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Dubai Chambers joins Dubai Can sustainability initiative

Dubai / WAM Dubai Chambers has announced its participation in the Dubai Can sustainability initiative by launching a special campaign for its employees to reduce the use of single-use plastic water bottles at the organisation’s headquarters. The announcement was made during a staff gathering event hosted by the chamber. It was attended by Yousuf Lootah, Executive Director, Tourism Development & ...

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US’ solar-panel makers scorn ‘pittance’ of aid in Biden plan

  Bloomberg President Joe Biden’s plan to kick-start domestic solar-panel manufacturing depends for now on a federal fund with less than a half billion dollars that’s already being tapped to pay for products including military drones and baby formula. That funding—even if fully dedicated to solar production—would only be enough to open a few factories capable of cranking out a ...

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Defense chiefs of US, China tout progress despite Taiwan row

  Bloomberg US and Chinese defense officials said they planned further talks after Defense Secretary Lloyd Austin and his counterpart sparred over Taiwan and other regional security issues for almost an hour. Both sides emerged from the first in-person encounter between Austin and Chinese Defense Minister Wei Fenghe in Singapore citing plans for additional discussions. A Chinese military spokesman described ...

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UAE President, Israeli PM discuss cooperation paths

Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan received on Thursday Prime Minister of Israel Naftali Bennett at Al Shati Palace. At the start of the meeting, His Highness Sheikh Mohamed bin Zayed welcomed Bennett who offered his condolences to him and the Emirati people on passing of Sheikh Khalifa bin Zayed Al Nahyan. He ...

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Dubai’s Tecom group offers 625 million shares on DFM

  Dubai / WAM Tecom group, a member of the Dubai Holding group, on Thursday announced its intention to proceed with an initial public offering (IPO) and to list its ordinary shares for trading on the Dubai Financial Market (DFM). Tecom is the owner, manager and operator of 10 strategic, sector-focused business districts across Dubai and a major contributor to ...

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UAE prioritises food security in its development plans: ICBA

  Dubai / WAM Dr. Tarifa A. Alzaabi, Acting Director General of the International Centre for Biosaline Agriculture (ICBA), said the UAE is prioritising food security in its development plans and aims to utilise the latest technologies to increase production and address related challenges. She then expressed her appreciation for the visit of President His Highness Sheikh Mohamed bin Zayed ...

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UAE has become a globally trusted energy supplier: Al Mazrouei

  Amman / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said that the UAE, under the directives of its wise leadership, is continuing its pioneering efforts to forecast the future of the energy sector, in cooperation with its global partners, and has become a globally trusted energy supplier. He made this statement during his participation as ...

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Zelenskiy urges unity in renewed push for arms

Bloomberg Ukrainian President Volodymyr Zelenskiy urged global leaders to revive the unity they showed during the pandemic and coordinate efforts to deter Vladimir Putin. “Weapons and sanctions are also a vaccine against Covid-22, which was brought by Russia,” Zelenskiy told a TIME100 Gala event via video-link. Fighting continued in the east of Ukraine, where Russian forces are pushing to capture ...

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Chinese military jet crashes into houses; kills one, injures two

  Bloomberg A military jet crashed in central China, killing one local resident and injuring two, according to the state broadcaster. The pilot ejected, but the crash caused an explosion near the airport of Laohekou, in Xiangyang city in China’s central Hubei province, the Xinhua news agency reported. Some houses near the crash site were severely damaged and set on ...

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France’s Macron aims to enact pension reform by mid-2023

Bloomberg President Emmanuel Macron aims to reform France’s pension system by the summer of 2023, he told French news outlets in his first extended interview since his re-election in April. The reform, which initially aimed to lift the retirement age from 62 to 65, is essential to financing Emmanuel Macron’s larger ambitions for his second five-year term. He discussed those ...

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