Unit 4 of UAE’s Barakah Nuclear Energy Plant commissioned
Abu Dhabi, UAE - The Emirates Nuclear Energy Corporation (ENEC) on Friday announced that its operating and maintenance subsidiary, Nawah...Economy Energy
Masdar completes acquisition of 49% stake in Dogger Bank South project
Abu Dhabi, UAE--Masdar, the UAE’s clean energy powerhouse, has completed its acquisition of a 49 percent shareholding in the 3...Economy
Implementation of Dubai Economic Agenda ‘D33’ to begin immediately
Teams across Dubai’s government entities will work in close collaboration with the private sector to achieve the various targets of...Teams across Dubai’s government entities will work in close collaboration with the private sector to achieve the various targets of the agenda over the next 10 years
The D33 Agenda paves the way for a new phase of Dubai’s development journey driven by ideas, innovation, enterprise and new technologies
Saudi Arabia, Clarity AI ink MoU to develop sustainability in private sector
Under the MoU terms, the Ministry of Economy and Planning and Clarity AI will work together to explore potential areas...Under the MoU terms, the Ministry of Economy and Planning and Clarity AI will work together to explore potential areas of cooperation, such as using big data
They are discussing cooperation in training Saudi cadres to understand and analyze sustainability data, and participate in events and activities of common interest
Sponge cities an answer to Gulf water woes
China, Singapore and Hong Kong are planning to convert 80 percent of their cities into sponge areas by 2030 for...A sponge city is a nature-based solution that uses the landscape to retain water at its source, slow down water flow and clean it throughout the process
According to specialized construction reports, China was one of the first countries to resort to this technology, followed by Singapore and Hong Kong
Jordanian-Bahraini business forum explores investment opportunities
AMMAN, JORDAN - The Jordan Chamber of Industry (JCI) organized the Jordanian-Bahraini Business Forum in Bahrain's capital, Manama, to increase...The Jordan Chamber of Industry stressed on the role of the private sector as a driver of the economy.
The JCI described the level of trade between Jordan and Bahrain as "below aspirations," amounting to less than US$300 million.
ADJA delivers training program on drafting contracts, legal memos
ABU DHABI, UAE - The Abu Dhabi Judicial Academy (ADJA) has conducted a specialized training program on drafting and writing...This was done to develop the skills and competencies of practitioners engaged in the legal profession.
The program will help the professionals to improve the quality of their service.
Oil prices rebound after opening the year down over 9%
Brent crude futures gained 59 cents to $78.43 a barrel, while US West Texas Intermediate crude futures rose 69 cents...Brent crude futures gained 59 cents to $78.43 a barrel, while US West Texas Intermediate crude futures rose 69 cents to $73.53 a barrel
Over the previous two sessions, Brent and WTI's declines of more than 9 percent were the biggest two-day losses at the start of a year since January 1991
Sharjah lists 4 categories eligible for retirement
The first category, which currently consists of 51 individuals, is for those who have reached the legal retirement age.The first category, which currently consists of 51 individuals, is for those who have reached the legal retirement age
The second category is those who have sufficient funds set aside in the Sharjah Social Security Fund
Amazon CEO says 18,000 jobs to be cut from workforce
Washington, United States--Amazon announced Wednesday it will cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the...The CEO Andy Jassy said the company's leadership was "deeply aware that these role eliminations are difficult for people, and we don’t take these decisions lightly
She said some of the layoffs would be in Europe, adding that the impacted workers would be informed starting on January 18
Japan tuna price soars past $270,000 at New Year auction
Michelin-starred sushi restaurant Onodera Group and Japanese wholesaler Yamayuki forked out 36.04 million yen ($273,000) for the 212-kilo bluefin tuna...The New Year auction is highly anticipated, and securing the top-priced tuna offers bidders bragging rights
For years, the top bid came from self-proclaimed "Tuna King" Kiyoshi Kimura, who paid a record $3.1 million in 2019
Yemeni Govt, IsDB, SPDRY launch economic empowerment program in Yemen
The agreement aims to establish a general framework for activating development in Yemen and addressing challenges related to agricultural production...The agreement aims to establish a general framework for activating development in Yemen and addressing challenges related to agricultural production chains
The program's three main pillars include financing e-commerce solutions, providing consultations to develop value chains and technical skills for SMEs
