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  ABU DHABI / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, received on Monday, Lieutenant-General Mohammed Zaki, Commander-in-Chief of the Egyptian Armed Forces and Egypt’s Minister of Defense and Military Production, during his official visit to the UAE. The visit is part of the ongoing cooperation between the two countries with the aim of discussing ...

  Bloomberg Oil reversed course as the dollar shed some of its strength and risk-on sentiment lifted equity markets. The global oil benchmark rose 1% to trade near $87 a barrel on Monday. Earlier, Brent slipped below $85 a barrel and West Texas Intermediate falls below $80 as the dollar hit an all-time high, which makes commodities priced in the ...

Bloomberg Giorgia Meloni struck a conciliatory tone after her election win, pledging to govern for all Italians as she was poised to lead the country’s most right-wing government since World War II. Meloni’s coalition, which includes Matteo Salvini’s League and Silvio Berlusconi’s Forza Italia parties, was credited with about 44% of votes in Sunday’s elections, according to preliminary results from ...

ABU DHABI / WAM UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, and German Chancellor, Olaf Scholz, have witnessed the signing of a new Energy Security and Industry Accelerator (ESIA) Agreement that will accelerate projects of joint interest between the UAE and Germany in energy security, decarbonisation and climate action. The agreement was signed by Dr Sultan Ahmed ...

  Dubai / WAM The world is at a crucial turning point where, if meaningful action is not aggressively pursued, climate change will have devastating consequences for the survival of the planet and the human race. Though concrete steps have been taken in the last few years to combat these adverse effects, this challenge requires expanded initiatives, strengthening international cooperation, ...

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan will begin a two-day state visit to the Sultanate of Oman on Tuesday. During his second state visit as President, His Highness Sheikh Mohamed will meet with the Sultan of Oman, His Majesty Sultan Haitham bin Tariq, to build upon the longstanding, brotherly ties and cooperation ...

  New York / WAM In her address at the 77th session of the United Nations General Assembly, Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, stated that innovation is needed to strengthen the current world order and help crisis-affected countries play constructive roles in addressing global challenges. Below is the text of the UAE’s address at ...

Bloomberg Grilled by reporters at the United Nations General Assembly about what comes next in Russia’s invasion of Ukraine, Foreign Minister Sergei Lavrov had simple advice. “You should read Putin more often and carefully,” he told a journalist who asked about Moscow’s endgame for the seven-month-old conflict, directing the questioner to Putin’s speeches for guidance. The Russian president’s public comments ...

  ABU DHABI / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said that the start-up of Unit 3 of Barakah Nuclear Energy Plant contributes to achieving one of the most important objectives of the UAE vision and strategy for the energy sector by playing a key role in promoting the transition to safe and environmentally friendly ...

  ABU DHABI / WAM Borouge petrochemical company on Friday announced the General Assembly approval for its 2022 interim dividend payment of $325 million (AED1.2 billion) equivalent to 3.97 fils per share. The interim dividend will be paid to shareholders of record on October 03 and is the first payment of the expected total FY 2022 dividend of $975 million ...