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DCT Abu Dhabi to support Abu Dhabi Air Expo 2022

  ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced an agreement to support the Abu Dhabi Air Expo for its next three editions by helping to attract sponsors and participants and providing added marketing value. The Abu Dhabi Air Expo fits into DCT Abu Dhabi’s strategy to further stimulate the ...

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Putin mobilises more troops, wields Ukraine nuclear threat

Bloomberg President Vladimir Putin declared a “partial mobilization,” calling up 300,000 reservists, in a major escalation of his flagging invasion of Ukraine, which he portrayed as a fight to the death with the US and its allies. As Russia moves to annex occupied Ukrainian territory, Putin also renewed his warnings of a nuclear threat. “When the territorial integrity of our ...

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Dewa-Desolenator pact to build zero-carbon desalination system

  DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has signed a partnership agreement with Dutch startup Desolenator BV, to build a sustainable, carbon-neutral water purification and desalination system based on solar thermal energy. The innovative design is intended to be 100% reliant on solar energy at a target Levelised Cost of potable water production to be less than ...

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FCCI, Polish entity to bolster cooperation in private sectors

  DUBAI / WAM The Federation of UAE Chambers of Commerce and Industry (FCCI) and the Polish Investment and Trade Agency (PAIH) discussed opportunities for cooperation in the private sectors of both countries. The discussion took place during a meeting, held at the FCCI headquarters in Dubai, between Humaid Mohamed bin Salem, Secretary-General of the FCCI, and JarosÅ‚aw Al Abbas, ...

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Enec bolsters UAE-France cooperation in nuclear energy sector

  ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) has signed a Memorandum of Understanding with CSFN (French Nuclear Cluster) at the fifth edition of E-Fusion, which was held on Tuesday. The event brought together the UAE and French nuclear sectors to further develop and strengthen their collaboration to support the development of the global nuclear supply chain. ...

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Germany to nationalise gas giant Uniper in historic bailout

Bloomberg The German government is planning to inject about 8 billion euros ($8 billion) into Uniper SE as part of a historic agreement to nationalise the gas giant and stave off a collapse of the country’s energy sector. Uniper confirmed it is in final discussions with the government over a package that would include an 8 billion-euro capital increase, subscribed ...

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Russia’s Putin hurries to annex occupied Ukraine as Kyiv gains

Bloomberg The Kremlin is moving hastily to stage sham votes on annexing the regions of Ukraine its forces still control, after Kyiv’s military drove Russian troops from large areas of territory taken in their seven-month-old invasion. The so-called Donetsk and Luhansk People’s Republics, as well as Kherson, may hold their votes as soon as this weekend, Interfax quoted officials as ...

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Abu Dhabi’s IHC buys 15% stake in Burjeel Holdings

  ABU DHABI / WAM International Holding Company (IHC), the diversified Abu Dhabi-based conglomerate, on Monday announced a direct acquisition of a 15% stake in Burjeel Holdings, the leading regional private healthcare group, in one of the biggest deals in the Gulf’s healthcare sector in recent years. The acquisition aims to scale and diversify IHC’s investment in the healthcare sector ...

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Kezad to provide integrated ecosystems for key industries

  ABU DHABI / WAM AD Ports Group, the leading facilitator of trade, logistics, and industry, has unveiled “KEZAD Group” as part of the plan to consolidate and grow its Economic Cities and Free Zones offering. The move follows the integration of Khalifa Industrial Zone Abu Dhabi (Kizad) and Specialised Economic Zones (ZonesCorp) into the newly formed KEZAD Group (Khalifa ...

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Dubai reduces carbon emissions by 21% in 2021

  DUBAI / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, chaired the 72nd meeting held virtually, with Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy, also participating. The meeting was attended by Ahmed Buti Al Muhairbi, Secretary-General of the Dubai Supreme Council of Energy, and board ...

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