March, 2020

• 2 March

  Ministry backs Innovate4Good initiative to spur innovation

  

  Abu Dhabi / Emirates Business The Ministry of Climate Change and Environment (MOCCAE) has announced its support for Innovate4Good (I4G), a purpose-driven startup community platform and thought leadership forum committed to accelerating social innovation and transformational entrepreneurship in the Mena region and beyond. As part of its involvement, MOCCAE intends to work with I4G strategic and community partners to help ...

  Read More »
• 2 March

  Dewa receives ISO tag for sustainable procurement

  

  DUBAI / WAM The Dubai Electricity and Water Authority (Dewa) received the ISO:20400:2017 for Sustainable Procurement and Supply Chain, becoming the first utility in the Middle East to receive this certificate. Dewa received the certificate after a thorough audit by INTERTEK on its sustainable procurement practices. ISO:20400:2017 is the world’s first international standard for sustainable procurement and aims to help ...

  Read More »
• 2 March

  Abu Dhabi’s FAB launches new payment service for merchants

  

  ABU DHABI / WAM First Abu Dhabi Bank (FAB) has announced the launch of a new “payment as a platform” for merchants, consolidating a full range of payment needs into a single, digital-first package. The platform can converge card payments, new payment methods including domestic and international digital wallets, loyalty programmes, QR solutions, and value-added services such as buy-now-pay-later and ...

  Read More »
• 2 March

  DAE restarts bond repurchase programme

  

  DUBAI / WAM Dubai Aerospace Enterprise (DAE) on Monday announced that it had recommenced its bond repurchase programme. Since the inception of the programme in mid-2018, DAE has repurchased approximately $485 million of principal amount of bonds and has remaining authorisation to repurchase a further approximately $115 million. DAE Chief Executive Officer Firoz Tarapore said, “The current trading levels of ...

  Read More »
• 2 March

  Constuction of Zayed Dialysis Centre is almost 36% complete

  

  DUBAI / WAM As part of the directives of the wise leadership to support charitable and humanitarian causes, the Islamic Affairs and Charitable Activities Department in Dubai (IACAD) on Monday announced that the construction of the Zayed Dialysis Centre is approximately 36 percent complete. The centre, located in the Al-Twar 3 area, is a joint project between the IACAD and ...

  Read More »
• 2 March

  District cooling services rise by 8.25% in Dubai

  ABU DHABI / WAM Emirates Central Cooling Systems Corporation, Empower, has announced that the total number of buildings connected with its district cooling services in Dubai has increased to 1,180 in 2019, marking 8.25 percent growth from 2018. The company’s performance shows an impressive growth of 269 percent in a span of seven years, from 320 buildings in 2012 to ...

  Read More »
• 2 March

  Kim marks year of failed Trump talks with missiles

  

  Bloomberg North Korea launched two unidentified projectiles off its eastern coast, South Korea’s defense ministry said, a move that comes just after the year anniversary of the failed Hanoi summit between leader Kim Jong-un and US President Donald Trump. The projectiles were launched on Monday from an area near the North Korean coastal city of Wonsan, the South Korean defense ...

  Read More »
• 2 March

  Iraq’s Allawi fails to form government

  

  Bloomberg Iraq’s Mohammed Tawfik Allawi declined to form a cabinet and stepped down as designated prime minister, ending weeks of squabbling and returning the country to a political vacuum. In a televised address on Monday in Baghdad, Allawi said he was quitting because of what he called “pressures from political parties seeking their own interests.” Allawi, a former communications minister, ...

  Read More »
• 2 March

  Cuccinelli appointed unlawfully: US judge

  

  Bloomberg President Donald Trump’s appointment of Virginia’s former attorney general as head of the immigration service violated federal law, a federal judge concluded. The ruling voids controversial policy changes that made it more difficult to get asylum in the US. Ken Cuccinelli’s appointment in 2019 as acting director of US Citizenship and Immigration Services (USCIS), a unit within the Department ...

  Read More »
• 2 March

  Congo calls for inquiry into death of top general

  

  Bloomberg The Democratic Republic of Congo’s president called for a rapid investigation into the sudden death of the country’s head of military intelligence shortly after his suspension from the army. General Delphin Kahimbi died last week in Kinshasa, the capital, President Felix Tshisekedi told his council of ministers later that day, according to minutes of the meeting on the PM ...

  Read More »