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  Abu Dhabi / WAM In line with its core mandate to help solve some of the world’s most pressing challenges, Aspire, the technology programme management arm of Abu Dhabi’s Advanced Technology Research Council (ATRC), is funding three Virtual Research Institutes (VRIs) in Abu Dhabi Universities. The cumulative AED200 million+ funding across five years, marks a significant investment in research ...

  DUBAI / WAM Dubai Insurance Company (DIN) has announced the successful recruitment of 57 new local professionals who have joined their growing team of experts as of December 2021. The new comers include 3 managers, 11 administrative supervisors, 32 legal researchers, 1 computer programmer and 10 customer service agents, bringing the total number of locals to 82 employees. Commenting ...

  Dubai / WAM DMCC, a free zone and Government of Dubai Authority on commodities trade and enterprise, has announced the completion of a range of enhancements made to Jumeirah Lakes Towers (JLT) throughout 2021 and further upgrades in 2022 to augment the district and improve the public areas across the community. Projects include improved infrastructure by constructing a new ...

  Bloomberg High seaborne prices for coal will push India to lift domestic supplies and accelerate efforts to curb imports, according to a top government official. The country’s miners, including state-run Coal India Ltd., are preparing to meet the entire coal demand from grid-connected power plants in the fiscal year starting in April, federal Coal Secretary Anil Kumar Jain said ...

  There’s a strong case for getting vaccinated (and boosted) against Covid-19. The problem for President Joe Biden is that the case for getting vaccinated amounts to an argument against his attempt to make vaccination mandatory for employees of large companies. In the course of arguing against the mandate in front of the US Supreme Court last week, Benjamin Flowers, ...

Director Adam McKay’s climate satire “Don’t Look Up” isn’t exactly subtle. The hair is big, the parody obvious, the targets as plentiful as the star-studded cast competing for space — and the planet is about to explode. The whole enterprise is a monument to anger and frustration, which may explain why environmental scientists have warmed to the film more than ...

  Ouch. A record high of 5% for euro area inflation in December will cause a few red faces at the European Central Bank (ECB), which had been hoping that 2021 had already seen the peak. It was only a 0.1% uptick from the prior month. But the average of a wide range of forecasts was for 4.8%. So it ...

  Bonds have been as close to a sure thing as there is in financial markets over the past four decades. Since 1982, the Bloomberg US Aggregate Bond Index has only had four down years, and never back-to-back. Yet, after falling 1.54% last year, the benchmark is already down 1.62% in just the first few days of 2022. Might this ...

  Bloomberg US aviation regulators say they’ve made progress reducing the risk of flight disruptions from new 5G service that’s set to start January 19, but are still releasing scores of potential limitations across the country. The Federal Aviation Administration expects to provide information soon on what percentage of aircraft will be subject to the restrictions, the agency said in ...

  Bloomberg Singapore Airlines Ltd became the first carrier to tap the debt market for dollars in 2022, raising funds at a discount to peers thanks to its government backing. The flag carrier sold $600 million of seven-year bonds to yield 3.493%. That’s nearly a percentage point lower than the average yield at issuance for global airline notes sold in ...