Bloomberg Libya’s crude production will rise above 1 million barrels a day in the next four weeks after the nation reopened the last of its oil ports, according to the state energy firm. The National Oil Corp. (NOC) said it lifted force majeure — a clause in contracts allowing deliveries to be suspended — at the eastern ports of Es Sider, ...

Abu Dhabi / WAM The UAE welcomed the decision of brotherly Republic of Sudan to initiate relations with the State of Israel. In a statement, the Ministry of Foreign Affairs and International Cooperation praised the efforts of the United States, the Republic of Sudan and State of Israel to reach this historic agreement, expressing hope that this step will have ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa), invited the public to visit the virtual Water, Energy, Technology, and Environment Exhibition (Wetex), and Dubai Solar Show. Dewa is organising the exhibition from October 26-28 from 10am-6pm UAE time (GMT +4). The 3D exhibition is the first of its kind in the Middle East and North Africa, with 1,076 companies ...

Abu Dhabi / WAM In support of the UAE taking the lead in Artificial Intelligence (AI) Sandooq Al Watan announced on Saturday that they have signed a sponsored research agreement in collaboration with United Arab Emirates University (UAEU) and Khalifa University (KU) to advance cognitive computing using novel architecture and high-grade materials. The project was awarded under the SWARD programme, ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHaP) announced that it conducted 124,404 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, MoHaP announced 1,491 new coronavirus cases, bringing the total number of recorded cases in the UAE to 123,764. MoHaP also noted an additional 1,826 ...

DUBAI / WAM Dubai Silicon Oasis Authority (DSOA) the regulatory body for the Dubai Silicon Oasis (DSO) the integrated free zone technology park, signed an agreement with the International Free Zone Authority (IFZA). Under this agreement, new and existing IFZA companies can work from the DSO, boosting the flexibility of doing business in the UAE. This agreement provides entrepreneurs and ...

Abu Dhabi / WAM The Ministry of Tolerance and Coexistence highlighted the importance of participating in the celebration organised by the World Government Summit Foundation on Monday to mark the 75th anniversary of the United Nations (UN) which the UAE is keen to celebrate annually out of faith in the values and principles on which this great organisation was founded ...

ABU DHABI / WAM Ookla, the global leader in fixed broadband and mobile network testing applications, data and analysis, on Saturday recognised Etisalat for being the fastest mobile network operator worldwide in 2020 providing its subscribers the most superior experience with the fastest mobile speeds from anywhere in the world. This major achievement is a testimony of UAE’s leadership’s vision ...

Abu Dhabi / WAM The largest commercial bank in Russia, Central and Eastern Europe is on course to opening an office in Abu Dhabi by the end of this year, according to a top executive. Sberbank is looking to promote investment activity in both conventional and Islamic finance through cooperation with funds, financial institutions and other bodies in the Middle ...

Dubai / WAM Thirty-one Italian companies will take part in the virtual edition of Water, Energy, Technology, and Environment Exhibition (Wetex 2020) on October 26 – 28. This participation is almost 50 percent more than in the 2019 edition, according to the Italian Trade Agency (ITA). The Italian companies will be showcasing the latest advancements of Italy in sustainable and ...