Huge solar plant beams power, hope to rural Uganda

  Soroti / AFP When power goes out in the rural town of Soroti in eastern Uganda, store manager Hussein Samsudin can only hope it won’t go on so long it spoils his fresh goods. Another shop owner, Richard Otekat, 37, has to pay a neighbour hourly to use his generator during blackouts as he can’t afford to buy one himself, ...

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Higher National Committee for ‘Year of Giving’ set up

  Dubai / WAM In implement to the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai on Sunday directed the formation of the Higher National Committee for the Year of Giving initiative, which would include five Ministers as members and ...

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UAE forms Council for Climate Change and Environment

  Abu Dhabi / WAM A new council has been formed to reinforce the UAE’s policies and strategies on climate change, environmental and sustainable development. The UAE Council for Climate Change and Environment was constituted on Sunday by Dr. Thani Ahmed Al Zeyoudi, Minister of Climate Change and Environment through a Ministerial Decision No (795) of 2016. The council will develop ...

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ZGI sets up word’s first makeshift city for humanitarian work

  Abu Dhabi / WAM Zayed Giving Initiative (ZGI) launched the world’s first state-of-the-art mobile city for humanitarian and charitable work as part of a series of initiatives it plans to roll out in the Year of Giving in 2017. “The word’s first makeshift city for humanitarian work was launched in consistence with President His Highness Sheikh Khalifa bin Zayed Al Nahyan’s ...

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Gate’s words of wisdom for Trump presidency

  Bob Gates has worked in senior national-security positions for the last five presidents, Republican and Democratic. So it’s noteworthy — and to me, encouraging — that he is advising President-elect Donald Trump, too. Gates, a former defense secretary, CIA director and deputy national security adviser, spoke with me by telephone on Wednesday about the advice he’s giving Trump and ...

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Monte Paschi’s dying circus act

  Few Italian operas come as epic as Banca Monte dei Paschi di Siena SpA. Thanks to an ill-timed and hubristic takeover as well as some questionable accounting practices, the 544-year-old pillar of Siena is on the brink of an ignominious nationalization. The final act, though, will drag on. One Italian official presented the outline of Monte Paschi’s rescue to ...

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The opportunity in Italy’s banking crisis

  The imminent failure of Italy’s third-largest bank, Monte dei Paschi di Siena, is finally bringing the country’s long-festering banking crisis to the center of European leaders’ attention. This may be a blessing in disguise, offering the best chance yet to achieve a lasting solution — and even strengthen the European Union. Italy’s financial woes have been years in the ...

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Aleppo carnage may spur Syria crisis resolution

  Syrian troops reclaimed rebel-held east Aleppo. The residents anxious to return to their homes entered into the war-ravaged city after the regime’s announcement of full control of the city. Assad army recaptured the former rebel stronghold after a landmark evacuation deal that saw thousands of opposition fighters and residents bussed out. The evacuation operation ended more than four years ...

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Dubai Municipality spends AED2.5bn to develop markets

  Dubai / WAM Aimed at revitalising economic activity in the emirate of Dubai, the Dubai Municipality is carrying out many development projects including construction of new markets and commercial complexes, and expansion and maintenance of existing markets at a total cost of AED2.5 billion. Hussein Nasser Lootah, Director-General of the municipality explained that the civic body manages about 5,000 shops, ...

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