Bloomberg Japan’s equity market found itself hostage to global events yet again. This time it was the Federal Reserve, which signaled it’s in no hurry to raise rates, pushing the U.S. dollar lower and strengthening the yen. Like clockwork, shares fell, with the benchmark index wiping out all gains for the year. Then the 10-year yield rose above 0.1 ...
Read More »ADFD contributes $90mn to Sudan’s power plant
Abu Dhabi /Â WAM The Abu Dhabi Fund for Development (ADFD) contributed a US$90 million concessionary loan for the successful completion of a 320 megawatt hydroelectric power plant in eastern Sudan. ADFD officials attended the official opening of the Upper Atbara and Setit Dam Complex plant, which was inaugurated by Sudanese President Omar Hassan Al Bashir. Mohammed Saif Al Suwaidi, ...
Read More »UAE to experience dusty, cloudy weather
Abu Dhabi /Â WAM The country’s weather forecaster has said the UAE will experience partially cloudy and dusty conditions on Friday. It will be intermittently cloudy during the day with chances of rainfall in some areas, especially to the north and east, the National Centre of Meteorology and Seismology has predicted. The temperature will fall in most regions, with strong ...
Read More »Dubai Municipality gears up for ‘Car Free Day’
Dubai /Â WAM Dubai Municipality is all geared up for the eighth edition of the “Car Free Day,” which will be held on February 5 and will see wide-ranging activities. Eng. Hussain Nasser Lootah, Director-General of Dubai Municipality, said that the initiative would witness the participation of several government, semi-government, and private agencies besides the presence of a number of ...
Read More »Shurooq strengthens safety measures at Al Khan beach
Sharjah / Emirates Business The Sharjah Investment and Development Authority (Shurooq) announced the implementation of new and improved security procedures along the Al Khan beach in Sharjah, in a bid to enhance safety levels for visitors and tourists who progressively visit the beach on a frequent basis. The new safety plan aligns with Shurooq’s mission to provide all leisure, ...
Read More »MoCCAE to build artificial habitats to ensure sustainability of marine environment
Dubai /Â WAM The Ministry of Climate Change and Environment (MoCCAE) will build artificial habitats to ensure the sustainability of the marine environment and step up the development of living aquatic resources in the UAE. The ministry on Thursday signed a memorandum of understanding (MoU) in this respect with Delma Marine Industrial Supply and Marine Services Company (Delma Marine). Dr. ...
Read More »Mohamed and Emir of Qatar discuss ties, regional issues
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, and His Highness Sheikh Tamim bin Hamad Al Thani, Emir of the State of Qatar, on Thursday discussed ways to strengthen fraternal relations and also reviewed regional and international issues. During the meeting held ...
Read More »UAE’s investments in space technologies exceed AED20bn
Dubai / WAM The 7th edition of the Annual Investment Meeting (AIM) will tap into space technologies. The UAE’s investments in space technologies currently exceeds AED20 billion. Held under the patronage of Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, this year’s theme, ‘International Investment, Path to Competitiveness and Development’, will focus ...
Read More »Global Happiness Dialogue to host 300 int’l happiness experts
Dubai / WAM The World Government Summit (WGS) 2017 announced on Thursday it had selected the Landmark Group as the exclusive partner for the Global Happiness Dialogue, to be held in Dubai on February 11, a day before the summit’s launch. The Dialogue is the latest addition to the fifth edition of the summit. The Global Happiness Dialogue is the ...
Read More »Seminar highlights green building best practices
Dubai / WAM As part of its efforts to promote sustainable and responsible practices within Dubai’s business community, the Dubai Chamber Sustainability Network, recently hosted a seminar and networking event in collaboration with the Emirates Green Building Council focusing on best practices in green building. The event, held at the Chamber’s premises, was organised by the Dubai Chamber Sustainability Network’s ...
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