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Dewa launches new tool to assess electricity, water consumption in Dubai

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has added a Self-Assessment tool for residential customers to easily understand their consumption patterns, as part of Dewa’s Smart Living initiative. The Self-Assessment tool includes a survey on electricity and water consumption for customers to assess their consumption and learn about different ways for conservation. After completing the assessment, customers ...

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Sharjah issues, renews over 17,000 licenses in Q1 2022

SHARJAH / WAM Sharjah Economic Development Department (SEDD) revealed that the first quarter of 2022 witnesses a remarkable growth in the number of issued and renewed licenses. Therefore, the total number of licenses reached 17,059 ones, with a growth rate of 7% over the same period in 2021, by an increase of 1,139 licenses, whereby the issued licenses hit 1979 ...

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Adihex is destination for falconers from worldwide

  ABU DHABI / WAM The audience of Abu Dhabi International Hunting and Equestrian Exhibition (Adihex), particularly tens of thousands of falconers in the region, are attracted annually to visit and see the latest products and equipment that are up to date with the developments of the falconry world, where heritage blends with technology, which is harnessed to serve falconers. ...

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Ukrainian troops risk being encircled in new offensive

Bloomberg Russia has launched what Foreign Minister Sergei Lavrov hailed as a second phase of the war in Ukraine, and early indications are it could go better for Russia than the first. After a ferocious night of artillery bombardment along a 300 mile (482 km) front line in the east, Russian forces took a pocket of territory including the city ...

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Dewa adopts smart grid strategy to keep pace with rapid changes

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) is implementing its updated Smart Grid Strategy 2021-2035, which features a high standard of resilience and agility that keeps pace with development and rapid changes to ensure the continuity of the organisation’s excellence and global leadership. Saeed Mohammed Al Tayer, MD and CEO of Dewa, praised the team’s efforts, which ...

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QMM becomes market maker for Chimera Capital’s ADX-listed ETFs

  Abu Dhabi / WAM Chimera Capital LLC, an Abu-Dhabi-based investment management firm and subsidiary of Chimera Investment LLC, announced that Q Market Makers (QMM) has become a market maker for its four Exchange Traded Funds (ETFs) listed on the Abu Dhabi Securities Exchange (ADX). QMM, part of ADQ, was launched in 2020, and has, over the past 18 months, ...

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WGS report calls for building climate-resilient pathways

  DUBAI / WAM A report published by the World Government Summit Organisation (WGS), in partnership with the consultancy firm PricewaterhouseCoopers (PwC), has warned that the acceleration, complexity, and scale of climate change events will have a devastating impact on global development, stability, and prosperity. The document calls for building climate-resilient pathways to achieve equitable development, while meeting current and ...

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Emissions-heavy steel giant in India plans switch to green debt

  Bloomberg India’s JSW Group, which runs emissions-heavy businesses including steel, cement and energy, plans to switch a majority of its bonds to green instruments as the industrial giant seeks access to longer-term borrowings. Raising debt overseas through green and sustainability-linked bond issues will allow the group led by tycoon Sajjan Jindal to almost double its tenure to 10 years, ...

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Dubai Chambers rebrands, unveils new corporate identity

  Dubai / WAM Dubai Chambers has rebranded and unveiled its new corporate identity reflecting the organisation’s restructuring, which was earlier announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Under the new structure, three chambers of commerce operate under Dubai Chambers, namely Dubai Chamber of Commerce, ...

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