ABU DHABI / WAM Abu Dhabi’s Department of Transport (DoT) organised a workshop to discuss the Abu Dhabi Maritime Plan 2021, with the participation of many of its stakeholders working in the maritime field. The audience discussed the main infrastructure projects that support the plan. The workshop was attended by Abu Dhabi Executive Office, Federal Transport Authority Land and Maritime, ...
Read More »Emirates SkyCargo sees busy summer season
Dubai / Emirates business Emirates SkyCargo, the freight division of Emirates has securely transported a large volume of temperature sensitive pharmaceuticals and perishables through Dubai to other parts of its global network this summer. In total, the air cargo carrier moved over 150,000 tonnes of perishables and 27,000 tonnes of pharmaceuticals through Dubai between the beginning of April and mid-August ...
Read More »UAE ministry wins 2019 Stevie Award
ABU DHABI / WAM The Ministry of State for Federal National Council Affairs (MFNCA) won the silver medal at the 2019 Stevie Awards in the Best Human Resources Department category, beating more than 4,000 government entities from 74 countries around the world. The Stevie Awards are among the most important global accolades, given to a handful of outstanding institutions for ...
Read More »Europe’s leading livestock fair coming to Abu Dhabi
ABU DHABI / WAM The inaugural edition of EuroTier Middle East, a leading trade show for animal husbandry and livestock management, is set to take-off on September 2 with 16 countries participating in the event, including Saudi Arabia, the event’s ‘Guest of Honour’. The event will take place in the nation’s capital, Abu Dhabi, under the patronage of HH Sheikh ...
Read More »BP exiting Alaska with $5.6bn sale to Hilcorp
Bloomberg BP Plc agreed to sell its entire business in Alaska to closely held Hilcorp Energy Co. for $5.6 billion, ending a six-decade presence in the state as oil production there declines. The deal includes BP’s operating stake in Prudhoe Bay, the largest-producing oil field in US history, as well as all its Alaskan pipelines. It makes Hilcorp, the oil ...
Read More »German locomotive takeover gives China low-cost route into Europe
Bloomberg China’s world-leading train maker CRRC has gained control of one-quarter of the European diesel-locomotive market in a single purchase costing less than 10 million euros. The acquisition of the Vossloh AG business provides China Railway Rolling Stock Corp. with a major toehold in a region where rail travel is ousting cars and planes faster than anywhere else. CRRC’s Zhuzhou ...
Read More »Switzerland boosts CO2 reduction target
Bloomberg The Swiss government aims to make the country climate neutral by 2050, stepping up its efforts to cut carbon emissions to fight global warming. Switzerland now plans to reduce its net carbon emissions to zero by 2050 to meet the target of limiting global warming to a maximum of 1.5 degrees Celsius, according to a statement on Wednesday. The ...
Read More »China mulling car-purchase curbs to boost consumption
Bloomberg China rolled out a series of guidelines to encourage consumption, led by support for the flagging auto market. The measures include exploring ways to gradually loosen or remove car-purchase limits and support new-energy vehicle purchases in some areas, the State Council, or cabinet, said on its website. Other steps include incentives to build more gas stations in rural areas ...
Read More »Vietnam prefers its mobile networks to be free of Huawei
Bloomberg Vietnam is intent on being the first Asean nation to provide a 5G network — without China’s tech powerhouse Huawei Technologies Inc. Viettel Group, Vietnam’s largest mobile carrier owned by the Defense Ministry, will deploy Ericsson AB’s equipment in Hanoi and Nokia Oyj’s technology in Ho Chi Minh City, said Viettel Chief Executive Officer Le Dang Dung. It will ...
Read More »Thailand sees scope for fiscal support
Bloomberg Thailand’s government is ready to take further action to support an economy growing at its slowest pace in nearly five years, and sees room for further interest-rate cuts, the finance minister said. Weeks after passing a stimulus program worth more than $10 billion, the government still has the fiscal space to do more, Finance Minister Uttama Savanayana said on ...
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