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  Bloomberg The US and South Korea began on Monday their biggest joint military exercise in about five years, after a hiatus on large-scale drills failed to entice North Korea’s Kim Jong Un to make concessions in disarmament talks. The drills known as Ulchi Freedom Shield are expected to involve thousands of military personnel, and will run for two weeks. ...

AL ALAMEIN, Egypt / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has arrived in Al Alamein City on a fraternal visit to the Arab Republic of Egypt. Upon his arrival at Al Alamein International Airport, President His Highness Sheikh Mohamed bin Zayed was received by President of Egypt, Abdel Fattah el-Sisi. While welcoming President HH Sheikh Mohamed ...

  Dubai / WAM The 8th World Green Economy Summit (WGES), to be held in Dubai, will focus on developing investment partnerships in green projects and financing. It will promote investment and employment opportunities provided by the green economy. During the summit, several local and global high-profile participants, including heads of states and governments, as well as prominent global speakers, ...

  Dubai / WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has issued Law No. (6) of 2022 affiliating Dubai Media Incorporated (DMI) to Dubai Media Council and endorsing its objectives, tasks, and organisational structure. DMI was established pursuant to Law No. (8) ...

  Bloomberg A drone struck the headquarters of Russia’s Black Sea fleet in occupied Crimea on Saturday, days after unexplained explosions at nearby military facilities. No injuries were reported. The drone struck the roof of Russia’s Black Sea fleet headquarters in Sevastopol, Crimea, the region’s governor said on Telegram. No injuries were incurred, according to the Russian state news service ...

Bloomberg Drought and extremely high temperatures made worse by climate change across Europe have led to record levels of fire activity in the continent, with blazes burning through an area roughly equivalent to one-fifth of Belgium. Wildfires in the European Union have consumed 660,249 hectares (1,631,511 acres) of land for the year through August 13, according to data from the ...

  Abu Dhabi / WAM The emirate of Fujairah was ranked first in the “Safety Index by City” compiled by Numbeo, which provides regular statistics on economic, social and safety areas worldwide. Fujairah received a score of over 93 percent, outperforming 466 international cities, which is attributed to its high living standards and the significant support of His Highness Sheikh ...

  Abu Dhabi / WAM The total premiums of insurance companies listed in local financial markets in the first half of 2022 increased by 7.64% year-on-year, equivalent to AED1.11 billion, while their net profits totalled AED817.8 million. According to the disclosure reports of 28 national insurance companies, the total value of premiums increased from AED14.563 billion in the first half ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa)’s Asset Health Centre consolidates preventive and proactive maintenance in the water network through gathering and analysing data and providing needed recommendations to enhance the health and life cycle of assets (pumps, engines, pipes, water reservoirs and others). It also forecasts defects using artificial intelligence and machine learning algorithms. Dewa uses ...

Bloomberg PetroChina Co, the country’s biggest oil and gas producer, is weighing a plan to carve out its marketing and trading business and seek a separate listing, people with knowledge of the matter said. China National Petroleum Corp (CNPC), the state-owned parent of PetroChina, has asked external consultants to provide proposals on the feasibility of such a plan, said the ...