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  JEJU / WAM The latest trend in UAE-South Korea bilateral trade shows the strong and resilient economic relations between the two countries, according to the UAE’s top diplomat in Seoul. “The UAE-South Korea non-oil bilateral trade has grown to $1.3 billion during the first quarter of 2022, a 19 percent increase compared to the same period last year,” Abdulla ...

  DUBAI / WAM The office of the Minister of State for Artificial intelligence, Digital Economy and Remote Work Applications organised the “Inspiring solutions to developing Remote Work Performance” workshop at the CodersHQ, one of the national programmes for Coders initiatives, aiming to share best practices on workload distribution by teams. The workshop discussed best practices in design effective mechanisms ...

  ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced an agreement to support the Abu Dhabi Air Expo for its next three editions by helping to attract sponsors and participants and providing added marketing value. The Abu Dhabi Air Expo fits into DCT Abu Dhabi’s strategy to further stimulate the ...

Bloomberg President Vladimir Putin declared a “partial mobilization,” calling up 300,000 reservists, in a major escalation of his flagging invasion of Ukraine, which he portrayed as a fight to the death with the US and its allies. As Russia moves to annex occupied Ukrainian territory, Putin also renewed his warnings of a nuclear threat. “When the territorial integrity of our ...

  DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has signed a partnership agreement with Dutch startup Desolenator BV, to build a sustainable, carbon-neutral water purification and desalination system based on solar thermal energy. The innovative design is intended to be 100% reliant on solar energy at a target Levelised Cost of potable water production to be less than ...

  DUBAI / WAM The Federation of UAE Chambers of Commerce and Industry (FCCI) and the Polish Investment and Trade Agency (PAIH) discussed opportunities for cooperation in the private sectors of both countries. The discussion took place during a meeting, held at the FCCI headquarters in Dubai, between Humaid Mohamed bin Salem, Secretary-General of the FCCI, and JarosÅ‚aw Al Abbas, ...

  ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) has signed a Memorandum of Understanding with CSFN (French Nuclear Cluster) at the fifth edition of E-Fusion, which was held on Tuesday. The event brought together the UAE and French nuclear sectors to further develop and strengthen their collaboration to support the development of the global nuclear supply chain. ...

Bloomberg The German government is planning to inject about 8 billion euros ($8 billion) into Uniper SE as part of a historic agreement to nationalise the gas giant and stave off a collapse of the country’s energy sector. Uniper confirmed it is in final discussions with the government over a package that would include an 8 billion-euro capital increase, subscribed ...

Bloomberg The Kremlin is moving hastily to stage sham votes on annexing the regions of Ukraine its forces still control, after Kyiv’s military drove Russian troops from large areas of territory taken in their seven-month-old invasion. The so-called Donetsk and Luhansk People’s Republics, as well as Kherson, may hold their votes as soon as this weekend, Interfax quoted officials as ...

  ABU DHABI / WAM International Holding Company (IHC), the diversified Abu Dhabi-based conglomerate, on Monday announced a direct acquisition of a 15% stake in Burjeel Holdings, the leading regional private healthcare group, in one of the biggest deals in the Gulf’s healthcare sector in recent years. The acquisition aims to scale and diversify IHC’s investment in the healthcare sector ...