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DP World investments hit AED37.3bn since 2012

DUBAI / WAM DP World has invested more than $10 billion (AED37.3 billion) in the global logistics sector since 2012, making it one of the top five overseas investors in this period, according to the latest foreign direct investment (FDI) data released by leading industry consultants. The FT’s FDI Intelligence recently published its top five list for 2022, which ranks ...

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UAE’s minister urges investment and action for water sustainability at UN

DUBAI / WAM Mariam bint Mohammed Almheiri, the Minister of Climate Change and Environment, emphasised the importance of collaboration, data sharing and investment in achieving global solutions for promoting water sustainability in an interactive dialogue and side sessions at the United Nations in New York. The UN 2023 Water Conference brought together global leaders and experts to identify innovative solutions ...

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Putin says Russia to station nuclear weapons in Belarus

BLOOMBERG President Vladimir Putin said Russia is preparing to station tactical nuclear weapons in neighbouring Belarus, escalating a confrontation with the US and its allies over the war in Ukraine. Moscow isn’t handing control of the weapons to Belarus, and won’t be in breach of its non-proliferation obligations under an agreement with Belarusian President Alexander Lukashenko, Putin said in comments ...

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