May, 2017

• 6 May

  Pakistan-Emirati Military Hospital opens in Rawalpindi

  

    RAWALPINDI / WAM In keeping with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, the 2nd phase ...

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• 6 May

  DABS dispatches second relief convoy to Somalia

    DUBAI / WAM Dar Al Ber Society (DABS) dispatched its second relief convoy to drought and famine-hit Somalia. Unlike the first campaign that was mostly focusing on securing necessary foodstuff assistance, a medical team has been sent to run a field hospital as part of the second convoy, which also included a number of experts to work on a ...

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• 6 May

  Ismail Ali Abdulla is new CEO of Strata

  

    ABU DHABI / WAM Strata Manufacturing PJSC (Strata), the advanced composite aero-structures manufacturing facility wholly owned by Mubadala Investment Company, on Saturday announced that Ismail Abdulla has been appointed as Chief Executive Officer, effective immediately. Ismail Abdulla served as Deputy CEO, and replaces Badr Al Olama, as CEO of Strata who has been in the role since 2012. Al-Olama ...

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• 6 May

  DEWA grants wishes of non-supervisory staff

  

    DUBAI / WAM Dubai Electricity and Water Authority (DEWA) has organised a campaign to grant the wishes of its staff in non-supervisory positions, as part of its efforts to support the Year of Giving initiative. DEWA granted the wishes of 30 employees in grades 8 and below. Their wishes included laptops, iPhones, appliances, home furniture, shopping vouchers, and gifts for ...

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• 6 May

  Searching for easy ways to raise productivity

  

    On Valentine’s Day, economist Kevin Grier quipped: “Roses are red. Pin one on your suit. America has eaten all the low-hanging fruit.” That pithy assertion is one of the most frightening propositions in the world today. There might be a way for a modern society to function without economic growth. But we don’t want to have to be the ...

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• 6 May

  Alitalia should fly on its own or be grounded

  

    Given its rich history, Italy is rightly attached to its relics. Unfortunately, this affection for the past does not stop at the Colosseum: It applies to failing companies too. Take Alitalia, Italy’s loss-making flag carrier, which has survived for years thanks to a string of public and private rescues. On Tuesday, the airline went into administration, prompting the government ...

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• 6 May

  Tesla desperately needs a crossover hit

  

    When Tesla Inc. chief executive officer Elon Musk was asked if his burgeoning collection of startup companies might lead him to step away from the electric automaker, he said he’d stick around as long as he could “positively contribute” to its success. “The most valuable thing I could contribute is product design and technology,” he told analysts on the ...

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• 6 May

  Trump delay stalls $50mn energy projects

  

    Bloomberg By the time Midwesterners fire up their furnaces this fall, the $2 billion Nexus pipeline is supposed to be pumping natural gas to heat homes from frosty Ohio to frostier Ontario. But six months out, the 255-mile (410-kilometer) pipeline exists only on paper. Until President Donald Trump fills key vacancies at an energy regulator, Nexus and other sprawling ...

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• 6 May

  Energy Transfer spills through Ohio on rise

  

    Bloomberg The number of spills tied to a natural gas pipeline that Energy Transfer Partners LP is building through Ohio is mounting. And so is the tension between the Dallas-based pipeline giant and state regulators. Last month, the company reported two spills that sent almost 50,000 barrels of drilling fluids flowing into Ohio wetlands while working to install its ...

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• 6 May

  Iran to go along with OPEC decision on extending cuts

    Bloomberg Iran will go along with whatever decision OPEC makes at its meeting later this month on whether to extend oil production cuts beyond June, Oil Minister Bijan Namdar Zanganeh said. “All indications are that the members want a renewal of the deal and we will go along with what they agree upon,” Zanganeh said on Saturday on the ...

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