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Abu Dhabi set to host ‘Union Fortress 9’ military parade

ABU DHABI / WAM Abu Dhabi is set to host the ninth edition of the ‘Union Fortress 9’ military parade under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan. The announcement came during a preparatory meeting, held under the chairmanship of Major General Ali Saif Al Kaabi, Deputy Commander of the Presidential Guard, and several Ministry ...

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DP World announces first commercial use of its Boxbay system

DUBAI / WAM DP World has announced the first commercial use of its revolutionary Boxbay High Bay Storage (HBS) system at South Korea’s Pusan container terminal, which is world’s sixth-largest container port. This pioneering technology has put Dubai in the spotlight globally as DP World, a leading provider of smart end-to-end supply chain logistics, continues to adopt innovative ways to ...

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European energy prices jump as French nuclear concerns return

BLOOMBERG European energy prices rose amid fresh concerns about corrosion in France’s nuclear fleet, against a backdrop of strikes throughout the country and a cold snap elsewhere in the region. French power for next year jumped as much as 7.9%, the most since late January. Benchmark front-month Dutch natural gas also advanced. Electricite de France SA must review its program ...

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