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Bloomberg A Ukrainian delegation led by the defense minister began talks with Russian officials on the fifth day of an invasion that’s triggered a flurry of sanctions against Moscow and sent Russian markets into a tailspin. Ukrainian President Volodymyr Zelenskiy has voiced skepticism that the talks, taking place on the country’s border with Belarus, would yield results but said he ...

  DUBAI / WAM The Ministry of Energy and Infrastructure (MoEI) organised a virtual forum titled ‘The Future of Autonomous Vessels in Maritime Shipping’ as part of its activities during the Innovation Month, held under the theme ‘UAE Innovates 2022’ Representatives from various sectors of the regional and global maritime industry such as A-Navigation, have tackled developing autonomous vessel technologies ...

  DUBAI / WAM Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, visited the pavilion of Greece at Expo 2020 Dubai, the first World Expo to be held in the Middle East, Africa and South Asia. He explored the innovative experiences and tools on display, and the country’s approach to sustainable development. Dr Sultan Al Jaber ...

  DUBAI / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit agency (ECA), and its Egyptian counterpart Export Credit Guarantee of Egypt (EGE) have signed a reciprocal reinsurance agreement to support Emirati and Egyptian projects in their respective countries and their initiatives around the world. The agreement between the two state-owned firms will bolster the strong trade and ...

Bloomberg Europe’s biggest industrial firms have been banking on spring to bring down soaring energy costs. Those hopes faded this week as Russian tanks rolled into Ukraine. Smelters and chemical factories across Europe were already struggling before the invasion sparked another jump in gas and electricity prices. Now, a growing list of companies including Europe’s biggest chemicals maker BASF SE ...

Bloomberg Russia’s plans for Ukraine face rapidly rising costs due to delays caused by tougher-than-expected resistance from forces on the ground, even as its military retains overwhelming advantages. A person familiar with Russian planning said the military would have hoped for faster progress. The Kremlin has declined to comment on details of the military operation, and its Defense Ministry says ...

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a message of congratulations to Sheikh Nawaf Al Ahmad Al Jaber Al Sabah, Emir of Kuwait, on the occasion of his country’s National Day and Liberation Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and ...

  DUBAI / WAM The 27th edition of the Dubai International Pharmaceutical & Technologies Conference and Exhibition (Duphat 2022) has generated exceptional direct and indirect business deals worth AED5.1 billion. The high volume of deals reflects the event’s success in providing a platform to showcase the latest innovations in the pharmaceutical industry and build partnerships that benefit the entire sector. ...

  ABU DHABI / WAM The Abu Dhabi Chamber of Commerce and Industry signed a cooperation agreement with Cyprus Chamber of Commerce and Industry to boost economic and investment cooperation between Abu Dhabi and Cyprus. The cooperation agreement comes on the sidelines of the meeting the Abu Dhabi Chamber organised with Cyprus Investment Promotion Agency (Invest Cyprus) at the Chamber’s ...

  Bloomberg Tencent Holdings Ltd is stepping up the use of renewable energy with a goal of zeroing out emissions by 2030, acknowledging the damage wrought by its data centers while heeding Beijing’s call to protect the environment. The Chinese social media and gaming giant plans to use all but renewable energy by the same timeframe and has already purchased ...