For years, activists have been trying to protect the tiny German village of Lützerath from demolition in order to prevent the expansion of the nearby lignite mine. The police started evacuating the settlement last week, which they have now completed, but the problems have not yet been resolved. In January 2020 in Davos Donald Trumppal … Read more
Abu Dhabi – Mubasher: The UAE Purchasing Managers’ Index of “S&P Global” company, during December 2022, decreased by 0.2 points to 54.2 points, compared to 54.4 points in November. The index posted a reading consistent with the long-term series average since August 2009, as the reading indicated a strong improvement in conditions for the non-oil … Read more
Abu Dhabi – Mubasher: A company acquired “Easy is not“ Motorcycle Rental owns 70% of Cube Parking Management Company“. Cube Parking Management manages and organizes 9 vital parking lots using smart systems in this field, and is currently working on expanding the scope of its services in cooperation with the competent authorities to provide parking … Read more
Mohamed Shaker – Mubasher: Gold prices rose in the UAE during trading today, Tuesday, amid growing expectations that the US Federal Reserve will continue to raise interest rates to curb inflation.. During today’s trading, the price of 24 carat gold rose to 213.24 dirhams, “58.06 dollars,” from the price of 212.53 dirhams.. The price of … Read more
Abu Dhabi – Mubasher: The Central Bank of the Emirates issued new guidelines on countering money laundering and combating the financing of terrorism for licensed financial institutions in the insurance sector, which include insurance and reinsurance companies, agents and brokers. The new guidelines, which come into force immediately, contribute to the development of authorized financial … Read more
Abu Dhabi – Mubasher: The Abu Dhabi National Oil Company (ADNOC) intends to acquire a 24.9% stake in the Austrian energy and chemicals group “OMV” (OMV). The market value of the stake is around 3.8 billion euros ($4 billion), according to Bloomberg. The stake is owned by Mubadala Investment Company, one of the sovereign funds … Read more
The so-called “rare earths” are minerals that are intensively used in various electronic equipment and in cutting-edge technologies, such as electromobility and the generation of renewable energy. Automotive manufacturers like Toyota, Nissan and Tesla would have expressed interest in the “Rare Earths” project from Pencoin the Bío Bío region, according to comments by Ramón Barúa, … Read more
According to experts from the IEA, the International Energy Agency, we are entering a period of tremendous growth for renewable energies (EnR). In the next five years, as many REs should be added to the global mix as over the past twenty years. Thanks to certain countries that have become leaders in this field. The … Read more
Abu Dhabi (Al Ittihad)Ambassador Majid Al-Suwaidi, Director General of the Office of the Conference of the Parties (COP28), said that the UAE has a prominent role as one of the largest investors in renewable energy outside the country, as it has invested $50 billion in renewable energy projects around the world, and will invest an … Read more
Abu Dhabi – Mubasher: The subsidiaries of the Emirates Telecommunications Group signed e& A binding agreement with “Bispin Global”, a cloud computing management and solutions provider based in South Korea, to implement a joint venture under the name Bespin Global MEA I have e& institutions. The group said in a statement that the project focuses … Read more