April, 2018

• 23 April

  AED708mn Sheikh Khalifa bin Zayed City inaugurated in Kabul

  

  Abu Dhabi / Emirates Business HE Mohammad Ashraf Ghani, President of Afghanistan, inaugurated the Abu Dhabi Fund for Development (ADFD) financed Sheikh Khalifa bin Zayed City Housing Complex in Afghanistan. Located in the Qasaba district of Afghanistan’s capital Kabul, ADFD contributed an estimated AED708 million to the social housing development project. HE Mohammed Saif Al Suwaidi, Director General of ADFD, ...

  Read More »
• 23 April

  Adnoc Flex sees positive results during trial period

  

  Abu Dhabi / WAM Aadnoc Distribution, the UAE’s largest fuel and convenience retailer, has released early results from a free trial period of ADNOC Flex which shows customers are embracing the new choice of fueling services. Twenty service stations in Abu Dhabi began a free trial period last Wednesday, where a Premium Service and a Self-Serve option is offered, while ...

  Read More »
• 23 April

  UAE-India strategic partnership to focus on skills development, labour

  

  Dubai / WAM The governments of the UAE and India on Monday announced the launch of a new strategic partnership focused on skills development and mutual recognition of qualifications. The partnership was launched at a forum in Dubai, organised by the Federation of Indian Chambers of Commerce and Industry (FICCI), supported by the UAE’s Ministry of Human Resources and Emiratisation ...

  Read More »
• 23 April

  ADNEC to organise regional leadership education event

  Abu Dhabi / WAM The Abu Dhabi National Exhibitions Company (ADNEC), will host the BETT MEA Leadership Summit, region’s leading gathering of senior education leaders and international experts, at the Abu Dhabi National Exhibition Centre from April 23-24. Held under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, BETT MEA will ...

  Read More »
• 23 April

  5 products recalled in Abu Dhabi

  Abu Dhabi / WAM Abu Dhabi Quality and Conformity Council (QCC), announced the Q1 inspection results for products, measurement scales and pre-packaged products in Abu Dhabi markets, from January 1 to March 31. During the ongoing inspections carried out by the council’s market surveillance team, 18,672 samples of various products being traded were inspected, including toys, electrical appliances, tires and ...

  Read More »
• 23 April

  Hyperloop may transit passengers between Dubai airports in six minutes

  

  Dubai / WAM Innovative Hyperloop connections could reduce travel times between Dubai International Airport (DXB) and Al Maktoum International Airport (DWC) by around 34 minutes at some stage in the future, according to expert panelists speaking on Arabian Travel Market’s Global Stage. Providing a lightening-speed Hyperloop transit system would allow airport passengers to travel between both airports in as little ...

  Read More »
• 23 April

  Libya says yet to approve Total’s $450mn deal for Marathon assets

  

  Bloomberg French oil giant Total SA said last month it had acquired Marathon Oil Corp.’s assets in Libya in a $450 million deal. Not so fast, says the country’s state energy company. Libya’s National Oil Corp. hasn’t yet approved the transaction and is “discussing arrangements” for the proposed sale with the country’s presidency council, Chairman Mustafa Sanalla said on Monday. ...

  Read More »
• 23 April

  China targets 100% clean power for new economic zone

  Bloomberg China aims to supply a new economic zone being built near Beijing, known as the Xiongan New Area, with 100 percent clean electricity, according to the Xinhua News Agency. The goal is part of an ambitious plan by President Xi Jinping to remake a backwater region into a glittering new technology and innovation hub. Electricity will account for more ...

  Read More »
• 23 April

  Jordan eyes first power storage project

  Bloomberg Jordan is pressing ahead with its first electricity storage project to bolster its expansion in solar and wind generation. The Middle Eastern kingdom expects to sign a contract for a 30-megawatt battery in the third quarter, according to Energy and Mineral Resources Minister Saleh Al Kharabsheh. The project, which was tendered last year, will help ensure the country has ...

  Read More »
• 23 April

  Ukraine leads agenda as G-7 ministers gather sans Pompeo

  

  Bloomberg The latest Group of Seven (G7) meetings have begun with a focus on Russia’s actions in Ukraine, an issue Canada’s foreign minister knows well. Chrystia Freeland, a lawmaker of Ukrainian descent who is banned from Russia, kicked off the meeting of foreign ministers by hosting them for brunch — waffles, eggs, a cake, served by her children in her ...

  Read More »