Abu Dhabi / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, has extended his warmest greetings to President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed ...
Read More »Abu Dhabi Art 2021 to feature 50 local, int’l galleries
ABU DHABI / WAM Abu Dhabi Art announced the lineup of 50 local, regional, and international galleries participating in the fair’s 13th edition. Artworks from 19 countries will be presented by 14 new galleries and 36 returning galleries, convening at Manarat Al Saadiyat in Abu Dhabi from November 17-21. Dyala Nusseibeh, Director, Abu Dhabi Art, said, “We are delighted to ...
Read More »This Emirati has a passion for rare sports, classic cars
Abu Dhabi / Emirates Business Bader Mohammed is an Emirati gentleman with a passion for acquiring rare sports and classic cars. He has expressed his interest to acquire classic and sports cars, as a result of his passion and interest in assembling, using and riding them, explaining that although he loves this hobby, it is very expensive. Bader serves as ...
Read More »Covid-19: Abu Dhabi to facilitate new AstraZeneca anti-body medication
Abu Dhabi / WAM Department of Health – Abu Dhabi, the regulator of the healthcare sector in the emirate, in collaboration with Rafed, the UAE’s primary group purchasing organisation (GPO) for the supply chain of essential medical equipment, has announced the procurement of AstraZeneca’s AZD7442 medication. The new medication is specifically designed to prevent severe infection and death in non-vaccinated ...
Read More »Dubai’s Nakheel redevelops historical ‘Jebel Ali Village’
Dubai / WAM Nakheel on Wednesday launched the new “Jebel Ali Village”, a redevelopment of one of the most treasured areas of Dubai into an upscale residential community. Jebel Ali Village will be transformed into a gated, hillside collection of luxury villas set among lush green spaces. The first phase of four and five bedroom villas is on sale from ...
Read More »Zuckerberg takes a page from Elon Musk’s book
It seems to be a rite of passage that as technology billionaires get older, they spend more time chasing dreams they might have fantasized about as kids. There’s Elon Musk and Jeff Bezos with their rockets, and now Mark Zuckerberg, aged 37, with his plans to build an alternate digital reality known as the metaverse. Last week, Zuckerberg announced that ...
Read More »Shell mulls making renewable jet fuel at new Swedish facility
Bloomberg The Royal Dutch Shell Plc is looking into developing a production site next to a Swedish nuclear power plant to make synthetic sustainable jet fuel for Scandinavian airline SAS AB. Together with plant operator Vattenfall AB and synthetic fuel maker LanzaTech Inc, the companies agreed to investigate starting a facility that could provide SAS with a quarter of its ...
Read More »Shoppers haven’t minded higher prices
Dear shopper, how are you doing? Wall Street is dying to know. Investors and market strategists are poring over a spate of economic data and commentary from corporate earnings calls, trying to determine how people feel about spending money in these strange times. Some investors are worried and some are jubilant, and there are data to support both perspectives. Yet ...
Read More »The sooner BOE hikes rates, sooner it can stop
Does it matter if the Bank of England’s (BOE) Monetary Policy Committee (MPC) decides to hike its rate this Thursday? Or if it instead waits for more data on the labor market and raise instead at the December 16 meeting? Not so much. But it really does matter what the MPC does after that. It won’t do anything for the ...
Read More »To fight climate change, put markets to work
The battle over climate change is putting an old maxim to the test: Where there’s a will, there’s a way. The COP26 climate summit in Glasgow offers reasons to hope it will be proven correct, particularly on a challenge at the heart of the issue: financing the global transition to clean energy. There is no longer any doubt about the ...
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