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DUBAI / WAM DP World Limited handled 19.7 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the second quarter of 2021, with gross container volumes increasing by 17.6 percent year-on-year on a reported basis and 17.1 percent on a like-for-like basis . Growth in Q2 accelerated with all regions delivering a strong performance, especially our ...

Bloomberg It’s a massive new oil refinery in an era focused on renewable energy. It’ll cost more than promised. It’s behind schedule. And now, public documents reveal that Dos Bocas — a favoured project of Mexican President Andres Manuel Lopez Obrador for his home state of Tabasco — is being built in a zone the state oil firm had promised ...

Bloomberg The latest swing of senior US officials through Asia indicates the Biden administration is taking a humbler tone in the region than the former president, with US Secretary of State Antony Blinken noting that every democracy was a “work in progress.” On his first official visit to India, Blinken sought common ground with New Delhi in their disputes with ...

Abu Dhabi / WAM The Ministry of Industry and Advanced Technology (MoIAT) and Etihad Credit Insurance (ECI) on Tuesday signed a Memorandum of Understanding (MoU) to inject capital into the UAE’s industrial sector and support local industrialists. The new MoIAT-ECI partnership offers a package of financial incentives to support UAE exports, offer financing facilities for manufacturers and advanced technology projects, ...

BANJUL / WAM President Adama Barrow of the Gambia has received in his office Major General Dr Ahmed Nasser Al Raisi, Inspector General of the Ministry of Interior, who is on a tour to Africa aimed at strengthening security and police ties with a number of African countries. During the meeting, held in the capital Banjul, President Barrow conveyed his ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has provided new services and benefits on its smart app through Apple Watch to enhance smart adoption and make Dubai the best place to work and live. These include utility bill details and tariff slabs, accessing the Smart Living dashboard, as well as daily, weekly, and monthly consumption reports with comparison ...

DUBAI / WAM The Dubai Maritime City Authority (DMCA) at the Ports, Customs and Free Zone Corporation has granted 800 marine driving licences and issued about 700 marine craft permits during the first half of this year. The authority works on regulating and developing the maritime sector in Dubai, through a set of issued legislative regulations following the highest standards ...

Bloomberg North Korea’s Kim Jong Un and South Korea’s Moon Jae-in agreed in letters to restore relations, improving the prospects for a breakthrough in an extended stalemate in nuclear talks. The two countries released what appeared to be coordinated statements on Tuesday calling for reconciliation on the peninsula, with state media in Pyongyang saying they agreed “to make a big ...

Dubai / WAM Emirates Central Cooling Systems Corporation (Empower) announced that it has awarded the main construction contract to build its new permanent plant at Al Khail Gate with a total value of more than AED133 million. Construction has already begun and is managed under the direct supervision of Empower’s in-house projects team. The new advanced plant will have a ...

Dubai / WAM The distribution of food parcels has been completed in Egypt, providing an equivalent of 30 million meals to low-income families and underprivileged communities as part of the “100 Million Meals” campaign. In partnership with the Food Banking Regional Network, 928 local humanitarian organisations and Egypt Food Bank, around 504,000 beneficiaries across Egypt received parcels of easy-to-store food ...