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Abu Dhabi / WAM The Abu Dhabi Judicial Department (ADJD) organised a virtual workshop entitled “Alternative Litigation Means – Mediation and Conciliation”, in light of Federal Law No. 5 of 2021 amending certain provisions of Law No. 17 of 2016 on the Establishment of Mediation and Conciliation Centres in Civil and Commercial Disputes. The workshop was held with the aim ...

Bloomberg The US and Germany want to conclude a deal by August to blunt Moscow’s geopolitical gains once the controversial Nord Stream 2 gas pipeline is finished, with the two sides exploring ways to shore up Ukraine’s energy sector and deter Russian aggression through the threat of sanctions. The agreement, which some officials hope to have ready for Chancellor Angela ...

Bloomberg President Joe Biden said the US is committed to its partnership with Afghanistan, even as American and other foreign troops withdraw from the country despite a surge of violence. “The senseless violence — it has to stop,” Biden told Afghan President Ashraf Ghani at the start of a meeting in the Oval Office. “It’s going to be very difficult ...

Abu Dhabi / WAM The Mohamed Bin Zayed Solar PV Complex, one of the largest solar PV plant in West Africa financed by the Abu Dhabi Fund for Development (ADFD) and selected under the ADFD-Irena Project Facility, is now fully operational. The 50-megawatt (MW) project in Blitta, Togo, will supply reliable, clean electricity to hundreds of thousands of homes and ...

Dubai / WAM Moro Hub (Data Hub Integrated Solutions LLC), a subsidiary of Digital Dewa, the digital arm of Dubai Electricity and Water Authority (Dewa), signed a memorandum of understanding (MoU) with Intel Corporation to advance collaboration in implementing and accelerating digital transformation initiatives at Moro Hub’s Green Data Centre, the first Certified Tier III Data Centre in the Middle ...

ABU DHABI / WAM Etihad Cargo, the cargo and logistics arm of Abu Dhabi’s Etihad Aviation Group, and global supply chain company EFL Global, have successfully carried a vital consignment of antiretroviral drugs from India to Brazil. The shipment, which weighed more than 55,000kg, was transported on behalf of a leading manufacturer headquartered in Hyderabad and delivered to Sao-Paulo-Guarulhos International ...

Dubai / WAM 3iQ Corp, Canada’s largest digital asset investment fund manager with more than C$2.5 billion in assets under management, on Wednesday officially listed “The Bitcoin Fund”, (Trading Symbol: QBTC), on Nasdaq Dubai, the region’s international exchange. The regulated Bitcoin-based exchange-traded product is the first listed digital asset-based fund in the Middle East and North Africa (Mena) region. The ...

Bloomberg New York-traded electric vehicle maker Xpeng Inc has received the green light from the Hong Kong stock exchange to list in the city, the latest homecoming share sale by a Chinese company. The company submitted an updated listing document on Wednesday, indicating it has won the bourse’s approval. The filing, which confirmed an earlier Bloomberg News report, didn’t specify ...

Bloomberg Russia said it used bombs and gunfire in “warning shots” to force a British Navy destroyer to leave waters it claims in the Black Sea, but the UK rejected that, saying it was likely a “gunnery exercise” that didn’t affect the ship’s planned voyage. The episode, which the Russian Defense Ministry said took place off Cape Fiolent, south of ...

Bloomberg Starting in early 2020, a very unlikely anomaly started appearing in global trade data: China said it was selling more goods to the US than the US reported buying from China. That was a reversal of the normal pattern and a product of the two nations’ trade war — but not an intended consequence. Instead, it was likely due ...