Bloomberg Oil surged to multiyear highs, spurred by an energy-supply crunch as winter approaches. Global benchmark Brent futures earlier rose above $86 a barrel, reaching the highest intraday level since 2018, as Russia opted to keep a lid on gas flows to Europe. West Texas Intermediate crude neared a seven-year high. A shortage of natural gas is creating extra demand ...

DUBAI / WAM The governments of the UAE and the United Kingdom (UK) have agreed on a new action plan to strengthen their economic ties across a wide range of vital and future sectors, including clean energy, research and development, innovation, infrastructure, tourism, food security, new technologies, AI, space and the Fourth Industrial Revolution. The two sides also agreed on ...

ABU DHABI / WAM The UAE’s ministers of economy, education and community development stressed that the UAE’s new five-year federal budget underscores its approach and the vision of the UAE’s leadership aimed at driving development and achieving prosperity and wellbeing. The UAE’s budget will help usher in an era of further achievements, excellence and influence to achieve its UAE Centennial ...

DUBAI / WAM DP World’s leading trade and logistics hub Jebel Ali Free Zone (Jafza) signed a Memorandum of Understanding (MoU) with Arab Bank for Investment and Foreign Trade (Al Masraf) as part of its support to the business operations of SMEs and other licenced enterprises within Jafza. The agreement strengthens DP World’s commitment to facilitate the business activities of ...

ABU DHABI / WAM The Ministry of State for Federal National Council Affairs (MFNCA) has launched the ‘UAE Electoral Statistics Map’ initiative as it takes part in Gitex Technology Week 2021, creating a new interactive page on the MFNCA official website where users can browse information and data about the electoral process. The initiative sheds light on the great success ...

ABU DHABI / WAM G42 Healthcare, an Abu Dhabi-based leading healthcare technology company, and Mubadala Health, an integrated healthcare network dedicated to establishing the highest international standards of care in the UAE and the region, on Monday announced the signing of a Memorandum of Understanding to advance healthcare provision in the UAE. The partnership between Mubadala Health and G42 Healthcare ...

ABU DHABI / WAM Abu Dhabi Sports Council (ADSC) and the European Tour on Monday announced that the Abu Dhabi HSBC Championship will move to Yas Island for the first time next year when Yas Links Abu Dhabi hosts the opening Rolex Series event of the 2022 season. Designed by Kyle Phillips and recently ranked 48th in Golf Digest’s global ...

ABU DHABI / WAM The National Centre of Meteorology (NCM) has launched a new supercomputer built by Hewlett Packard Enterprise to advance weather forecasting and overall climate research. The supercomputer, named “Atmosphere”, uses the HPE Cray EX system, an end-to-end high-performance computing (HPC) liquid-cooled platform customised to deliver advanced performance across computing, accelerated computing, software, storage and networking. The combined ...

Dubai / WAM Belarus and the UAE enjoy longstanding excellent bilateral relations that will help them further strengthen cooperation during Expo 2020 Dubai in areas such as trade, investment, tourism, and education, a top Belarusian official said. In an interview with Emirates News Agency (WAM), Aleksandr Guryanov, First Deputy Minister of Foreign Affairs of the Republic of Belarus, and Commissioner ...

Dubai / WAM The Ghaf tree is one of the indigenous trees that are abundant in the desert of the UAE and is associated with the heritage and history of the region for its benefits in the lives of ancestors in the past. The Ghaf is a drought-tolerant tree, which can remain green even in harsh desert environments. It is ...