Bloomberg US President Joe Biden called for the ouster of Vladimir Putin, an unscripted and revealing aside that risks feeding the Russian president’s narrative that the conflict is in fact an effort to remove him from power, not simply to stop his invasion of Ukraine. Biden took the stage in Warsaw to deliver one of the most consequential speeches of ...
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ADFD finances projects worth AED692 million in Bangladesh
Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) and the government of Bangladesh have enjoyed close relations for more than 40 years. The ties enabled ADFD to drive development in Bangladesh through financing major developmental projects amounting to AED692 million. The initiatives covered sectors such as agriculture, energy, industry, transport and water. Moreover, ADFD also holds a ...
Read More »DMCC to install solar panel parking shades in JLT district
DUBAI / WAM DMCC — the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, and Master Developer of the JLT District — has announced that it will install solar car shades across the majority of the Jumeirah Lakes Towers (JLT) district’s cluster car parking areas. Once the 6.3MW project is complete, JLT will ...
Read More »Ministry to develop national policy to combat health risks
DUBAI / WAM Ministry of Health and Prevention (MoHAP) organised, in coordination with the World Health Organisation (WHO), a two-day workshop on strengthening national capabilities in emergency response and developing the national policy to combat health risks to reinforce the capacities of preparedness, prediction, and early warning. Discussions touched on health risks in emergencies nationwide and at the health ...
Read More »Germany to wean itself off Russian oil, gas in next 2 years
Bloomberg Germany plans to stop almost all Russian oil imports this year and broadly wean itself off the country’s gas by mid-2024, a hugely ambitious plan that poses complex logistical hurdles for Europe’s biggest economy. As Economy and Climate Minister Robert Habeck unveiled the plan, he once again made clear that Germany will not back an immediate embargo on Russian ...
Read More »It’s China’s ‘Nobel Prize moment’ to stop war, says UN official
Bloomberg Chinese President Xi Jinping has an opportunity to make history in pushing for a resolution to the war in Ukraine, the United Nations’ most senior official in China said, encouraging Beijing to take a more active part in ending the bloodshed. “I see China as a country which can play an important role in mediating the crisis,†Siddharth Chatterjee, ...
Read More »UAE’s N-energy program a global model for eco-friendly energy
Abu Dhabi / WAM A number of top officials have said that the UAE Peaceful Nuclear Energy Programme has become an international model for the production of environmentally friendly energy, as it provides a rapid approach to reducing the carbon footprint of the energy sector in the country, as well as enhancing energy security, contributing to the resilience of ...
Read More »UAE is key digital economy partner for LatAm: Experts
DUBAI / WAM The UAE is an essential digital economy partner for Latin America, according to industry leaders speaking at fourth edition of the Global Business Forum Latin America (GBF Latam 2022) in Dubai. A panel session at the forum entitled Empower – Fostering A Digital Economy was joined by Min Chen, co-founder and Chief Executive Officer of Wisy, ...
Read More »Pakistan celebrates National Day at Expo 2020 Dubai
DUBAI / WAM Pakistan celebrated its National Day at Expo 2020 Dubai showcasing its young musical talent, alongside a focus on strong bilateral ties, trade and economy. Najeeb Mohammed Al-Ali, Executive Director, Expo 2020 Dubai Commissioner General Office, welcomed Afzaal Mahmood, Ambassador of Pakistan to the UAE and Commissioner General, Pakistan Pavilion. Al-Ali said, “The Pakistan Pavilion ignites meaningful ...
Read More »India’s ministry considers exempting some projects from solar import taxes
Bloomberg India’s renewable energy ministry has backed a demand to shield some projects from impending taxes on solar equipment imports, after generators said the added costs will slow the nation’s shift to clean energy. “We have requested Ministry of Finance to consider grandfathering of basic customs duty for projects bid out before March 9, 2021,†the renewable energy ministry said ...
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