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Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 317,823 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. As ...

ABU DHABI / WAM AD Ports Group on Saturday announced its financial results for the nine months ended September 30, 2021, reporting revenue growth of 22% year-on-year to AED2.791 billion ($760 million) compared with AED2.295 billion ($625 million) in the same period last year, driven by volume growth, business diversification and new partnerships. Ebitda rises 7% year-on-year to AED1.161 billion ...

Abu Dhabi / WAM The Ministry of Industry and Advanced Technology (MoIAT), in partnership with 17 local and federal entities, on Saturday launched the national guide for measurement of research and development (R&D) expenditures in government sector, as part of the Government Accelerators Program, which aims to enable a knowledge-based economy that preserves national achievements and paves the way for ...

Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), Chairwoman of the Supreme Council for Motherhood and Childhood, Supreme Chairwoman of the Family Development Foundation (FDF), and the “Mother of the Nation” congratulated the 2021 batch of female graduates of the Higher Colleges of Technologies (HCT), whose graduation coincided with the country’s celebration ...

ABU DHABI / WAM Over 30 of the world’s leading energy chief executives will gather in Abu Dhabi on Sunday, to discuss key issues impacting the energy landscape and the outcomes of the UN Climate Change Conference of the Parties (COP26), at the 7th Abu Dhabi CEO Roundtable hosted by the Abu Dhabi National Oil Company (Adnoc). The industry leaders ...

Dubai / Emirates Business The Arabian Gulf Investments Company announced the acquisition of stakes in three strategic companies in Egypt. The acquisition was announced at a signing ceremony organised in Cairo in the presence of Khalifa Saif Al Muhairbi, Chairman of the Board of Directors of the Arabian Gulf Investments Company, and Engineer Abdeen Ibrahim Arida, Chairman of the Board ...

Beijing’s real estate crackdown has sent shudders well beyond the sector. But US President Joe Biden may have China Inc covered. President Xi Jinping’s efforts to rein in property giants has left industrial companies in the lurch. Real estate accounts for a quarter of China’s economy and a big chunk of the global construction business. No one’s going to be ...

The world may be going crazy over digital currencies, but tiny Singapore is swimming against the tide. The central bank has decided against offering a paperless version of the city-state’s legal tender — at least for now. Not because an electronic version of cash may flop, but because it’ll most likely be a hit. That could have consequences for the ...

The nuclear fusion startup Helion, which announced that it has raised $500 million, says it has developed new technologies that may make nuclear fusion viable — practically, economically and environmentally. It is too early to tell if its claims will pan out, but there have been so many breakthroughs lately that they cannot be dismissed. The possibility of carbon-free energy ...

Up to World War II, the history of Alsace region along the Rhine used to be an example of everything that was wrong with Europe. Then it became a case study in everything that could go right in Europe — and potentially the world. Are we forgetting the Alsatian lesson and going back to the bad old world? That Alsatian ...