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  Abu Dhabi / WAM The Environment Agency – Abu Dhabi (EAD) has successfully planted one million mangrove seeds using drones as part of the first phase of a drone mangrove plantation project supporting the Abu Dhabi Mangrove Initiative. The Abu Dhabi Mangrove Initiative was announced in February 2021 during Prince William, the Duke of Cambridge’s landmark visit to the ...

  Abu Dhabi / WAM Under the directive of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Court, on Thursday appointed Dr Sultan Ahmed Al Jaber as President-Designate for the 28th Conference of the Parties (COP28). Shamma Al Mazrui, UAE Minister of State for Youth ...

  Abu Dhabi / WAM Khalifa Shaheen Al Marar, Minister of State, met with Dr Mahdi Safari, Deputy Foreign Minister for Economic Diplomacy of the Islamic Republic of Iran, and an accompanying economic delegation at the headquarters of the Ministry of Foreign Affairs and International Cooperation in Abu Dhabi. A series of meetings was held to discuss the potential for ...

  Bloomberg The largest known deposit of rare earth minerals in Europe has just been discovered in Sweden’s Arctic, with potential to help the continent break free from China’s dominance on the market for the resources. The deposit, found by Swedish state-owned mining company LKAB, contains more than 1 million tons of rare earths, according to a statement on Thursday. ...

  Bloomberg Taiwan Semiconductor Manufacturing Co. is bracing for weaker-than-expected sales by reducing spending, deepening concerns the technology industry’s slump is yet to bottom. The chip giant signaled this quarter could mark its first revenue drop in four years. But executives forecast slight growth for the full year on an expected recovery in demand for server chips. The company is ...

  Bloomberg An expansion of Tesla Inc.’s plant in Shanghai has been delayed, according to people familiar with the matter, over data concerns that risk putting a roadblock in the way of the US electric-car maker’s ambition to keep growing in China. The so-called phase-three expansion originally slated to start mid-year would have seen the plant’s capacity double to around ...

  Bloomberg Malaysia, the world’s second-biggest palm oil producer, will consider halting exports to the European Union in retaliation for the bloc’s new deforestation regulation, according to the country’s deputy prime minister. The regulation is an act to block market access for palm oil and Malaysia will discuss with Indonesia — the top producer and exporter — about the option ...

Bloomberg The European Union and the UK are preparing to enter an intense phase of negotiations starting next week aimed at overcoming the dispute over the post-Brexit trading relationship well ahead of the anniversary of Northern Ireland’s peace agreement in April, according to people familiar with the matter. The aim is to move into a negotiating “tunnel” after UK foreign ...

  Bloomberg Russian Defense Minister Sergei Shoigu changed the military leadership in Ukraine, appointing Valery Gerasimov, the chief of the General Staff, as head of the nation’s combined forces. General Sergei Surovikin, who had held the post since October, will become one of Gerasimov’s deputies, the Defense Ministry said in a statement Wednesday. Oleg Salyukov, chief of the land forces, ...

ABU DHABI / WAM In the presence of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has bestowed the ceremonial Mohammed bin Rashid’s Scarf upon HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the ...