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Bloomberg German Chancellor Olaf Scholz called for more countries to join international efforts to isolate Russia, saying President Vladimir Putin must not be allowed a victory in Ukraine that could embolden other warmongers. Scholz’s plea came as the European Union struggles to maintain a united front in talks over further sanctions against Moscow, and many emerging powers in Asia, Africa ...

  Bloomberg The gap in inflation experienced by the richest and poorest households in the UK has expanded to its widest level in at least 16 years, according to a report by the Resolution Foundation think-tank. Soaring energy bills as well as higher food costs have sent the UK’s overall inflation rate to a 40-year high of 9%. But headline ...

  Abu Dhabi / WAM The UAE began a new era of clean energy production and climate neutrality by producing the first kilowatt (KW) of energy from waste, through the inauguration of the Sharjah Waste-to-Energy Plant. The plant, the first of its kind in the region, will help turn nearly 300,000 tonnes of waste into energy annually, producing 30 megawatts ...

  Dakar / WAM The Zayed Charitable and Humanitarian Foundation (Zayed CHF) laid the foundation stone of the Sheikha Fatima Motherhood and Childhood Hospital in Dakar. The ceremony took place during the visit of Hamad Salem bin Kardous Al Ameri, Director-General of Zayed CHF, to Senegal to lay the hospital’s foundation stone, in the presence of Madior Diouf, Minister of ...

  Abu Dhabi / WAM The UAE Space Agency is participating in the Global Aerospace Summit 2022, hosted by Mubadala Investment Company until May 27 at Emirates Palace Hotel, with the participation of leaders in the aviation, space, and defence sectors from around the world. The summit, held under the theme of “prosperity supported by digital technologies,” will outline the ...

  Bloomberg British consumers will face another sharp jump in their power and gas bills just before winter, adding to surging costs of almost everything from food to petrol. The energy price cap is likely to soar to a record £2,800 ($3,499) in October, Ofgem CEO Jonathan Brearley told a panel of lawmakers. That will send about 12 million households ...

Bloomberg North Korea appears to have fired an intercontinental ballistic missile (ICBM) in a defiant show of force just hours after US President Joe Biden wrapped up a visit to the region, testing his efforts to strengthen defense ties with South Korea and Japan. South Korea said a suspected ICBM reached an altitude of about 540 kilometres (335 miles) and ...

  Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council and Chairman of the Board of Trustees of the Dubai Future Foundation (DFF), has announced that Dubai will host the Dubai Future Forum on October 10-11, at the Museum of the Future. The forum will convene 400 ...

New York / WAM At a meeting of the UN General Assembly, the 193 member states of the United Nations paid tribute to the late president of the UAE, Sheikh Khalifa bin Zayed Al Nahyan. In his opening remarks to the UN membership, António Guterres, Secretary-General of the UN, said, “At this time of mourning, let us take inspiration from ...

Abu Dhabi / WAM Strategic relations between Abu Dhabi Development Fund for Development (ADFD) and the government of Jordan date to 1974, when ADFD financed the first project in the country. Thereafter, the fund financed hundreds of development projects in vital sectors, whose total value stands at about AED6.5 billion. These projects collectively raised the standard of living in Jordan ...