ABU DHABI / WAM Media should embrace all cultures and all languages together and try to give an objective full picture of the world from different locations, said CEO of Ruptly News Agency, adding that people from all over the world should be equally well heard. In a statement to the Emirates News Agency (WAM), during the Global Media ...
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UAE’s EPA wins gold medal in international stamp exhibition
Dubai / WAM The Emirates Philatelic Association (EPA) participated in the Cape Town 2022 International Stamp Exhibition in Cape Town, South Africa. The exhibitors from 38 countries participated in the show. EPA participants in the exhibition won several medals for their entries. Ahmad bin Eisa Alserkal won a gold medal for his exhibit “A Postal History Study of Airmail ...
Read More »UAE ministry honours 35 UAE companies
Dubai / WAM The Ministry of Economy honoured 35 UAE companies, graduates of the ScaleUp Export training programme, which was launched by the Ministry in cooperation with global shipping and logistics company UPS under The Entrepreneurial Nation initiative in June. The programme is designed to help enhance the export capacity of UAE’s startups and SMEs by enhancing the flow ...
Read More »Emirates flags a month-long busy travel period this winter
Dubai / Gulf Time As the region busies itself with winter visitors, iconic sporting events, UAE National Day and the upcoming festive season, Emirates is highlighting a busy travel period for both inbound and outbound travel through Dubai for the next month, and recommending passengers arrive to the airport three hours in advance of their flight, as well as ...
Read More »UK expands windfall tax on energy firms to fund bills cap
Bloomberg The UK announced a windfall tax on “excess†profits of some electricity generators to help pay for the continuation of a freeze on household energy bills. Renewable, nuclear and biomass generators will see a 45% tax, while an existing levy on oil and gas firms will rise to 35% from 25% as the government seeks to claw back ...
Read More »Germany vows to swiftly start natural gas subsidies
Bloomberg German Chancellor Olaf Scholz promised the swift implementation of natural gas price subsidies recommended by a government-appointed panel to ease the impact of soaring energy costs. “The cabinet will start implementing the proposals this Wednesday,†Scholz said at a press conference in Berlin. “We don’t want to let anyone alone in this difficult situation.†Germany, Europe’s largest economy, ...
Read More »Gas has ‘transitional role’ in Africa’s green goals, says EU
Bloomberg Natural gas can play a transitional role in Africa’s development to a greener economy, the European Union’s climate chief Frans Timmermans said in response to climate activists’ concerns about locking the continent into fossil fuels. While renewable energy is becoming cheaper globally, Timmermans said he understands Africa’s need to monetise its fossil-fuel resources. The EU and member states like ...
Read More »Global demand for biofuel offers opportunity for Australia
Bloomberg Strong growth in global demand for renewable fuels offers a great opportunity for suppliers in Australia, the second-largest exporter of canola seed, according to one of the country’s biggest crop shippers. While the US is the largest market, “we are seeing very strong growth across Asian markets and into China, and I think it creates a great opportunity ...
Read More »Enel weighs $5b Peru operations sale
Bloomberg Enel SpA is weighing a sale of its operations in Peru as it seeks ways to cut debt and fund new investments, according to people familiar with the matter. Italy’s largest utility is working with advisers on the potential disposal, which could be valued at about $5 billion, the people said. The asset has drawn preliminary interest from ...
Read More »Dutch court finds three guilty for downing MH17 aircraft
Bloomberg Two Russians and a Ukrainian citizen were found guilty by a Dutch court of carrying out the deadly attack on Malaysia Airlines flight MH17 in 2014, in a judgment set to further inflame tensions between the West and the Kremlin. Judges in the Hague ruled that Igor Girkin, Sergey Dubinskiy and Ukraine national Leonid Kharchenko caused a missile ...
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