Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, discussed the latest developments in the region in a phone conversation with King Abdullah II of Jordan. Sheikh Mohamed and King Abdullah reviewed ways of cementing the brotherly relations between the two sisterly countries, ...
Read More »ADGM Reglab attracts 36 local, global FinTech applications for its 3rd cohort
Abu Dhabi / WAM Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has successfully concluded its 3rd round of applications for its Regulatory Laboratory (Reglab) programme with a total of 36 local and international new FinTech innovators offering potential solutions for the financial and small-medium enterprise (SME) sectors in the Middle East and Africa region. The ...
Read More »Houthi militias infiltration attempt in Hodeidah foiled
HODEIDAH / WAM The Joint Yemeni Resistance Forces has blocked an infiltration attempt by Iranian-backed Houthi militias in the eastern Al-Jah area south of the city of Hodeidah, as Coalition Forces continued to advance towards Hodeidah. Dozens of Houthis were killed and others wounded following the failed infiltration – a desperate attempt to lift the weakened morale amid their ranks. ...
Read More »Al Hilal Bank’s HR division receives ISO certification
Abu Dhabi / Emirates Business Al Hilal Bank’s Human Resources Division was awarded ISO 9001:2015 certification, for quality management system (QMS). The ISO award was granted by SGS, based in Switze- -rland, which is world’s leading inspection, verification, testing and certification company. The QMS certification is the world’s most established quality recognition, used by more than one million organizations in ...
Read More »Ministry to survey, map agriculture areas with drones
Dubai / WAM The Ministry of Climate Change and Environment (MoCCAE), is introducing a new project to survey and map agricultural areas using unmanned aerial vehicles or drones. MoCCAE invited several professional drone companies in the UAE to carry out the pilot phase of the project. Commencing in the second week of June, this phase will include surveying and mapping ...
Read More »Emirates to launch daily A380 services to Osaka
Dubai / Emirates Business Emirates, the world’s largest international airline, will introduce regular scheduled commercial Airbus A380 services to Osaka (KIX) in Japan on October 28. The deployment of the double-decker aircraft represents a capacity increase of 38%, and means that travellers will enjoy the comfort of an A380 to and from two Japanese gateways, as the flagship aircraft already ...
Read More »Total unconvinced by hydrogen cars as France unveils subsidies
Bloomberg France’s biggest energy company expressed skepticism about the economics of hydrogen-powered vehicles as the government unveiled subsidies to promote the gas as way of cutting fossil-fuel consumption and fighting climate change. “We find it difficult to be convinced it has a future in 10 years time,†Total SA Chief Executive Officer Patrick Pouyanne said in an interview with local ...
Read More »OPEC, allies say more investment needed to ensure oil supply
Bloomberg OPEC and its allies in the global oil output cuts stressed the need to maintain their cooperation to stimulate adequate investments to ensure stable oil supply. Energy ministers from Saudi Arabia, the United Arab Emirates, Kuwait, Algeria and Oman held an unofficial consultative meeting in Kuwait City, the Kuwait News Agency reported, citing a statement from the joint ministerial ...
Read More »Social media furor hits Thailand’s oil giant
Bloomberg Thailand has joined the global wave of anxiety over climbing energy costs. A social media furor over pump prices erupted in the past week, prompting state-run oil refiner PTT Pcl to defend itself in a Facebook post by Chief Executive Officer Tevin Vongvanich. The country’s military government rolled out fuel subsides for diesel and cooking gas. The developments signal ...
Read More »US set to announce biofuel policy changes
Bloomberg The Trump administration is slated to unveil biofuel policy changes, including efforts to tamp down costs for refiners while broadening the market for ethanol, according to people familiar with the action. The announcement follows weeks of negotiations by the Agriculture Department, Environmental Protection Agency and Energy Department to flesh out a tentative deal struck at the White House last ...
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