Bloomberg Oil prices, already up around 20% this year, could be boosted by China potentially replenishing its inventories and financial investors increasing their long positions, according to Vitol Group. The world’s biggest independent oil trader said there’s a chance China looks to build up stockpiles following the Lunar New Year holiday. “I think it’s fair to state China is ...
Read More »Sewa to increase output of its desalination plant
Sharjah / WAM The Sharjah Electricity, Water and Gas Authority (Sewa) has revealed the start of implementing a plan to increase the production of desalinated water in Sharjah by establishing a new desalination plant in Al Hamriyah to produce 90 million gallons per day, as part of the authority’s strategy to sustain water and provide it for development projects ...
Read More »Seventh int’l date palm conference to open in March
Abu Dhabi / WAM Under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the 7th International Date Palm Conference will be held at Emirates Palace Hotel, in Abu Dhabi, from March 14-16, with 475 international researchers, and experts, from 42 countries. On this occasion, Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, ...
Read More »Belgium’s King Philippe hails ‘impressive’ Expo 2020 Dubai
Dubai / WAM Belgium celebrated its National Day at Expo 2020 Dubai with a visit by King Phillippe Leopold Louis Marie, as well as a stunning parade and exciting musical performances that showcased the country’s creativity. King Phillippe and Queen Mathilde, accompanied by Pierre-Yves Dermagne, Deputy Prime Minister and Minister of the Economy and Employment; and Sophie Wilmès, Deputy ...
Read More »Abu Dhabi approves new rules under civil marriage, divorce law for foreigners
Abu Dhabi / WAM HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs, and Chairman of the Abu Dhabi Judicial Department (ADJD), issued Decision No. 8 of 2022 approving the Regulations for the implementation of the Civil Marriage and Divorce Law No. 14 of 2020 in the Emirate of Abu Dhabi. Youssef Saeed Al ...
Read More »Dubai Customs scores 91.8% on customer happiness index
Dubai / WAM Business and trade groups in Dubai highly applauded the vital role Dubai Customs plays in stimulating business and supporting trade through its innovative and smart services, which follow the highest international standards. In a virtual ceremony organised by Dubai Customs to celebrate winning the second place on the Dubai Government Customer Happiness Index 2021, representatives of ...
Read More »UAE sees total 784,650 recoveries from Covid-19
ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 502,390 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. ...
Read More »Sharjah Digital Office platform records 7,271 deals
SHARJAH / WAM The Sharjah Digital Office (SDO) has revealed that its Digital Sharjah platform recorded 128,000 visits to its website and smart app and completed 7,271 transactions since its debut in November last year. The Digital Sharjah website and smart app was launched as a one-stop digital user interface that seamlessly integrates a portfolio of 41 essential public ...
Read More »Energy firms defend net-zero after report of UK wavering
Bloomberg Companies are defending Britain’s net-zero plans as the best way to resolve the energy crisis in the long term, after a report that close advisers to the prime minister are warning that a rethink of the policy is needed. Chief executives of SSE Plc and the UK arm of Siemens AG said that a faster pivot toward renewables ...
Read More »US close to finalising tariff exemption for Japan steel imports
Bloomberg The US and Japan are close to an agreement that would partially remove tariffs imposed on Japanese steel imports in 2018, Kyodo reported without saying where it got the information. The two countries haven’t finalised the size of a tariff-free import quota and some other details, Kyodo reported, citing anonymous sources. Japan has been calling for a complete ...
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