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Expo City Dubai to usher in new era with October 1 opening

  Dubai / WAM Expo City Dubai is gearing up to open on October 1, building on Expo 2020 Dubai’s pledge to inspire future generations. Ahead of the official opening of the Expo City Dubai site in October, visitors are invited to experience two of its most popular pavilions from September 1, with the re-opening of Alif – The Mobility ...

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Uniper seeks $4.1bn from state lender as liquidity deteriorates

  Bloomberg German energy giant Uniper SE is seeking to extend a government credit line to 13 billion euros ($13 billion) in the latest sign of how the energy crisis is getting worse. The utility has requested an additional 4 billion euros ($4.1 bilion) from Germany’s state-owned lender KfW after fully using its existing 9 billion-euro credit line, Uniper said in ...

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EU plans emergency intervention to stem surging power prices

  Bloomberg The European Union (EU) is planning urgent action to try to dampen soaring power prices and is putting together proposals to reform the electricity market, according to Commission President Ursula von der Leyen. “Skyrocketing electricity prices are now exposing, for different reasons, the limitations of our current electricity market design,” von der Leyen, who heads the EU’s executive body, ...

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