Masonry Layout

Bloomberg Wind and solar energy doubled its share of the global power mix over the last five years, moving the world closer to a path that would limit the worst effects of global warming. The sources of renewable energy made up nearly 10% of power in most parts of the world in the first half of this year, according to ...

Bloomberg President Donald Trump has ordered the Chinese owner of the popular music video app TikTok to sell its US assets, citing national security concerns and delivering the latest salvo in his standoff with Beijing. Trump’s decision came after an investigation by the Committee on Foreign Investment in the US, which reviews acquisitions of American businesses by overseas investors for ...

Abu Dhabi / WAM Leading experts and economists participating in an e-symposium here on Wednesday highlighted the various growth challenges and risks of depression facing the global economy. Addressing the concluding symposium – The Future of Global Economy: Growth Challenges and Risks of Depression – as part of the TRENDS Global Economic E-Forum, they tackled the future of the global ...

DUBAI / WAM Dubai Land Department (DLD), in cooperation with Property Finder, launched the fourth edition of Mo’asher, Dubai’s official sales price index. The base year for Mo’asher is 2012 and the base month for the monthly index is January 2012, with the base quarter for the quarterly index being Q1 2012. A strong momentum in June laid the foundation ...

Abu Dhabi / WAM The Federal Tax Authority (FTA) clarified via a guide that Value Added Tax (VAT) is applied on e-commerce services (also known as “electronic commerce”, sometimes referred to as the “digital economy”) upon their actual use or enjoyment in the UAE. Users should note that although many of the general rules of VAT apply to e-commerce, there ...

Bloomberg Brookfield Asset Management Inc’s infrastructure arm is in talks to acquire Blackstone Group Inc’s minority stake in liquefied natural gas terminal operator Cheniere Energy Partners LP, according to people familiar with the matter. The alternative asset manager is working with a partner to acquire Blackstone’s interest, said the people, who asked to not be identified because the matter isn’t ...

Bloomberg European Union foreign ministers will hold a special meeting to discuss the unstable situation in Belarus, with some floating renewed sanctions from the bloc. The EU “lifted sanctions against Belarus because the country had taken steps in the right direction,” German Foreign Minster Heiko Maas said in Moscow. “But now we in the European Union need to discuss very ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, inaugurated the Mohammed bin Rashid Medical Research Institute, the UAE’s first independent biomedical research centre on Tuesday. Deputy Ruler of Dubai HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum; Chairperson of the Board of Trustees of ...

Abu Dhabi / WAM Etihad Guest, the award-winning loyalty programme of Etihad Airways, together with Adnoc Distribution, have expanded their partnership to bring greater reward benefits to members through a reciprocal agreement. “This partnership is an extension of the decades-long relationship between Etihad Airways and Adnoc Distribution, and the first partnership allowing members of both loyalty programmes to convert reward ...

New York / WAM The United Arab Emirates has reiterated its support for the people of Lebanon during a virtual briefing on the humanitarian situation in the country in the wake of the tragic Beirut explosion on August 4. “Our hearts go out to the people of Lebanon,” said Amiera Alhefeiti, Deputy Permanent Representative and Charge d’Affaires of the UAE ...