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  DUBAI / WAM Dr Mohammed Al Zarooni, Executive Chairman of the Dubai Integrated Economic Zones Authority (DIEZ), welcomed a high-level delegation from the Senate of Economy Europe. The delegation led by Dr Walter Doring, Chairman of the Senate of Economy, aims to explore future cooperation and investment opportunities offered by the Dubai Airport Free Zone (DAFZ). The meeting was ...

  SHARJAH / WAM The UAE witnessed the official launch of the Emirates Reprographic Rights Management Association (ERRA) — a first-of-its-kind association in the region. The launch aligns with the UAE’s mandate to protect copyrights of content creators and safeguard the rights of authors and publishers through appropriate laws and legislations. The launch ceremony, at the House of Wisdom (HoW) ...

  RIYADH / WAM Edge Group entity, AL JASOOR, the UAE’s armoured vehicle specialist, unveiled a new variant of its Rabdan 8×8 infantry fighting vehicle (IFV) — the Rabdan ambulance — on the first day of the World Defense Show held in Riyadh, Kingdom of Saudi Arabia. The new configuration is uniquely designed to provide off-road mobility and mine-resistant, ambush ...

DUBAI / WAM The United Arab Emirates is supporting the Dominican Republic’s efforts to become a regional logistics hub in Central America and the Caribbean, the country’s Vice President told the Emirates News Agency (WAM). Raquel Peña made this comment while talking about Dubai-based DP World, the multinational company that facilitates global trade through its ports and terminals, parks, logistics ...

  Bloomberg After taking a barrage of criticism for buying a cargo of Russian crude, Europe’s largest oil company Shell Plc says it’s navigating the market with government guidance. “We will continue to choose alternatives to Russian oil wherever possible, but this cannot happen overnight because of how significant Russia is to global supply,” Shell said in a statement. “We ...

Bloomberg Efforts failed for a second day to halt Russia’s siege of the southern Ukrainian port city of Mariupol to allow the evacuation of tens of thousands as President Vladimir Putin pressed ahead with the invasion and demand for the country’s “demilitarization.” Russian troops violated a temporary ceasefire agreement, Anton Herashchenko, an adviser to Ukraine’s interior minister, said on his ...

Bloomberg Finnish President Sauli Niinisto met with President Joe Biden in the White House, signaling that he’s looking for a closer relationship with the superpower after Finland’s neighbor Russia invaded Ukraine. They agreed to start a “clear process” to enhance security and defense cooperation, also involving Nordic partners, Niinisto, 73, told reporters after their talks in Washington, DC. Asked whether ...

  Bloomberg President Joe Biden’s administration will soon start a review of the first group of tariffs on more than $300 billion in Chinese imports needed to prevent their expiration, a process likely to bring new scrutiny of their effectiveness as inflation runs at a four-decade high. The evaluation, officially known as a “review of necessity,” so far has attracted ...

  Bloomberg Argentina’s government published the detailed plan for reducing its fiscal deficit and central bank financing as part of its pending $45 billion deal with the International Monetary Fund. The agreement with IMF staff has now been submitted to Argentina’s congress and will go before a vote sometime in the coming weeks. The country will receive 7 billion ($9.8 ...

Bloomberg On a freezing winter morning, Europe woke up to a shock. Russia had cut off gas to Ukraine. Companies started reporting drops in supplies via the transit country. Calls to reduce energy dependence on Moscow resonated across the continent. That was in January 2006. Sixteen years on, through another supply crisis and then Russia’s annexation of Crimea, the European ...