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  ABU DHABI / WAM The central bank of the UAE (CBUAE) has launched two new banknotes, in five and ten dirham denominations, made of polymer and enhanced by advanced technical characteristics and security features. The new banknotes are the third issue of the national currency, and reflect the CBUAE’s aim to keep pace with the nation’s development and vision ...

  Bloomberg French power futures rose to their highest level this year after Electricite de France SA found further indications of corrosion on its nuclear fleet, potentially worsening Europe’s supply crisis. French nuclear capacity is already at its lowest in a decade for this time of year as the energy giant is keeping some of its 56 reactors offline for ...

Bloomberg President Vladimir Putin declared that Russia had seized Ukraine’s Mariupol even as his defense minister said more than 2,000 opposing troops remain holed up in an industrial complex in the strategic southern port city. “Taking control of such an important centre in the South as Mariupol is a success,” Putin said in a televised meeting with Defense Minister Sergei ...

  Ras Al Khaimah / WAM Gulf Pharmaceutical Industries (Julphar) has announced its Strategy 2030 to drive transformation through sustainable growth and deliver enhanced value for all stakeholders. Strategy 2030 is set to triple Julphar’s revenues via six central growth pillars – “Maximising Revenue from Current Product Portfolio,” “New Product Launches,” “Geographical Expansions,” “Strategic Business Initiatives,” “Advanced Specialty Products Initiative”, ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has added a Self-Assessment tool for residential customers to easily understand their consumption patterns, as part of Dewa’s Smart Living initiative. The Self-Assessment tool includes a survey on electricity and water consumption for customers to assess their consumption and learn about different ways for conservation. After completing the assessment, customers ...

SHARJAH / WAM Sharjah Economic Development Department (SEDD) revealed that the first quarter of 2022 witnesses a remarkable growth in the number of issued and renewed licenses. Therefore, the total number of licenses reached 17,059 ones, with a growth rate of 7% over the same period in 2021, by an increase of 1,139 licenses, whereby the issued licenses hit 1979 ...

  ABU DHABI / WAM The audience of Abu Dhabi International Hunting and Equestrian Exhibition (Adihex), particularly tens of thousands of falconers in the region, are attracted annually to visit and see the latest products and equipment that are up to date with the developments of the falconry world, where heritage blends with technology, which is harnessed to serve falconers. ...

Bloomberg Russia has launched what Foreign Minister Sergei Lavrov hailed as a second phase of the war in Ukraine, and early indications are it could go better for Russia than the first. After a ferocious night of artillery bombardment along a 300 mile (482 km) front line in the east, Russian forces took a pocket of territory including the city ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) is implementing its updated Smart Grid Strategy 2021-2035, which features a high standard of resilience and agility that keeps pace with development and rapid changes to ensure the continuity of the organisation’s excellence and global leadership. Saeed Mohammed Al Tayer, MD and CEO of Dewa, praised the team’s efforts, which ...

  Abu Dhabi / WAM Chimera Capital LLC, an Abu-Dhabi-based investment management firm and subsidiary of Chimera Investment LLC, announced that Q Market Makers (QMM) has become a market maker for its four Exchange Traded Funds (ETFs) listed on the Abu Dhabi Securities Exchange (ADX). QMM, part of ADQ, was launched in 2020, and has, over the past 18 months, ...