May, 2022

• 7 May

  DET to showcase Dubai’s diverse destination proposition at ATM

  

    Dubai / Gulf Time With Dubai fully regaining its vibrancy after safely navigating and accelerating out of the unprecedented global challenge, the city’s newly formed Department of Economy and Tourism (DET) will showcase the diversity of Dubai’s destination offering, along with innovative initiatives designed to further strengthen the city’s tourism industry, during the 29th edition of Arabian Travel Market. ...

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• 7 May

  UAE reports 279 new recoveries from Covid-19

    Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 102,626 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary care ...

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• 7 May

  Etihad Airways performs 42 ecoflights over five days

  

    Abu Dhabi / WAM Etihad Airways has successfully performed the world’s most intensive sustainable flight testing programme, operating 42 flights over a five-day period to test operational efficiencies, technology and procedures that will reduce carbon emissions. The programme, coinciding with Earth Day 2022, included 22 contrail prevention flights over the course of three days. Tony Douglas, Group Chief Executive ...

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• 7 May

  Abu Dhabi to host int’l conference on ‘Islamic unity’

  

    Abu Dhabi / WAM Under the patronage of Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, and coinciding with the fourth anniversary of its founding, The World Muslim Communities Council (TWMCC) is organising an international conference on May 8-9, featuring representatives of over 150 countries, to discuss the topic of Islamic unity. The event will be ...

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• 7 May

  5th Dalma race festival kicks off in Abu Dhabi

  

    Abu Dhabi / WAM The 5th edition of the Dalma Historical Race Festival is set to kick off on Saturday, welcoming history enthusiasts to Abu Dhabi’s enchanting Dalma Island from May 7-20. Held under the patronage of HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, the festival is organised by the Cultural Programmes and ...

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• 7 May

  EU drafts compromise fixes to toughen carbon reform

  

  Bloomberg Lawmakers in the European Parliament’s environment committee agreed a set of draft compromise changes to a sweeping overhaul of the European Union’s carbon market in a push to further strengthen the cap-and-trade program. Representatives of the biggest political groups in the ENVI committee signed off on joint proposals to toughen carbon permit supply controls and improve existing shields against ...

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• 7 May

  South Africa’s dependence on fuel imports to multiply

  

  Bloomberg South Africa’s monthly petroleum product imports are expected to as much as triple by next year from pre-pandemic levels as domestic refineries close, according to energy consultant Citac. Africa’s biggest industrialised nation already relies on imports to meet up to 60% of its fuel demand, and any increase in shipments will require improvements to existing storage facilities, ports and ...

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• 7 May

  PetroChina says it’s not seeking discounted Russian oil and gas

    Bloomberg PetroChina Co isn’t seeking any discounted Russian oil and gas and is only purchasing fuel from the country through its existing contracts, company executives said. Deals with Russian counter-parties are operating normally, Chief Financial Officer Chai Shouping said on the company’s first-quarter earnings call. Transactions have continued to be settled in US dollars or euros despite international sanctions ...

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• 7 May

  India asks its coal plants to run flat out to address rising energy crisis

  

    Bloomberg India’s government ordered coal-fired power plants that run on imported fuel to operate at full capacity to address an escalating energy crisis that’s threatening economic growth. The government took the unusual step of invoking a little-used provision in electricity laws to bridge a supply deficit that’s causing widespread blackouts. The order is valid until October 31, the power ...

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• 7 May

  Petrobras profits slammed by Bolsonaro

    Bloomberg Petrobras posted strong first quarter results thanks to growing oil production during this year’s rally, prompting a rebuke from President Jair Bolsonaro who wants it to contain fuel prices ahead of an October election. Bolsonaro called on Petrobras to freeze gasoline and diesel prices, adding that its profits are unacceptable during a crisis. Recently elected Chief Executive Officer ...

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