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Macron loses assembly majority in setback to his reform agenda

Bloomberg President Emmanuel Macron made history in the French legislative elections, just not in the way he hoped. The 44-year-old centrist became the first president in decades to fail to garner an absolute majority in parliament, falling short of the 289-seat threshold. His alliance, however, will still remain the largest bloc. That means that while Macron may be able to ...

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EDB to showcase industrial impact at Abu Dhabi forum

  Abu Dhabi / WAM Emirates Development Bank (EDB), will be participating in the first Make it in the Emirates Forum on June 21-22 at Adnoc Business Centre, Abu Dhabi, organised by the Ministry of Industry and Advanced Technology in cooperation with the Abu Dhabi Department of Economic Development (Added). As a key partner in the ministry’s efforts to empower ...

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Hamdan bin Zayed lauds continuous achievements at Barakah nuclear plant

  ABU DHABI / WAM His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, emphasised that the UAE is continuing to enhance its unique model to diversify energy sources and move towards environmentally friendly energy sources, to fulfill its international obligations regarding climate change phenomena, and achieve the objectives of its ambitious strategic initiative for ...

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Benefits of UAE-India free trade deal reviewed

  Dubai / WAM Dubai Customs Consultative Council held its meeting in an atmosphere of optimism regarding growth indicators for various economic sectors in the UAE. The meeting focused on several topics, including the prospects of trade recovery and the multiple economic benefits that will be provided by the historic UAE-India Comprehensive Economic Partnership Agreement (CEPA), which is expected to ...

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Russia war in Ukraine could last for years, says Nato chief

Bloomberg Russia said it hit military targets in Ukraine with sea-launched cruise missiles, including a strike on a planning meeting of Ukrainian commanders. The war in Ukraine “could last for years,” Nato Secretary General Jens Stoltenberg told Germany’s Bild am Sonntag, saying the military alliance “must not let up on supporting” Kyiv. The new head of the British Army said ...

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Worst drought in 70 years in Italy threatens food, power

Bloomberg Italy is in the depths of one of its worst droughts, with the country’s largest river, the Po, hitting its lowest level in 70 years, threatening crops and raising the specter of power outages. While much of Europe has had drier-than-average conditions this year, northern Italy’s Po valley is worst hit, according to the JRC Global Drought Observatory. Several ...

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UAE issues operating licence for Unit 3 at Barakah nuclear plant

  Abu Dhabi / WAM The Federal Authority for Nuclear Regulation (FANR), the UAE’s independent nuclear regulator, on Friday issued the Operating Licence for Unit 3 of the Barakah Nuclear Power Plant to Nawah Energy Company (Nawah), the Emirates Nuclear Energy Corporation’s (Enec) subsidiary responsible for the operation of the nuclear power plant located in the Al Dhafra region of ...

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Emirati firms see 8.9% growth in number of women on board seats

Abu Dhabi / WAM The UAE’s continued efforts to improve gender diversity in the boardroom have led to more women holding board positions this year (8.9 percent), up from 3.5 percent in 2020, according to research undertaken by Aurora50, a social enterprise working towards gender parity in GCC boardrooms, and Mohammed Bin Rashid School of Government. In a first-of-its-kind study ...

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MoIAT, MBZUAI launch training programme on AI industry applications

  ABU DHABI / WAM Industrial leaders in the UAE have participated in the second edition of Industry 4.0 and AI for Industrial Leaders, a professional training programme delivered as part of a collaboration between the Ministry of Industry and Advanced Technology (MoIAT) and Mohamed bin Zayed University of Artificial Intelligence (MBZUAI). The four-day programme is designed to develop knowledge ...

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Louvre Abu Dhabi launches second Richard Mille Art Prize

  Abu Dhabi / WAM To mark the museum’s fifth anniversary, Louvre Abu Dhabi and Swiss watchmaking brand Richard Mille announced the second edition of the Louvre Abu Dhabi Art Here exhibition and the Richard Mille Art Prize, which will call on GCC artists (nationals and residents) working in various media to become part of its universal story. Curated by ...

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