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Bloomberg Russian President Vladimir Putin told his counterpart Xi Jinping he understands Beijing’s “questions and concerns” about his invasion of Ukraine, as the Chinese leader said the two countries could “inject stability and positive energy to a world in chaos.” In their first in-person talks since the war began, Putin hailed “the balanced position of our Chinese friends on the ...

  Bloomberg US railroads and unions reached a tentative deal on Thursday, a breakthrough that looks to avert a labour disruption that risked adding supply-chain strains to the world’s largest economy. After 20 straight hours in the latest round of talks — which included President Joe Biden and other administration officials — the companies and union negotiators reached a preliminary ...

  ABU DHABI / WAM Adnoc Refining, a joint venture company between the Abu Dhabi National Oil Company (Adnoc), Eni, and OMV, is set to complete the first phase of its innovative Waste Heat Recovery project at the General Utilities Plant in Ruwais, Abu Dhabi. Adnoc produces some of the world’s least-carbon intensive crude and the company is further reducing ...

  ABU DHABI / WAM The Ministry of Economy, represented by The Entrepreneurial Nation, has launched a new initiative to attract Small and Medium Enterprises (SMEs) to the UAE and help promote their growth and local and global expansion. The initiative has been launched in collaboration with Flat6labs, a leading seed and early stage venture capital firm based in Abu ...

  ABU DHABI / WAM Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, in partnership with SeaWorld Parks & Entertainment, announced it has reached 90 percent construction completion of the next-generation marine-life theme park, SeaWorld Abu Dhabi, Yas Island’s latest mega-development. The development, which is due to open in 2023 as the latest addition to Yas Island’s tourism ...

  Bloomberg Shortly before invading Ukraine in February, Vladimir Putin and Xi Jinping declared a “no limits” friendship. Yet even as his forces suffer humiliating losses on the battlefield, Russia’s president shouldn’t expect much help at his first meeting with his Chinese counterpart since then. Xi and Putin meet face-to-face in Uzbekistan on Thursday in their first sitdown since a ...

Bloomberg The US will put $3.5 billion in Afghanistan’s central bank reserves under the control of a Swiss-based oversight board to pay for limited financial services in the country while ensuring the Taliban regime doesn’t get access to the money, the US Treasury Department said. The funds, which the US froze after the Taliban takeover of Afghanistan last year, will ...

  DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and Chairman of the Board of Trustees of Dubai Future Foundation (DFF), on Tuesday launched Dubai’s Research and Development (R&D) programme during a meeting at the DFF headquarters. The initiative aims to support key economic sectors and ...

  DUBAI / WAM All preparations are complete for the 8th World Green Economy Summit (WGES), which is set to take place on September 28-29 at the Dubai World Trade Centre. Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy, MD and CEO of Dubai Electricity and Water Authority (Dewa), and Chairman of World Green Economy ...

ABU DHABI / WAM The UAE is set to host the Annual Meeting of the International Organisation for Standardisation (ISO) 2022 at the Adnoc Business Centre in Abu Dhabi from 19th to 23rd September, 2022. Organised by the Ministry of Industry and Advanced Technology (MoIAT), the event will take place in the presence of Ulrika Francke, President of the ISO, ...