NEW YORK / WAM The United Arab Emirates has voted in favour of the United Nations General Assembly resolution on the situation in Ukraine. Speaking at the UN General Assembly’s emergency special session, Lana Nusseibeh, Assistant Minister for Political Affairs and UAE Ambassador and Permanent Representative to the UN, stated, “We voted for this resolution, and we join the ...

  DUBAI / WAM The Tunisian Government has awarded AMEA Power a Concession Agreement and a Power Purchase Agreement for a 100MW solar project in Kairouan, worth $100 million (AED368 million) Najla Bouden Romdhane, Head of Government of Tunisia; Neila Nouira Genji, Minister of Industry, Mines and Energy; Hussain Al Nowais, Chairman of AMEA Power, and other dignitaries attended the ...

  ABU DHABI / WAM Abu Dhabi Public Health Centre (ADPHC) has announced that Dr Farida Al Hosani, Infectious Disease Expert and Executive Director of Infectious Diseases and Official UAE Spokesperson for the Health Sector, has joined the World Health Organisation’s (WHO) Pandemic Influenza Preparedness Framework (PIP Framework) Advisory Group as a Member for the period 2022-2024. Members of the ...

  DUBAI / WAM The Federation of UAE Chambers of Commerce & Industry has held a working meeting with officials of the Chamber of Commerce and Industry of the Kyrgyz Republic and major Kyrgyz companies. During the meeting, the parties discussed ways to develop and strengthen trade and investment markets between the UAE and Kyrgyzstan. Humaid Mohammed bin Salem, Secretary-General ...

  Bloomberg Spot prices for North Asia’s liquefied natural gas surged to a record as Russian supply concerns intensified competition with Europe for available supply of the super-chilled fuel. The Japan-Korea Marker, the spot Asian LNG benchmark, jumped 23% to $59.672 per million British thermal units, according to S&P Global Platts, pulled higher by a historic rally in European gas ...

  Bloomberg European natural gas surged to a record as supply fears were compounded by traders trying to avoid exposure to a key Russian player in the market. Benchmark futures rose as much as 60%, before easing. Gas and power traders are backing away from new deals with Gazprom Marketing & Trading Ltd, according to people familiar with the matter. ...

  Bloomberg Private investment into US clean-energy assets reached a record $105 billion last year as the country added an unprecedented amount of renewable-power capacity. The investment influx is 11% higher than 2020 and represents a 70% surge during the past five years, according to an annual report by BloombergNEF and the Business Council for Sustainable Energy. The private backing ...

If the “no limits” partnership announced between China and Russia on the eve of the Winter Olympics amounted to a blueprint for a new world order, it’s already looking a little frayed around the edges. Russia’s invasion of Ukraine has left Beijing struggling to straddle a line between its cardinal foreign-policy principle of respect for sovereignty and territorial integrity, and ...

There were no signs of a rebound in Best Buy Co’s latest financial results. While the company is painting a hopeful picture for the longer term, prospects for the core retail business and new at-home services remain lackluster. Investors could be forgiven for wondering whether some problems are too hard to fix. The consumer-electronics retailer reported weaker-than-expected revenue for the ...

  For nearly two years, pandemic-weary Americans have been pleading for one thing: We want our lives back. And in many ways, we now have our lives back — just not our work lives. Too many employees are still working from home. It’s reached the point where employers need to prioritise returning to the office, an argument President Joe Biden ...