News

Bloomberg Ukraine warned of widespread blackouts after a massive wave of Russian missile attacks on Monday damaged power and water supplies across the country including in the capital Kyiv. The Kremlin meanwhile warned that grain shipments would be “much riskier and more dangerous” after it pulled out of a deal allowing Ukrainian exports from Black Sea ports following an attack ...

A handful of very tight races will determine control of the US Senate with the result unclear just days before the midterm elections. A New York Times/Siena College poll released Monday shows Democratic candidates ahead by slim margins in Georgia and Pennsylvania and tied with the Republican challenger in Nevada. Only the Arizona race shows a more comfortable lead for ...

Luiz Inacio Lula da Silva won Brazil’s presidential election in a dramatic comeback for the left-wing politician who was languishing in a jail cell for corruption just three years ago. He defeated the incumbent Jair Bolsonaro with 50.9% to 49.1% of the votes in Sunday’s runoff, according to the official tally. The outcome signals a change in direction for Latin ...

Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), announced that the entity had added 300 megawatts of photovoltaic solar energy in 2022 from the 5th phase of the Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest single-site solar park using the Independent Power Producer (IPP) model. The solar park ...

Dubai / WAM Emirates Central Cooling Systems Corporation (Empower) has announced the price range and start of the subscription period for its initial public offering (IPO) on the Dubai Financial Market (DFM). The price range for the offering has been set between AED1.31 and AED1.33 per share, a company statement said on Monday. The total offering size is expected to ...

BAHANAG / WAM In the presence of King of Malaysia Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, the Emirates Red Crescent (ERC) has inaugurated the first phase of the housing project dedicated to people affected by floods that swept the state of Pahang last year. The fully serviced 123 housing units were built under the directives of President His Highness Sheikh ...

Gujarat / WAM     Narendra Modi, Prime Minister of India, on Sunday laid the foundation stone of the C295 aircraft manufacturing facility – the first aircraft manufacturing facility in India’s private sector. Asian News International quoted the Indian Prime Minister as saying that India is becoming a big manufacturing hub for the world. “Transport aircraft will give strength to our forces, ...

Abu Dhabi / WAM  The Federal Tax Authority (FTA) launched a mechanism for refunding value added tax (VAT) incurred on building and operating mosques on the FTA’s e-Services portal, in light of cabinet decision No. (82) of 2022 in that regard, which came into force on October 29, covering all mosques in the UAE, provided that the refund applications are ...

Manila / WAM As the global community will gather in Sharm el-Sheikh, Egypt, for the COP27 climate conference, on November 6, the Asian Development Bank (ADB) announced that it will launch several flagship initiatives at the key decision-making forum of United Nations Framework Convention on Climate Change (UNFCCC), which aims to reduce greenhouse gas emissions and address climate change and ...

Abu Dhabi / WAM  The 2022 Opec World Oil Outlook (WOO) will be launched at the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) 2022 in Abu Dhabi on Monday, October 31. Opec’s Secretary General, Haitham Al Ghais, along with Opec experts, will present the major findings of the WOO 2022, as well as introduce a video with key messages ...