Off the coast of Ndayane, Senegal, where the Atlantic whispers against untouched shores, a new kind of tide is rising. It doesn’t come from the moon’s pull, but from human ambition, global vision, and the steady churn of the dredger Willem Van Rubroeck. The $1.2 billion Port of Ndayane isn’t merely a construction project; it’s...
Tag: Economy
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The Quiet Revolution in Sharjah’s Sands: How a Petroleum Department Visit Whispered the Future of Energy
The corridors of the Sharjah Petroleum Department don’t echo with the clang of drills or the hiss of pipelines. Instead, they hum with the quieter, more profound energy of strategy, foresight, and national pride. When His Highness Sheikh Sultan bin Ahmed Al Qasimi stepped through its doors, it wasn’t a ceremonial photo op. It was...
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When Abu Dhabi Hosted the World’s Wheels: How a Desert City Became the Stage for Urban Cycling Glory
The desert air shimmered under the December sun, not with heat alone, but with the electric buzz of anticipation. Abu Dhabi, often painted in the broad strokes of skyscrapers and oil wealth, had quietly transformed itself into something else entirely — a global amphitheater for human agility, balance, and grit. The 2024 UCI Urban Cycling...
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Masdar City’s Silent Scholars: Where AI Dreams Take Root Under the Abu Dhabi Sun
Walk through the sun-dappled courtyards of Mohamed bin Zayed University of Artificial Intelligence, and you won’t hear the frantic clatter of keyboards or the stressed murmurs of all-nighters. You’ll hear something far more profound: the quiet hum of focused thought, the soft click of a robotic arm calibrating in a lab, the murmur of a...
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DP World kicks off maritime construction at new $1.2 billion port in Senegal
The arrival of the dredger Willem Van Rubroeck in Ndayane this month marks the start of maritime works for the $1.2 billion Port of Ndayane, a project set to transform Senegal into a major centre for global trade.
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CBUAE lowers interest rates by 25 basis points
The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.65% to 4.40%, effective from Thursday, 19 December.
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ADNOC L&S adds 20 offshore assets in 2024
ADNOC Logistics & Services Plc (ADNOC L&S) announced today that its Integrated Logistics business segment expanded significantly in 2024, with 20 offshore assets acquired and hire contracts secured for 19 Jack-Up Barge (JUB) deployments.
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UAE wraps up COP16 participation
The UAE concluded its participation in the 16th session of the Conference of the Parties (COP16) to the United Nations Convention to Combat Desertification (UNCCD) by emphasising the importance of strengthening international cooperation to develop practical solutions for halting desertification and addressing drought. The UAE also underlined the importance of the active involvement of all community groups, with a focus on enhancing the role of women in global sustainable land management.
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RTA launches ‘Logisty’ platform for freight transport
Dubai's Roads and Transport Authority (RTA), in collaboration with TruKKer – the region's leading digital freight platform – has launched "Logisty", a Digital Logistics Platform in partnership with the private sector.
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UAE marks 53rd Eid Al Etihad with economic milestones
The UAE’s national economy continues to demonstrate accelerated growth, reinforcing its position as one of the most dynamic and competitive economies both regionally and globally.