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Johnson quits after months of scandals hammer UK Tories

Bloomberg Boris Johnson has resigned as UK prime minister, bringing the curtain down on a tempestuous three years in office marred by a succession of scandals that culminated in the rebellion of his own cabinet and parliamentary group. Johnson, 58, bowed to the inevitable after the mass resignation of members of his government, including Chancellor of the Exchequer Rishi Sunak, ...

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AD Ports-SEG JV to set up logistics, food trading hub in Uzbekistan

  Tashkent / WAM AD Ports group announced the launch of a joint venture with SEG, one of the largest oil and gas companies in Uzbekistan, to open new logistics and freight businesses and signed a memorandum of understanding (MoU) to develop a food trading hub in Uzbekistan. At a signing ceremony in Tashkent, the two companies signed the key ...

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Emerge, Miral to deliver clean energy to ‘SeaWorld Abu Dhabi’

  Abu Dhabi / WAM Emerge, a joint venture between the UAE’s Masdar and France’s EDF, announced on Wednesday that it has signed an agreement with Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, to deploy on-site solar energy systems at the SeaWorld Abu Dhabi theme park currently under construction on Yas Island. The project, which will have ...

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Barakah plant provides clean electricity, solution for climate change

  Abu Dhabi / WAM Energy security has rapidly become the number one priority for nations around the world in light of current geopolitical issues leading to rapidly escalating energy prices. These rises, coupled with spiralling inflation, are adding pressure to many national energy systems around the world and the knock-on impact for consumers cost of living is clear. However, ...

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EGA to install highly-automated cranes in Jebel Ali

  Abu Dhabi / WAM Emirates Global Aluminium (EGA) on Wednesday announced the company is to install highly-automated, multi-functional overhead cranes in Jebel Ali in a step towards full automation of cranes used for reduction cell tending, and securing operations for decades ahead. EGA is replacing 16 cranes that have completed their 25-year useful lives with just 14 new models ...

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Rebel Tories plot move against Boris Johnson as ministers quit

Bloomberg Boris Johnson could face a leadership challenge as soon as next week as rank-and-file Conservative MPs meet Wednesday to discuss whether to allow a fresh confidence vote. Members of the Tory 1922 Committee will meet at 5 p.m. to discuss Johnson, a person familiar with the matter said. If there is a majority in favor of another confidence vote, ...

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Tecom group begins trading on Dubai Financial Market

Dubai / WAM Tecom group announced that it has been successfully listed on the Dubai Financial Market (DFM) on Tuesday, beginning its first day of trading under the ticker symbol “TECOM”. Tecom group has successfully raised approximately AED1.7 billion through an initial public offering (IPO). The final offer price of the global offering was AED2.67 per ordinary share, and the ...

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ADU partners with UK’s university in teaching, research

  Abu Dhabi / WAM Abu Dhabi University (ADU) announced a new partnership with the University of Reading, one of the United Kingdom’s (UK) top 30 universities and a world leader in research and teaching in agriculture, food science and climate change. The university’s work on climate change has been recently honoured with a Queen’s Anniversary Prize, the highest national ...

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Jewels of Emirates Show records more than 5,000 visitors

  Sharjah / WAM The 3rd edition of the Jewels of Emirates Show, organised by Expo Centre Sharjah with the support of the Sharjah Chamber of Commerce and Industry (SCCI), has concluded on a high note after four days of fantastic show, attracting over 5,000 visitors from across the UAE. The event has brought together some 20 designers and around ...

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Turkey renews threat to veto Sweden, Finland’s Nato bids

Bloomberg Turkey is threatening to veto Nato membership for Sweden and Finland even as the military alliance formally paved the way for the two Nordic countries to join. Turkey will not ratify membership of the North Atlantic Treaty Organization for the applicants if they don’t fufill their promises to combat terrorism and extradite suspects under a memorandum of understanding reached ...

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