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Yahsat, Al Seer Marine to offer solutions for maritime vessels

  Abu Dhabi / WAM Yahsat, Al Yah Satellite Communications Company PJSC – UAE’s flagship satellite solutions provider, on Tuesday announced that its government division, Yahsat Government Solutions (YGS), has signed a Memorandum of Understanding (MoU) with Al Seer Marine PJSC, the leading maritime company in the region, to test line-fitting unmanned vessels with advanced Comms-on-the-Move (COTM) satellite communications solutions. ...

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Indonesia sticks with biodiesel policy even as palm oil soars

  Bloomberg Indonesia, the world’s biggest palm oil producer and exporter, will push ahead with its ambitious biodiesel program even as prices of the tropical oil have soared, which could increase the costs of producing biofuel. The B30 program, which stipulates that fossil fuels must be blended with 30% palm oil, is still running as planned, said Dadan Kusdiana, director ...

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North Korea building at nuclear site for first time since 2018

Bloomberg North Korea is undertaking construction work at its main nuclear weapons test site for the first time in about four years, according to an analysis of satellite imagery, raising fresh security concerns as South Korea elects a new leader. Images captured show “very early signs” of activity at the mountainous area of Punggye-ri, including the construction of a new ...

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UAE and Austria sign pact to collaborate in hydrogen tech

  ABU DHABI / WAM The Ministry of Industry and Advanced Technology (MoIAT) on Monday signed a Memorandum of Understanding (MoU) with the Federal Ministry of Finance of the Republic of Austria for a comprehensive collaboration in the hydrogen technology industry. The agreement follows the Comprehensive Strategic Partnership, which was signed in July 2021 during the official visit to Austria ...

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UAE, Indonesia and South Korea discuss cooperation in Riyadh

  RIYADH / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, met separately with Prabowo Subianto, Indonesian Minister of Defence, and Kang Eun-ho, South Korean Minister of the Defence Acquisition Programme Administration, in the presence of a number of senior officers and officials of the Ministry. During the meetings, held on the sidelines of the World ...

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Dubai, Dominican Republic sign customs agreement

  DUBAI / WAM The Ports, Customs and Free Zone Corporation (PCFC), has signed a commitment letter with the Dominican Republic’s General Directorate of Customs to officially implement a Customs Management System that will streamline logistics processes and reduce time and costs in cross-border trade. This agreement was signed at Expo Dubai 2020, as part of the Dominican Republic’s National ...

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UAE, UK launch toolkit to help tackling illegal wildlife trade

  Abu Dhabi / WAM The government of the UAE has worked with the UK government to launch a toolkit to support financial institutions in tackling illicit financial flows in Illegal Wildlife Trade (IWT). Ahmed Ali Al Sayegh, UAE Minister of State, has partnered with UK Minister Lord Tariq Ahmad of Wimbledon to launch the toolkit, which was launched at ...

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China warns US against forming Pacific Nato and backing Taiwan

Bloomberg China warned the US against trying to build what it called a Pacific version of Nato, while declaring that security disputes over Taiwan and Ukraine were “not comparable at all.” Foreign Minister Wang Yi told his annual news briefing Monday that the “real goal” of the US’s Indo-Pacific strategy was to form Asia’s answer to the North Atlantic Treaty ...

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Russian troops shelling destroys Ukraine atomic laboratory built with US

Bloomberg Russian forces destroyed an atomic-physics lab under international safeguards in Ukraine’s second-largest city, the head of the world’s nuclear watchdog said, underscoring growing concerns over the safety risks posed by fighting around the country’s atomic facilities. Rafael Mariano Grossi, who leads the International Atomic Energy Agency, said that a neutron generator at the Kharkiv Institute of Physics and Technology ...

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China sees moderate export growth as demand stabilises

Bloomberg China’s export growth moderated in the first two months of the year, pointing to more stable global demand as multiple risks cloud the outlook. Exports rose 16.3% in dollar terms in the January-February period from a year earlier, data from the General Administration of Customs showed on Monday, beating the 14% median estimate in a Bloomberg survey of economists. ...

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