North Korea fired at least 23 missiles Wednesday including the first ballistic one to fly over a nautical border with South Korea, in its biggest daily barrage under leader Kim Jong Un. The launches came about a day after Pyongyang threatened to take “powerful measures†if the US doesn’t halt military drills with partners including South Korea, in what might ...
Read More »News
Poland starts building fence on border with Russia
Poland started building a barbed-wire fence on its 210-kilometer (130-mile) border with Russia’s Kaliningrad region to prevent the Kremlin from sending asylum-seekers into the country, Defense Minister Mariusz Blaszczak said. With the airport in Kaliningrad open to flights from North Africa, Poland sees the risk of another migration crisis, similar to what happened with Belarus last year, he told reporters ...
Read More »Macron to make it easier to build nuclear reactors in France
President Emmanuel Macron wants to streamline rules to build new nuclear reactors faster as maintenance issues beset France’s aging atomic facilities and the energy crisis spurs the country to accelerate the shift away from fossil fuels. His government is seeking parliament’s approval for legislation that would reduce overall construction time by more than two years by speeding up the decision ...
Read More »UAE, US sign $100bn deal to create clean energy
Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has witnessed the signing of a comprehensive strategic partnership between the UAE and the US to accelerate the energy transition, advance shared climate goals and strengthen global energy security. UAE Minister of Industry and Advanced Technology and Special Envoy for Climate Change Dr. Sultan Al Jaber and ...
Read More »Edge, Enekom partner to expand regional railway capability, scope
Abu Dhabi / WAM Edge group entity, Jaheziya, a single-stop service provider for defence solutions and emergency response services, and Enekom, a Turkish company leading in rail technology, research, development and engineering, on Tuesday signed a partnership to expand railway solutions and technology in the region. As per the agreement, Jaheziya will be Enekom’s exclusive distributor of the patented RailAcoustic ...
Read More »UAE’s real GDP to grow by 5.9% in 2022: World Bank
Abu Dhabi / WAM The World Bank has hailed the UAE’s “favourable business environment and world-class infrastructure”, expecting the country’s real GDP to grow by 5.9% in 2022. This came as the World Bank announced its new Gulf Economic Update (GEU) where it said higher oil receipts supplemented with a gradual non-oil recovery in the Emirates will bolster fiscal revenue ...
Read More »du 9-month revenues up 10.5% to AED3.17 billion
Dubai / WAMÂ du, from Emirates Integrated Telecommunications Company (EITC), has published its financial results for the quarter-ended September 30. Revenues increased by 10.5% to AED3.17 billion on sustained demand for broadband and mobile services. Ebitda increased by 18.5% year-over-year to AED1,303 million. The increase in service revenues (and its inherent higher profitability) lifted the gross margin to 65.2% compared ...
Read More »North Korea threatens US with ‘powerful measures’ after drills
North Korea threatened to unleash a powerful action if the US does not halt joint military drills with partners including South Korea, in what might be an effort by Kim Jong Un to lay the groundwork for his first nuclear test in five years. “If the US continuously persists in the grave military provocations, the DPRK will take into account ...
Read More »Turkey stalls Sweden’s Nato bid ahead of Stoltenberg visit
Turkey isn’t satisfied with promises made by Sweden to crack down on Kurdish separatists and is unlikely to lift its objections to the nation’s Nato membership bid unless it takes more definitive steps, Turkey’s ruling AK Party spokesman Omer Celik said. “These statements of Sweden are good, but not enough until they are implemented,†Celik said late Monday. “We are ...
Read More »Brazil protesters block roads, airport as Bolsonaro stays silent
Protests by backers of Jair Bolsonaro, led by truck drivers, have spread across the country as the Brazilian president remains silent over his loss in Sunday’s election, so far refusing to concede defeat to his foe Luiz Inacio Lula da Silva. Supporters of the firebrand president, unhappy with the election result, blocked more than 200 roads across more than a ...
Read More »