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ABU DHABI / WAM The UAE’s Mars Mission, Hope Probe, will write a glorious chapter in the Arab history of space exploration, and enhance the UAE’s contributions to the global space endeavours, a top Chinese diplomat told Emirates News Agency (WAM) on Monday. “Being the first Arab state to embark on Mars mission demonstrates the UAE’s significant progress in space ...

Dubai / WAM The Dubai Chamber of Commerce and Industry announced the launch of a task force under its Sustainability Network, which will address the issue of late payments to subcontractors and suppliers. The Task Force on Prompt Payment Practices for Subcontractors and Suppliers, joined by member companies representing a wide variety of economic sectors will explore the root causes ...

Bloomberg The European Union’s most coal-reliant country has a controversial new strategy for its 400 billion-euro ($456 billion) green push: bulk up the Polish state oil company and let it lead the transformation. Poland announced plans to build an energy champion with the financial heft to drive the overhaul by combining refiner PKN Orlen SA and gas group PGNiG SA. ...

Bloomberg The UK is about to test the risks of a wider confrontation with China that’s been a long time coming. The next act is playing out when Foreign Secretary Dominic Raab addresses Parliament. The top diplomat has dropped a heavy hint the UK will suspend its extradition treaty with Hong Kong, a former colony it handed back to China ...

Abu Dhabi / WAM The Abu Dhabi National Energy Company (Taqa) announced on Sunday that its subsidiary, Abu Dhabi Distribution Company (ADDC) awarded projects worth up to AED 900 million ($245.03 million) to expand the company’s recycled water distribution programme. “The two new projects will upon completion have a combined capacity to transmit approximately 85 million imperial gallons per day (MIGD) of ...

Abu Dhabi / WAM Khalifa Fund for Enterprise Development and Elite Agro, a leading UAE-based food and agricultural investment organisation, on Sunday announced the signing of a two-year Memorandum of Understanding (MoU). The MoU between the two respective parties has been developed to manage and operate a number of protected farms that fall under the umbrella of Khalifa Fund, with ...

Dubai / WAM Dubai has launched a compliance programme to certify and recognise hotels and retail establishments, F&B outlets and attractions that have implemented all public health protocols for the prevention and management of Covid-19. The initiative is part of efforts to showcase Dubai as one of the world’s safest destinations as it continues to receive tourists following the city’s ...

Dubai / WAM Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, continued to drive the future of finance during the first half of 2020. The centre made progress on its 2024 strategic priorities and achieved a record number of registrations in the first six months of 2020. These ...

Bloomberg Eskom Holdings SOC Ltd’s own mishandling of a repair contract led to the closure of its Camden power plant, a move that worsened power cuts by South Africa’s near-monopoly electricity provider, the company said. In its first detailed explanation of the shutdown, Eskom said the initial 635 million rand ($38 million) contract expired in 2018 amid questions about conflicts ...

Bloomberg Russia’s ambassador to the UK, Andrei Kelin, rejected allegations that hackers linked to the country’s intelligence services targeted British coronavirus vaccine research, and accused Britain of cyber-attacks against Russia. Britain’s National Cyber Security Centre said that vaccine and therapeutic sectors in multiple countries have been targeted by a group known as APT29, which it said is “almost certainly” part ...