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  Abu Dhabi / WAM Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, will be held from January 15-19, 2022. As the first major sustainability event taking place after COP26, ADSW 2022 will bring together the global community across high-level events, with participants including heads of state, policy makers, industry specialists, technology pioneers ...

  Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), the Mother of the Nation, was named the most influential figure in women’s rights in 2021 by the Arab Council for Social Responsibility (ACSR). The ...

  Abu Dhabi / WAM Adnoc Distribution, the UAE’s largest fuel and convenience retailer, further demonstrates its commitment to its growth strategy by establishing an exclusive partnership with Cars Taxi. The five-year deal sees Adnoc Distribution as only supplier of fuel and lubricants for Cars Taxi’s 3,000-plus strong fleet in UAE. The contract will supply all Cars Taxi vehicles with ...

    Dubai / WAM Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy, has announced that Dubai reduced its carbon emissions by 33% in 2020, exceeding the target of the Dubai Carbon Abatement Strategy 2021 by more than double. The Dubai Carbon Abatement Strategy aims to reduce carbon emissions by 16% by 2021. This new ...

  Bloomberg Group of Seven (G-7) governments are converging around a warning to Russia that President Vladimir Putin will face severe costs if he sends troops into Ukraine, a senior US official said. Discussions at a weekend meeting of G-7 foreign ministers in Liverpool, England, have been in line with President Joe Biden’s public stance towards the threat of a ...

    Bloomberg UK business groups called for government support after Prime Minister Boris Johnson announced restrictions to curb the spread of the omicron variant, which Bloomberg Economics estimates could cost the economy as much as 2 billion pounds ($2.6 billion) a month. In remarks following Johnson’s televised address to the nation, business groups said the measures, which include advice ...

  Bloomberg Spanish inflation accelerated to the fastest in nearly three decades in November on rising food prices, underscoring the lingering consequences of supply-chain bottlenecks across Europe. Consumer prices jumped 5.6%, national data showed — the highest since September 1992. The European Union-harmonised measure also came in at that level, matching the median forecast in a Bloomberg survey. A national ...

  Bloomberg US consumer prices rises last month at the fastest annual pace in nearly 40 years, underscoring how rapid and persistent inflation is eroding paychecks and increasing pressure on the Federal Reserve to tighten monetary policy. The consumer price index (CPI) climbed 6.8% from November 2020, according to Labour Department data. The widely followed inflation gauge rises 0.8% from ...

Bloomberg General Motors Co plans to build its third US battery plant with partner LG Chem Ltd. in Michigan and will commit its Orion assembly plant to electric vehicles, a person familiar with the matter said. The Detroit automaker has applied for tax abatements for projects in both Orion Township and outside Lansing, Michigan, said the person, who put the ...

Abu Dhabi / WAM Masdar, one of the world’s fastest-growing renewable energy companies, has received the coveted ‘Award of Excellence – Power’ at the S&P Global Platts Global Energy Awards 2021, beating companies from across the entire energy sector and demonstrating its leadership in clean energy. The US-based event is one of the most prestigious for the global energy industry. ...