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Getex 2020 opens in Dubai

DUBAI / WAM Jameela bint Salem Al Muheiri, Minister of State for Public Education, inaugurated the Global Education & Training Exhibition (Getex), Middle East’s leading education exhibition and a student recruitment event. Held at the Dubai International Convention and Exhibition Centre, the opening ceremony was attended by Dr Abdulla Al Karam, Director-General of Knowledge and Human Development Authority (KHDA), other ...

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UAE, US sign key pact on judicial cooperation in criminal affairs

  ABU DHABI / WAM The UAE and the US signed a judicial cooperation agreement covering mutual legal assistance in criminal affairs, which is the first agreement of its kind in the Gulf Cooperation Council (GCC) region. The agreement was signed by Abdullah bin Sultan bin Awad Al Nuaimi, Minister of Justice, and Sean Murphy, Foreign Affairs Attaché at the ...

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Borouge’s new polypropylene unit starts operations at Ruwais

  ABU DHABI / WAM Borouge, a joint venture between Adnoc and Borealis that provides innovative, value-creating polyolefin solutions, has announced the successful start-up of its new fifth polypropylene unit (PP5) in Ruwais. The new unit will boost the UAE’s polypropylene production to meet the growing global demand for manufactured products in the recyclable advanced packaging, infrastructure, and other industrial ...

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UAE, US sign judicial cooperation pact on criminal affairs

  ABU DHABI / WAM The UAE and the US signed a judicial cooperation agreement covering mutual legal assistance in criminal affairs, which is the first agreement of its kind in the Gulf Cooperation Council (GCC) region. The agreement was signed by Abdullah bin Sultan bin Awad Al Nuaimi, Minister of Justice, and Sean Murphy, Foreign Affairs Attaché at the ...

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Thailand’s PTT opens new trading office at ADGM

  ABU DHABI / WAM PTT’s new trading office was opened by the PTT Chairman, CEO and Board of Directors, who travelled to Abu Dhabi to mark the milestone, alongside representatives from Adnoc, IFAD and ADGM. PTT is Thailand’s largest corporation and the only Thai company listed in Fortune Global 500. PTT becomes part of the growing energy trading community ...

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Australia’s NSW, UAE sign pact for agrifood innovation at Expo 2020

  DUBAI / WAM The Australian state of New South Wales (NSW) has showcased its agrifood innovation and manufacturing capabilities to strengthen further its ties with the UAE at a dinner event held at the Australia Pavilion at Expo 2020 Dubai. The event was led by the newly appointed Vish Padmanabhan, NSW Senior Trade Commissioner to India and the Middle ...

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War in Ukraine risks displacing 1 million, straining EU’s east

Bloomberg Europe is bracing for what could be an exodus of more than a million refugees after Russia launched a full-scale attack on Ukraine, as officials say any initial strain will be borne by member states on the bloc’s eastern frontier. The order of a full-scale invasion from President Vladimir Putin, triggering one of the worst security crises in Europe ...

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American Electric Power plans to sell US wind, solar farms

  Bloomberg American Electric Power is planning to sell some or all of its renewable energy portfolio in order to focus on its core utility business. “This move will simplify and de-risk the company while allowing us to redeploy capital to our regulated businesses, where we see a meaningful pipeline of investment opportunities to enhance service for customers across our ...

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Burger King franchisee cuts portion sizes over inflation

  Bloomberg Carrols Restaurant Group Inc, the largest Burger King owner in the US, is cutting its chicken-nugget portion sizes as surging beef and wage costs hit profit. Beef costs were up 33% in the fourth quarter compared with a year earlier for Carrols, which owns more than 1,000 Burger King stores. It’s a big deal for the seller of ...

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Sunak makes low-tax pitch as UK leadership question looms

  Bloomberg Chancellor of the Exchequer Rishi Sunak laid out a vision to cut taxes in the UK, establishing his credentials as a Thatcherite who can appeal to the members of his Conservative Party who are questioning Prime Minister Boris Johnson’s leadership following a succession of scandals. “I firmly believe in lower taxes,” Sunak said at the annual Mais lecture ...

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