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ABU DHABI / WAM National Central Cooling Company (Tabreed) has announced the launch of four pilot projects, all part of Tabreed’s R&D funding commitment, which reinforces the company’s unwavering stewardship towards sustainability beyond just environmental benefits. Commenting on the announcement, Bader Saeed Al Lamki, Tabreed’s Chief Executive Officer, said, “Innovation, research and development is a very important pillar in our ...

Abu Dhabi / WAM Abu Dhabi Commercial Bank PJSC (ADCB) has signed an agreement to acquire a portfolio of approximately 1,000 mortgages from Abu Dhabi Finance PJSC (ADF). The transaction provides further growth for ADCB’s retail and SME businesses in line with the bank’s UAE-centric strategy and prudent risk management framework. ADF was established in 2008 as an Abu Dhabi-focused ...

Abu Dhabi / WAM Many Palestinians have commended the UAE’s move to provide the coronavirus vaccine to the Gaza Strip, in light of the long-imposed blockade that hinder the delivery of Covid-19 vaccines into the Strip. In a statement to the Emirates News Agency (WAM), Palestinian human rights activist Khalil Abu Shamala said that Gaza Strip is witnessing a deterioration ...

ABU DHABI / WAM Statistics Centre – Abu Dhabi (SCAD) and Khalifa University of Science and Technology announced on Sunday the signing of a Memorandum of Understanding for statistical cooperation and the exchange of data. This partnership seeks to enhance collaboration, integration and sharing of knowledge and expertise in the fields of statistics, data and Artificial Intelligence (AI) technology. Through ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 226,139 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Sunday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out necessary treatment. ...

ABU DHABI / WAM Emirates Steel announced its plans to add Hot Rolled Coils (HRC) to its wide-range products portfolio so that it can mainly meet the needs of the local and regional markets of the high-quality flat products. Emirates Steel is currently conducting a comprehensive evaluation for the project to construct the fully automated first-of-its-kind HRC plant in Mena ...

ABU DHABI / WAM National Central Cooling Company (Tabreed) announced the launch of four pilot projects, all part of Tabreed’s R&D funding commitment, which reinforces the company’s unwavering stewardship towards sustainability beyond just environmental benefits. This will also contribute to an improvement in Tabreed’s operational efficiency while enhancing district cooling plant life and reliability, with the funding expected to contribute ...

“The vaccine works. It is safe, effective, and potent.” In 1955, those were the words that told the world US scientist Jonas Salk’s polio shot was a success. It was news greeted with popular jubilation, ringing church bells and boldface banner headlines. The sort of heartfelt relief that most of us can readily identify with, more than a year into ...

Comfy shoes have never been so hot. L Catterton, the private equity fund backed by LVMH Moet Hennessy Louis Vuitton SE founder Bernard Arnault, is nearing an agreement to buy a majority stake in Birkenstock, maker of the famously clumpy sandals, for about 4 billion euros ($4.9 billion), Bloomberg News reported. This would be the second shoe to drop in ...

“All that’s required is the passage of time, an inner calm,” began a sentence in Warren Buffett’s annual letter to his followers. He was talking about the essentials of investing in a farm or business, but it felt like a metaphor for the collectively lonely and despairing moment that the world found itself in during the past year. With his ...