal in Abu Dhabi

  

  Abu Dhabi / WAM Abu Dhabi Ports signed a strategic agreement with Saudi-based Arabian Chemical Terminals (ACT) that will see the development of the emirate’s first greenfield commercial bulk liquid storage terminal at its flagship, deep-water Khalifa Port. Further diversifying Abu Dhabi Ports’ portfolio with enhanced capabilities in handling of liquid bulk products and gases, the project will benefit existing ...

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• 23 March

  UK economy could shrink 10% in H1

  Bloomberg The UK economy will contract at least 10% in the first half of the year as the fallout from the coronavirus hammers output, according to Bloomberg Economics’ estimates. In a report released on Monday, senior UK economist Dan Hanson said support provided by the Bank of England and the Treasury should prompt a turnaround in the second half of ...

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• 23 March

  UAE leaders greet Pakistani President on National Day

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a message of congratulations to President Arif Alvi of Pakistan on the occasion of his country’s National Day, which is known as ‘Pakistan Day’. 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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• 23 March

  Covid-19: Etihad temporarily suspends all passenger flights

  

  ABU DHABI / Emirates Business Etihad Airways (Etihad) will temporarily suspend all flights to, from, and via Abu Dhabi following a decision by the National Emergency Crisis and Disaster Management Authority, and the General Civil Aviation Authority (GCAA), to suspend all inbound, outbound, and transit passenger flights in the UAE. This decision has been made to limit the spread of ...

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• 23 March

  Abu Dhabi suspends rent evictions for two months

  

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday directed the Abu Dhabi Judicial Department to halt all rental property eviction cases currently underway, along with executive procedures like imprisonment, blocking of bank accounts, seizure of vehicles, stocks and assets for ...

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• 23 March

  FYA to train Emirati youth to deal with pandemics

  

  DUBAI / WAM The Federal Youth Authority (FYA) has launched nine national initiatives that seek to prepare Emirati youth and enhance their role in dealing with pandemics and minimising their impact on the community and all aspects of life in the UAE. The nine initiatives come in light of the major transformations taking place across the world, which have underlined ...

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• 23 March

  NCM marks World Meteorological Day

  

  ABU DHABI / WAM The National Centre of Meteorology (NCM) is commemorating World Meteorological Day, which is observed on March 23 every year. This year, the day is being celebrated under the slogan, ‘Let us count every drop, because every drop counts’. Dr. Abdulla Al Mandous, Director of NCM and President of the Regional Association II (Asia) of World Meteorological ...

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• 23 March

  Japan to expand Emirati HR development programmes

  

  Abu Dhabi / Emirates Business The Japan International Cooperation Center (JICE) Abu Dhabi Office this month successfully concluded a twelve-month series of joint collaborations, projects, activities and studies with various UAE governmental bodies and institutions for the educational and human resource development of young Emirati talent. The collaborations were focused on a number of educational, societal and even sporting areas ...

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• 23 March

  Coal is now world’s most expensive fossil fuel

  

  Bloomberg Coal, the dirtiest and usually the cheapest option for energy, is now the world’s most expensive fossil fuel. Oil’s epic collapse over the past month means the global crude benchmark is now priced below the most widely traded coal contract on an energy-equivalent basis, according to Bloomberg calculations. Australia’s Newcastle coal on ICE Futures Europe settled at $66.85 a ...

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• 23 March

  Fewer refineries able to get waivers under Trump plan

  

  Bloomberg The Trump administration doesn’t plan to challenge a federal court ruling that dramatically curbs its ability to exempt oil refineries from biofuel-blending requirements, according to three people familiar with the matter. Under a decision reached late this week by top administration officials, the Environmental Protection Agency will now apply that 10th Circuit Court of Appeals ruling nationwide, so that ...

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