June, 2018

• 20 June

  Poll shows strong support for UAE peaceful nuclear energy programme

  

  Abu Dhabi / WAM An independent national poll on nuclear energy showed that the UAE public strongly supports the use of peaceful nuclear energy, with 82 percent of residents in favour of using nuclear energy for generating electricity and 91 percent stating that peaceful nuclear energy is important for the nation. Global figures from similar polls conducted in other countries ...

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• 20 June

  UAE to highlight trade opportunities at Belt and Road Summit in Hong Kong

  Abu Dhabi / WAM The UAE is participating in the 3rd Belt and Road Summit scheduled to take place in Hong Kong on June 28. Abdullah Al Saleh, Under-Secretary for Foreign Trade Affairs at the Ministry of Economy will lead the UAE delegation that will comprise a number of top officials from federal and local entities as well as businesses ...

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• 20 June

  Road access fees for heavy vehicles waived

  Abu Dhabi / WAM The UAE Cabinet adopted a decision to waive the road access day-permit fees for heavy vehicles in the country, in order to reduce the cost for operators of development projects and support the growth of infrastructure projects in various vital sectors. The move comes in line with the government’s objective to maintain sustainable development and high-quality ...

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• 20 June

  UAE plays vital role to combat effects of climate change: Dewa

  

  Dubai / WAM The UAE has played an important role in the negotiations that led to an agreement to combat climate change, at the International Conference of the Parties in 2015 (COP21), in Paris, where countries pledged their commitment to reduce emissions and combat climate change. “This highlights UAE’s commitment in combating climate change, and achieving the United Nations Sustainable ...

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• 20 June

  UAE’s farsighted, strategic investment policy hailed

  Abu Dhabi / WAM The United States and the UAE have had an exceptionally close economic relationship for many years, said Shakir Y. Farsakh, Principal Commercial Officer at the US Consulate General Dubai. In an interview with Emirates News Agency (WAM), the US Commercial Attaché added, “Investment naturally follows trade and the United States and the UAE exchanged $24 billion in ...

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• 20 June

  Engie gets $139-mn tax bill as EU bans Luxembourg pact

  

  Bloomberg French energy utility Engie SA faces a 120 million-euro ($139 million) tax bill after the European Union said it benefited from an unfair fiscal arrangement with Luxembourg. Concluding a state-aid probe into the tax affairs of Engie, the European Commission on Wednesday said Luxembourg selectively deviated from provisions of national law to help lower the tax bill for France’s ...

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• 20 June

  Permian oil faces shut ins on pipe shortage, says US shale giant

  

  Bloomberg The biggest US shale region will have to shut wells within four months because there aren’t enough pipelines to get the oil to customers, the head of one of the industry’s largest producers said. The worsening bottleneck in the Permian region that straddles west Texas and New Mexico offers an unexpected fillip to OPEC and other oil producers outside ...

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• 20 June

  Copperbelt Energy of Zambia eyes $250mn power investment

  Bloomberg Copperbelt Energy Corp., the Zambian electricity supplier with customers including Glencore Plc’s copper mines, may invest as much as $250 million in solar projects and transmission lines in the neighboring Democratic Republic of Congo, Chief Executive Officer Owen Silavwe said. The amount includes two solar plants to generate 30 megawatts and 50 megawatts respectively, and the company is still ...

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• 20 June

  Kim urges ‘step-by-step’ N-talks in meeting with Xi

  

  Bloomberg Kim Jong-un doesn’t appear to be in a rush to dump his nuclear weapons. In talks with Chinese President Xi Jinping this week, the North Korean leader reiterated his call for a gradual process to carry out the results of last week’s summit with US President Donald Trump. Chinese state media cited Kim as saying that denuclearisation would open ...

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• 20 June

  Israeli jets strike Gaza targets after rockets fired overnight

  

  Bloomberg Gaza militants launched dozens of rockets and flaming kites into Israel’s south, drawing retaliatory Israeli strikes, in one of the fiercest confrontations between the sides since Palestinian protests along the border peaked in mid-May. Israeli aircraft targeted about 25 military sites belonging to Gaza’s ruling Hamas group, the army said, warning that the group was dragging Gaza along a ...

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