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  Bloomberg Venezuela probably grew 4% in 2021, signalling an “economic recovery” in 2022, President Nicolas Maduro said in his annual state of the union speech, maintaining his firm grip for a ninth year on a mandate considered illegitimate by the opposition, the US and several European countries. “I can state that Venezuela, after five years of economic warfare, has ...

  ABU DHABI / WAM The Abu Dhabi Chamber of Commerce and Industry, in cooperation with Korea International Trade Association (Kita), organised a Business Roundtable between Emirati and Korean businesses operating in the renewable energy and green hydrogen sectors, in line with the ongoing Abu Dhabi Sustainability Week 2022. The business roundtable witnessed the attendance of Honorable Moon Jae-in, President ...

  Dubai / WAM The production capacity of the first project of the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park has increased from 300 megawatts (MW) to 330MW, announced Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (Dewa). This results from using the latest solar photovoltaic bifacial technologies with Single Axis ...

  Dubai / WAM Breakbulk Middle East (BBME), the region’s largest breakbulk and project cargo event, will host the ‘Women in Breakbulk Breakfast, as part of its commitment to increase the female participation. The forum will feature top female executives, who will discuss ways to overcome challenges they face in the sector. They will also offer insights and tips to ...

  Bloomberg Russia has nothing to do with the energy crisis in Europe, Deputy Prime Minister Alexander Novak said, rejecting allegations from the International Energy Agency this week that it’s holding back supplies and driving up prices of natural gas. “Neither Russia nor our main exporter Gazprom have anything to do with this,” Novak told state television, according to the ...

  Bloomberg The Biden administration warned Russian actors are preparing potential sabotage operations against their own forces and fabricating provocations in social media to justify an invasion into Ukraine if diplomacy fails. As part of the plan, President Vladimir Putin’s government has prepositioned operatives trained in urban warfare and in using explosives, possibly to carry out acts of sabotage against ...

  ABU DHABI / WAM Chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the cabinet approved the Executive Regulations of the Federal Decree Law on Regulation of Labour Relations and the Executive Regulations of the Federal Law regarding the regulation and protection of industrial property rights. ...

  Abu Dhabi / WAM The Abu Dhabi National Exhibitions Company (Adnec) has finalised its preparations to host the World Future Energy Summit 2022 (WFES) and its co-located events including WFES Energy, WFES Water, WFES Solar, ecoWASTE Exhibition and Forum, WFES Smart Cities, and WFES Climate and Environment, at the Abu Dhabi National Exhibition Centre (Adnec) from January 17 to ...

  BRASILIA / WAM A delegation from the Emirates News Agency (WAM) and several Brazilian media outlets discussed strengthening their media cooperation and exchanging news. Their discussions took place during the visit of the delegation, led by Mohammed Jalal Al Rayssi, Director-General of WAM, to Brazil, which follows the signing of a joint cooperation agreement at Expo 2020 Dubai in ...

  Bloomberg French and German electricity prices jumped after Electricite de France SA revised down the production forecast for its nuclear fleet that’s vital to keep the lights on in Europe. The world’s biggest producer of nuclear power reduced its estimate by about 8% after finding defects at some reactors. It’s another blow to Europe which is already facing an ...