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Abu Dhabi / WAM The Emirates Red Crescent (ERC), announced the launch of new development aid projects in the Philippines, with a focus on the education and water aid sectors. An ERC delegation, led by Hamoud Abdullah Al Junaibi, Deputy Secretary-General of the ERC Marketing and Donations Collection Division, inaugurated the “Attaya School” in Manila, which has eight classrooms for 500 ...

New York / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, underlined the central importance of starting “the new decade by protecting the future of our region and the world … and continue to fight terrorist groups and extremist ideologies.” HH Sheikh Abdullah made the statements while delivering the UAE’s statement before ...

Dubai / WAM The Sharjah Chamber of Commerce and Industry (SCCI), recently signed a Memorandum of Understanding (MoU) with Gyeonggi Business and Science Accelerator, South Korea, to improve cooperation between the two sides and establish partnerships for the benefit of businessmen and the economic sector in the emirate of Sharjah and Gyeonggi-do Province. The agreement is also aimed at strengthening the exchange ...

Dubai / WAM Hazza Al Mansoori, the first Emirati astronaut, has shared a series of photos with the team at the Mohammed bin Rashid Space Centre (MBRSC), conducting an experiment on bone status indexes, body composition, and endocrine regulation in astronauts. This experiment on Osteology is conducted in cooperation with the Russian Space Agency Roscosmos. The pictures show Al Mansoori and ...

Abu Dhabi / WAM The Abu Dhabi Digital Authority (ADDA), announced the launch of its “Digital Stars” programme to employ 20 young nationals by the end of this year. The selected applicants will rotate throughout the organisation to ensure they receive the necessary exposure on all facets of the ADDA. Additionally, they will be partnered with a dedicated senior specialist ...

Bloomberg The natural gas boom is killing America’s nuclear industry. Wind and solar may finish the job. While nuclear plants struggle to compete with the flood of cheap gas coming from the nation’s shale fields, they still offer a key advantage, supporters say: They generate 24-hour electricity without producing carbon emissions. Renewables, meanwhile, haven’t yet nailed down the storage capacity ...

Bloomberg South Africa raised prices on gasoline and diesel prices for October, blaming the attack on Saudi Arabia’s crude oil infrastructure for the increase. “Had it not been for the stronger rand during this period, the impact of the attacks on Saudi facilities on prices would have been more severe,” Gwede Mantashe, the minister responsible for mining and energy, said ...

Bloomberg The Federal Reserve’s new round of interest-rate reductions just might be working. At least, that’s what one obscure, but key, stock market indicator suggests. For the first time since 2016, companies with fragile balance sheets are outperforming their sturdier peers and the broad market, a pair of Goldman Sachs indexes show. That’s a clear sign that the rate cuts ...

Bloomberg Bitcoin’s 20 percent drop was likely fuelled by the effect of Intercontinental Exchange Inc’s (ICE) new futures contracts and an unwinding of long positions, according to JPMorgan Chase & Co. The cryptocurrency’s plunge, its biggest in a week since last November, took it from around $10,000 to a close of $8,061. Though the strategists led by Nikolaos Panigirtzoglou were ...

ABU DHABI / WAM In collaboration with Abu Dhabi’s Department of Transport (DoT), and Abu Dhabi Ship Building Company, the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), participated in the Monaco Yacht Show for the first time this weekend. The event is considered to be Europe’s largest in-water display of yachts. DCT Abu Dhabi sponsored the ...