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Bloomberg European Union member states backed a compromise to use permits from the bloc’s carbon market to help finance a shift away from Russian fossil fuels. Finance ministers gathering in Luxembourg approved a compromise plan drawn up by the Czech government, which holds the EU’s rotating presidency, to free up 20 billion euros ($19.8 billion) of carbon allowances. About 75% ...

Bloomberg Far more Russians have fled abroad than have enlisted in the military since President Vladimir Putin announced a mobilization to bolster his faltering invasion of Ukraine. Defense Minister Sergei Shoigu said more than 200,000 people have been conscripted into the army since Putin’s Sept. 21 order for a partial call-up, Russian news services reported Tuesday. That matches an exodus ...

  Abu Dhabi / WAM AD Ports group’s Safeen group and Amaan Baghdad company signed an agreement to support a new project relating to fuel oil transport and storage from Khor Al Zubair and Umm Qasr oil terminals in Iraq. The project represents a significant extension of Safeen group’s portfolio of dedicated products and services in the oil and gas ...

  Dubai / WAM DP World has launched the Global Business Corporation (GBC), a new strategic arm focused on supporting large companies in achieving their growth ambitions. The initiative, which is set to further raise Dubai’s profile as a preferred global business destination, invites companies to enhance their international operating models with a base in the emirate. Driven by the ...

Dubai / WAM The Ministry of Human Resources and Emiratisation (MoHRE) has announced the launch of the Customer First Forum, which comprises virtual sessions scheduled on a weekly basis to respond to queries of the employers and employees in the private sector and UAE nationals seeking employment. The Customer First Forum aims to listen to the feedback of all parties ...

  Abu Dhabi / WAM Abu Dhabi Waste Management Centre (Tadweer) announced that it has produced more than 1 million tonnes of products recycled from waste materials collected in the emirate of Abu Dhabi during the first half of 2022. This comes in line with Abu Dhabi’s strategy to promote sound waste management and recycling, and its aim to convert ...

  ABU DHABI / WAM In a move that improves the quality of services provided to customers and enhances the efficiency of the public parking system, the Integrated Transport Centre (ITC) of the Department of Municipalities and Transport (DMT) in Abu Dhabi, has announced the commencement of upgrading of all parking payment machines to a 5G smart system. The system ...

Dubai / WAM The Higher Committee of the Al Quoz Creative Zone on Sunday approved the master plan for the Al Quoz Creative Zone during a meeting chaired by HH Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture) and Member of the Dubai Council. The master plan provides a comprehensive blueprint ...

  Abu Dhabi / WAM The Global Media Congress (GMC), taking place in Abu Dhabi from November 15-17, has been strengthened by the addition of the Media Labs, an innovative new concept. These invitation-only roundtables will center around a thorough debate on key themes relating to the future of the media industry. Welcoming up to 50 participants from different regions, ...

  Abu Dhabi / WAM The Ministry of Culture and Youth participated in the Unesco World Conference on Cultural Policies and Sustainable Development – MONDIACULT 2022, which took place in Mexico. A delegation headed by Salem Al Qasimi, Permanent Delegate of the UAE to Unesco, represented the UAE at the conference, while Noura bint Mohammed Al Kaabi, Minister of Culture ...