China wants its EV fleet to plug in, charge power grid

BLOOMBERG In the industrial hub of Wuxi near Shanghai, car owners recently took part in China’s largest experiment to rewire the grid and take advantage of its world-leading fleet of electric vehicles. Instead of charging up after plugging in, 50 EVs did it the other way around. For 30 minutes, the cars combined to feed around 2 megawatts of electricity ...

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MoHRE launches ‘UAE Labour Market Observatory’ to boost labour market competitiveness

DUBAI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) has launched the UAE Labour Market Observatory. It is designed to provide periodic data and information in both Arabic and English on various competitiveness indicators of the UAE labour market, outputs of the policies set to regulate it, and information about innovative services, programmes, and initiatives, along with other ...

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SEC approves transportation service between Sharjah and Muscat

SHARJAH / WAM HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah and Chairman of Sharjah Executive Council (SEC), on Tuesday chaired a meeting of the Sharjah Executive Council at the Sharjah Ruler’s office The Council approved the operation of a transport service between Sharjah and Muscat of Oman, according to the agreement ...

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1 Billion Followers Summit 2024 unites global content creators

DUBAI / WAM The second edition of the 1 Billion Followers Summit opens doors to an exclusive encounter with an elite line-up of mega social media influencers and celebrities from 95 countries across 6 continents, boasting over 1.7 billion followers. Notable figures such as “Khaby Lame,” TikTok’s content creation silent maestro, “German Garmendia,” holding the title for the most-followed Spanish-language ...

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ADAFSA unveils its plan to expand recycled water use in Abu Dhabi

ABU DHABI / WAM The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) announced the delivery of recycled water to more than 1,600 farms in Al Khatam, Al Khaznah and Al Nahda areas, as part of an ambitious plan to expand the use of recycled water for irrigating farms in the emirate of Abu Dhabi. ADAFSA collaborated with its strategic ...

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ADQ appoints new Chairman of ADX, two new board directors

ABU DHABI / WAM ADQ, an Abu Dhabi-based investment and holding company, has appointed Ghannam Butti Al Mazrouei as the new Chairman of Abu Dhabi Securities Exchange (ADX) along with two new Board Directors. Al Mazrouei has been a member of the Board of Directors at ADX since 2015. In addition to his new role as Chairman, Al Mazrouei is ...

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Etihad airline continues its expansion, aims for 18 million passengers by 2025: Group CEO

ABU DHABI/ WAM Antonoaldo Neves, Group Chief Executive Officer of Etihad Airways, affirmed the airline’s plans for expansion in 2024. This expansion includes broadening its network of destinations, offering more choices to travelers, and increasing flights to key international markets through its global network. The aim is to usher in a new phase of sustainable growth, underpinned by a robust ...

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Instacart expands in-store business to include ads

BLOOMBERG Instacart will show advertisements on the high-tech shopping carts it sells to grocery stores, the latest addition to the company’s growing ads business and a sign of investment in products outside grocery delivery. The company will begin advertising on the carts, which include self-checkout and are equipped with cameras and sensors to detect items, at Good Food Holdings’ Bristol ...

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