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  Bloomberg The European Union (EU) is planning to allow some natural-gas and nuclear energy projects to be classified as sustainable investments in a proposal that sparked immediate criticism from the Greens. The European Commission wants to give a temporary green label to gas projects that replace coal and emit no more than 270 grams of carbon dioxide equivalent per kilowatt-hour, ...

  Bloomberg Kim Jong un urged North Korea to focus on easing food shortages and containing Covid, in a downbeat New Year’s policy assessment that suggested nuclear talks with the US were a low priority for the coming months. Kim laid out his 2022 agenda in remarks to ruling party cadres that were published by state media and appeared to ...

  ABU DHABI / WAM Masdar, one of the world’s leading renewable energy companies, has signed an agreement with the Georgian Energy Development Fund (GEDF) to develop a solar photovoltaic (PV) power project in the country, with a capacity of as much as 100 megawatts (MW). The project, which will be jointly developed with the GEDF, will be Georgia’s largest ...

  Abu Dhabi / WAM AD Ports Group has announced the signing of an agreement with China-based Shandong Port Group, to establish a Tyre Hub at Kizad for the storage and distribution of tyres. AD Ports Group will provide space for an upcoming 150,000 sqm facility in Kizad under its Industrial Cities and Free Zone Cluster. This will include warehouse ...

  Abu Dhabi / WAM Emirates Global Aluminium (EGA) on Thursday announced the early, full repayment of the project finance facilities extended by 13 export credit agencies and banks for the development of the company’s Al Taweelah smelter in Abu Dhabi. The project financing was extended to Emirates Aluminium, now an EGA subsidiary, for phase one of the project in ...

  Abu Dhabi / WAM AD Ports Group has announced the signing of an agreement with China-based Shandong Port Group, to establish a Tyre Hub at Kizad for the storage and distribution of tyres. AD Ports Group will provide space for an upcoming 150,000 sqm facility in Kizad under its Industrial Cities and Free Zone Cluster. This will include warehouse ...

  Dubai / Gulf Time As the year draws to a close, a high volume of passengers are expected to surge through Dubai International to meet their travel plans for the New Year celebrations and the holidays season. With nearly 1 million travellers departing and arriving into Dubai, the peak travel period will last through January 10, 2022. In line ...

  Abu Dhabi / WAM The Abu Dhabi Department of Energy (DoE) has issued the ‘2020 Annual Technical Report for Water, Wastewater, and Electricity Sectors in the Emirate of Abu Dhabi’, as part of its role as the regulatory entity tasked with monitoring and enhancing the energy sector’s performance in the emirate. The objective of the report is to enable ...

  Dubai / WAM Dubai Culture and Arts Authority (Dubai Culture) launched a report titled ‘Creative Dubai: Dubai’s Growing Cultural Industries’, which provides a comprehensive overview of Dubai’s cultural sector and charts a roadmap for its growth by proposing a strategy focused on seven enabling factors. The report outlines Dubai’s potential to become a global cultural hub and a pioneer ...

  ABU DHABI / WAM Since the onset of the Covid-19 pandemic, Abu Dhabi has presented an exemplary model for pandemic response, recovery and mitigation. The model saw the emirate topping several lists as it was consistently named among the world’s leading cities in effective pandemic response. The emirate ensured the health and safety of its community by providing treatments ...