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Key funding in airport infra needed, says WEF

GENEVA / WAM Hydrogen and electric aircraft could require 600-1,700 terawatt-hours (TWh) of clean energy by 2050, according to a new white paper from the World Economic Forum (WEF). For context, the total amount of renewable energy produced in 2021 was just over 8,000 TWh globally. To meet the estimated energy demand from hydrogen and electric aircraft in 2050 would ...

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UAE wins 2023 IIHF Ice Hockey World Championship Division II — Group B

ISTANBUL / WAM The UAE men’s national ice hockey team registered a historic victory and was crowned winner of the 2023 IIHF Ice Hockey World Championship Division II — Group B, held in Türkiye. The UAE team defeated Mexico 9-4 in the fifth and final round. The national team players erupted in cheers and sang the national anthem in the ...

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Abu Dhabi Marine Sports Club signs pact for Dalma Historical Race Festival

ABU DHABI / WAM Abu Dhabi Marine Sports Club (ADMSC) has signed an agreement with Abu Dhabi Marine for the sponsorship of the 6th Dalma Historical Race Festival (60FT dhow sailing) organised from April 28 to May 7 on Delma Island. Salem Al-Rumaithi, Director-General of the ADMSC, and Capt Saif Al Mheiri, Managing Director of Abu Dhabi Maritime, signed the ...

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HFZA wraps up participation at India Steel 2023

SHARJAH / WAM The Hamriyah Free Zone Authority (HFZA) in Sharjah has wrapped up three days of successful participation at the International Exhibition and Conference (India Steel 2023), one of the largest and most important steel industry events in the world. The conference, which took place at the Mumbai Exhibition Centre, brought together industry leaders, experts, and stakeholders from around ...

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China’s industrial capacity utilisation rate at 74.3% in Q1

BEIJING / WAM China’s industrial capacity utilisation rate came in at 74.3 percent in Q1 of 2023, down 1.5 percentage points from the same period a year earlier, official data showed, Xinhua News Agency reported. The figure dropped by 1.4 percentage points from the previous quarter, according to the National Bureau of Statistics. Among the three major sectors, the mining ...

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MultiBank Group holds corporate iftar gathering in Dubai

DUBAI / GULF TIME MultiBank Group, the world’s leading financial institution, hosted a corporate iftar in Dubai on April 18, at Dana Ramadan Tent in City Walk. The event hosted over 200 employees and featured speeches by Salem Kattoura, MultiBank Group COO, and Zak Taher, MultiBank io COO, highlighting the company’s achievements, future plans, and recent product launches. In his ...

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Philosophy House publishes philosophy books for kids

DUBAI / GULF TIME Why do we use philosophy with kids? The number of countries that started using philosophy with kids reached around 80 countries. The usage of philosophy with kids is based on a subject (be it games, a video, a paragraph, a children’s story, a question or an issue at hand etc.), and this subject is full of ...

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Dubai Metro carries over two billion riders since inauguration

DUBAI / WAM The Roads and Transport Authority (RTA) on Sunday announced that the number of Dubai Metro riders has surpassed two billion since the metro first opened to the public on September 9, 2009. The metro’s Red Line transported 1.342 billion commuters while the Green Line served 673.531 million commuters. Additionally, the Dubai Metro has maintained a punctuality rate ...

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‘Ramadan Nights 2023’ ends with record-breaking success

SHARJAH / GULF TIME The “Ramadan Nights 2023” has concluded another successful edition at Expo Centre Sharjah, following 17 days of fantastic promotions, heritage events, and family entertainment experiences. The 40th edition of the exhibition set a new record in terms of exhibitor sales and visitor turnout, with more than 100,000 visitors attending the event, a remarkable 100% increase from ...

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UAE makes impressive start at Grand Prix Paris Open 2023

PARIS / WAM The UAE National Jiu-Jitsu Team, sponsored by Mubadala Investment Company, got off to an impressive start on day one of the Grand Prix Paris Open 2023, securing six medals, including two golds, at the event organised by the Jiu-Jitsu International Federation. Khaled Al Shehhi and Omar Al Suwaidi shone for the UAE by winning gold in the ...

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