Abu Dhabi / WAM Australia-UAE relations have witnessed tremendous growth since the country’s diplomatic mission was opened here in 2004, with Australian businesses growing sixfold and Australians living in the Emirates almost fourfold, Australia’s Governor-General David Hurley told the Emirates News Agency (WAM). “Australia had a diplomatic presence in the UAE since 2004. Since then, until 2022, diplomatic relationship has ...

  Dubai / WAM DP World has won an important award from the International Association of Ports and Harbors (IAPH), recognising its work to plant new mangrove forests around the Guayaquil port in Ecuador. DP World Posorja, which operates the port, earned first place in the Climate and Energy category for its ‘Sembrando Vida’ mangrove project, competing alongside 237 schemes ...

  Dubai / Gulf Time Emirates and Dilmah Tea have enjoyed a longstanding partnership of brewing the finest teas on board and in Emirates’ airport lounges around the world for the past 30 years. To mark the milestone on International Tea Day, all Emirates’ customers will get a special tea box when they fly from Dubai on Saturday. In addition, ...

  SHARJAH / WAM Young visitors are flocking to the Emirates Publishers Association (EPA) stand at the ongoing 13th Sharjah Children’s Reading Festival (SCRF) where under its ‘Manassah’ platform, the entity is showcasing a bouquet of titles in diverse genres by Emirati publishers. Amongst the popular books at EPA’ stand, targeting children of all age groups, includes Scribbles, a creative ...

Bloomberg French electricity prices climbed after the region’s biggest producer cut its nuclear output target for a third time this year, the latest sign that the region’s power crisis is worsening. Less output from Electricite de France SA’s fleet, the backbone of Europe’s integrated power system, is sending prices higher just as soaring inflation is pushing up costs for everything ...

  Bloomberg China kept buying more energy from Russia, with purchases of oil, gas and coal jumping 75% in April to over $6 billion, even as domestic demand slowed due to a resurgent virus and the US and Europe moved away from purchases. Imports of Russian liquefied natural gas surged 80% from a year earlier to 463,000 tons, according to ...

  Bloomberg The former chief of BP Plc warned that investors are pushing environmental, social and governance concerns aside as fears about energy security and mounting costs take precedence. John Browne, who ran BP between 1995 and 2007, was speaking 25 years after becoming the first boss of an oil major to acknowledge the link between manmade carbon emissions and ...

Bloomberg Russia is cutting Finland off from its natural gas supplies as relations between the two neighbours sour over the Nordic nation’s decision to join defense alliance Nato. Finland is the third European country to lose gas from Russia after refusing to pay for the fuel in rubles. Flows on a main pipeline from the region’s top supplier were expected ...

The Bank of England (BOE) would have preferred to have had more to celebrate on the 25th anniversary of its independence earlier this month. The central bank’s Monetary Policy Committee has one goal, to which everything else is subordinate: to keep overall consumer inflation at 2%. But it has been a year since the inflation rate was that low and ...

The biggest story in Japan was about a man who mistakenly received an entire town’s $360,000 allotment of Covid stimulus money — and chose to gamble it all at an online casino rather than invest. That’s at the heart of an issue once again on the national agenda: Getting the Japanese to put their substantial amount of spare cash into ...