DUBAI / WAM The Marshall Islands celebrated its Expo 2020 Dubai National Day with calls for further support for the Sustainable Development Goals (SDGs) and a fervent plea for stronger action on climate change. Sultan Mohammed Al Shamsi, UAE Assistant Minister of Foreign Affairs and International Cooperation for International Development Affairs, welcomed John M Silk, Minister of Natural Resources ...

  DUBAI / Gulf Time After having firmly entrenched itself in the Egyptian, Russian and Turkish markets Seif El Hakim Group of companies is set to foray into the cosmopolitan city of Dubai which is synonymous with the posh shopping malls, penthouses and real estate activity as the city which is fast returning to normal. The real estate industry has ...

  Bloomberg Argentina, home to some of the world’s vastest gas reserves, is bracing for the unthinkable: rationing one of its chief natural resources. Despite having shale-gas deposits to rival those in Appalachia, which made the US a major exporter, Argentina’s domestic gas production sector has suffered from years of underinvestment that has left it unable to meet domestic demand, ...

  Bloomberg India asked power manufacturers to keep importing coal to meet increasing demand for electricity even as prices of the fossil fuel surged. The power companies need to resolve issues related to rising prices and stick to the power-purchase agreement, the Ministry of Power said in a statement. “Not maintaining adequate fuel stocks or not giving availability on any ...

  Bloomberg The trading arm of Russia’s gas giant Gazprom PJSC is under increasing pressure as clients and peers flee in response to the war in Ukraine, posing a risk for energy markets from the UK to Germany and Singapore. Gazprom Marketing & Trading is facing liquidity problems as banks delay its transactions and peers refuse to deal with it, ...

On the day Russia launched its all-out attack on Ukraine, Svitlana Krakovska was holed up in her home city of Kyiv, working feverishly to finish a report. As leader of the Ukrainian delegation to the Intergovernmental Panel on Climate Change (IPCC), she and scientists around the world were dotting the i’s and crossing the t’s of their sixth assessment of ...

The dark horse of India’s battery race is pulling away from the pack, but can it beat the bookies’ favourite? Ola Electric Mobility Pvt, a Bengaluru-based startup, will get state support to manufacture EV batteries that can store a total of 20 gigawatt-hours of power, the government said. Reliance Industries Ltd, the country’s largest conglomerate, will get subsidies for five ...

  Russia’s invasion of Ukraine has reminded the US and Europe that their alliance matters. Their united response to President Vladimir Putin’s assault on the international order should alert them to something else — that resilience depends on economic and financial cooperation and not just on formal security commitments. In that light, reviving stalled talks on a free-trade agreement is ...

  To help fight inflation, Joe Biden ought to take a page out of his former boss’ book: He should make a strong pitch for taxing the rich to reduce the federal budget deficit. From the day his party suffered a massive midterm “shellacking” straight through his successful re-election campaign, Barack Obama branded the Democrats as the party of deficit ...

Bloomberg President Joe Biden sought to clarify his call for the removal of Vladimir Putin, saying he wasn’t seeking regime change after European allies raised concern and critics said he was further inflaming tension with Russia. French President Emmanuel Macron and the UK government distanced themselves from Biden’s stunning comment, which capped a speech in Warsaw to rally support for ...