BLOOMBERG Ukrainian officials are signaling that the besieged eastern city of Bakhmut may soon be impossible to defend as Russian troops level the area. “The enemy is gradually destroying everything that can be used to protect our positions, for reinforcement and defense,” Volodymyr Zelenskiy said in a video address Monday evening. The top commander in charge of Ukraine’s ground forces, …

ABU DHABI / WAM Al Yah Satellite Communications Company (Yahsat) on Tuesday announced its consolidated financial results for the fourth quarter and full year for 2022. For the twelve-month period, Yahsat delivered growth in revenue and adjusted Ebitda, which increased 6% and 7% respectively year-on-year, meeting and exceeding financial guidance targets. Highlights for the full year include revenue of AED1.6 …

DUBAI / WAM The “1 Billion Meals” initiative, the region’s largest food donation drive to support the underprivileged and undernourished in 50 countries across four continents, on Tuesday announced the completion of the distribution of 5.4 million meals in Rohingya refugee camps in Bangladesh, in collaboration with the United Nations’ World Food Programme (WFP). Thanks to the partnership between Mohammed …