October, 2019

• 7 October

  AED35b in housing support provided to Emiratis: Minister

  

  Dubai / WAM Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, revealed that since its establishment in 1999, the Sheikh Zayed Housing Programme has processed 62,000 housing support applications around the country valued at more than AED35 billion. The support includes provision of mortgages, grants, construction of government housing and built-in extensions on existing houses, and home ...

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• 7 October

  UAE supports efforts to diversify energy sources: Sheikh Hamdan

  

  Abu Dhabi / WAM His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, stated that the UAE is supporting national development efforts by launching projects that aim to diversify and secure the country’s energy sources and promote the use of environmentally-friendly energy, as per the directives of President His Highness Sheikh Khalifa bin Zayed Al ...

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• 7 October

  Lebanon is against any activities hostile to Gulf nations

  

  ABU DHABI / WAM The Lebanese government is against any activities hostile to the Arabian Gulf countries, Lebanese Prime Minister Saad Hariri told the Emirates News Agency (WAM), in an exclusive interview. “I want to emphasise as head of the government [that] I refuse any form of Lebanese involvement in the conflicts around us. Moreover, I stress that the Lebanese ...

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• 7 October

  Dubai Customs sees 1.2m transactions in Ducamz, Dry Port

  

  Dubai / WAM Dubai Cars and Automotive Zone’s (Ducamz’s), customs centre has announced that it processed 429,602 transactions and made 31 seizures in 2018, compared to 268,070 transactions and 14 seizures in the first half of 2019. Meanwhile, Dry Port customs centre carried out 812,529 transactions last year, with that number totaling 430,142 transactions in H1 this year. This came ...

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• 7 October

  Zayed Sustainability Prize reveals 30 finalists

  ABU DHABI / WAM Thirty candidates have been announced as finalists for the Zayed Sustainability Prize 2020 on Monday. Addressing some of the world’s most pressing and core development challenges, and aligned to the UN Sustainable Development Goals (SDGs), 2030, the finalists of the Zayed Sustainability Prize are now vying to win up to ten awards, across five categories: Health, ...

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• 7 October

  Ras Al Khaimah’s live, work and play ecosystem explored

  

  Dubai / WAM A European trade delegation comprising of 39 decision-makers from the United Kingdom, Belgium, Greece, Hungary and Italy has visited Ras Al Khaimah to explore the potential of the emirate as a gateway to fast emerging economies in the Middle East. Ras Al Khaimah Economic Zone (Rakez), organised a special event for the multi-sector mission operating in the ...

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• 7 October

  China’s coal power giants fail to respond to climate change

  

  Bloomberg China’s top six listed coal-power generators are failing to respond to climate change, lagging international peers and leaving them misaligned with Beijing’s broader environmental policies, according to a sustainability and governance risk consultant. That’s keeping shareholders without adequate information on how the firms are addressing climate change or adjusting their businesses to adapt, Singapore-based Asia Research & Engagement said ...

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• 7 October

  Eskom’s $4bn-coal bill headache largely of its own making

  

  Bloomberg South Africa wants coal producers to help debt-stricken state power utility Eskom Holdings SOC Ltd. tackle its skyrocketing costs of the fuel — a problem that’s largely of its own making. Eskom traditionally signed so-called “cost-plus” contracts for coal with mining companies that managed and operated shafts the utility helped finance. In 2015 then-Chief Executive Officer Brian Molefe criticized ...

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• 7 October

  CNPC quits flagship Iran gas project as US sanctions bite

  

  Bloomberg China National Petroleum Corp. (CNPC) is no longer a partner in Iran’s biggest natural gas project, and the Persian Gulf nation will develop Phase 11 of the giant South Pars field on its own, Oil Minister Bijan Namdar Zanganeh said. CNPC was the only international partner left in the project, after Total SA of France withdrew last year when ...

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• 7 October

  Trump’s ‘irresponsible’ Syria move will aid IS: Graham

  

  Bloomberg President Donald Trump’s decision to step aside from Kurdish allies in Syria while Turkey’s military advances drew a stark rebuke on Monday from one of his staunchest Republican backers. “This is going to lead to the reemergence of IS, and the biggest winner of all this will be the Iranians, and that’s too bad,” Senator Lindsey Graham told Fox ...

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