Abu Dhabi /Â WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received Stephen Schwarzman, CEO of Blackstone, a US-based company which works in the financial and investment services field. Sheikh Mohamed and Schwarzman discussed cooperation and coordination between the Emirati investment and financial institutions and ...
Read More »ERC sends more aid to Somalia
Abu Dhabi /Â WAM A ship carrying 4,259 tonnes of relief items from the Emirates Red Crescent (ERC) left the UAE on Tuesday for Berbera Port in Somalia to support the people who have been displaced and affected by famine and to enhance their humanitarian situation. The aid, which is worth AED10.3 million, includes food, shelter materials, clothes, blankets, mattresses, ...
Read More »Mohamed briefed on maritime trade
Abu Dhabi /Â WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Tuesday received a delegation from the Abu Dhabi Ports Company, ADPC, headed by Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and ADPC Chairman. His Highness Sheikh Mohamed was briefed on ...
Read More »Sheraa, Air Arabia launch ‘new plan’ for budding entrepreneurs
Sharjah / Emirates Business Coming on the heels of its successful inaugural accelerator showcase day, Sheraa – a launch pad for aspiring entrepreneurs in the UAE – is making swift progress to expand the portfolio of industries tapped by its growing community of budding entrepreneurs. The latest addition comes in the form of a collaboration with Air Arabia, the ...
Read More »UAE, Turkmenistan discuss cooperation in search and rescue
ABU DHABI / WAM Yusup Muhammetgulyyev, Deputy Minister of Defence of Turkmenistan, praised the level of preparedness, expertise, high technological systems, and the modern devices used by the National Search and Rescue Centre in the UAE. He made the statement during his visit to the centre on Tuesday, where he was received by Obaid Saif Al Zahmi, Deputy General ...
Read More »Sharjah Airport Authority to highlight expansion plans at ATM 2017
SHARJAH / WAM Sharjah Airport Authority will highlight the airport’s latest achievements, expansion plans and services during its participation in the Arabian Travel Market Exhibition (ATM 2017) taking place in the Dubai World Trade Centre until April 27. The Arabian Travel Market is the global meeting place for the travel trade. Sharjah Airport Authority will be participating under the umbrella ...
Read More »GCC roaming rates slashed for UAE customers: TRA
ABU DHABI / WAM The Telecommunication Regularity Authority (TRA) announced the implementation of price caps for Intra-GCC roaming services by UAE-based mobile operators resulting from the implementation of TRA Directive No. 04 of 2015 regarding Mobile Roaming Charges issued in September 2015. As a result, on average, the international roaming prices for UAE customers who travel to GCC countries ...
Read More »Russia’s oil cuts won’t be so easy if OPEC deal is extended
Bloomberg For Russian oil companies, the historic agreement to boost prices by cutting output in conjunction with the Organization of Petroleum Exporting Countries was an easy win. Extending the deal will be less straightforward. Cuts so far this year came alongside the traditional seasonal stagnation in Russian production, meaning the country made relatively few sacrifices in exchange for an ...
Read More »Denmark renewable sector to end relying on subsidies
Bloomberg After more than four decades of relying on subsidies, Denmark’s renewable energy industry is ready to survive on its own much sooner than expected. The Danish energy minister, Lars Christian Lilleholt, says that “in just a few years,†renewable energy providers won’t need state support anymore. He says it’s a development he couldn’t have imagined as recently as ...
Read More »Saudi to offer renewable contracts of 1GW in 2017
Bloomberg Saudi Arabia will offer as much as 1 gigawatt of contracts to buy renewable electricity by the fourth quarter of this year, a government official said, putting more detail on a program designed to stimulate the kingdom’s wind and solar industry. The government will auction power-purchase agreements covering 620 megawatts of photovoltaic installations and 400 megawatts for wind ...
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