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  Bloomberg A drone struck the headquarters of Russia’s Black Sea fleet in occupied Crimea on Saturday, days after unexplained explosions at nearby military facilities. No injuries were reported. The drone struck the roof of Russia’s Black Sea fleet headquarters in Sevastopol, Crimea, the region’s governor said on Telegram. No injuries were incurred, according to the Russian state news service ...

Bloomberg Drought and extremely high temperatures made worse by climate change across Europe have led to record levels of fire activity in the continent, with blazes burning through an area roughly equivalent to one-fifth of Belgium. Wildfires in the European Union have consumed 660,249 hectares (1,631,511 acres) of land for the year through August 13, according to data from the ...

  Abu Dhabi / WAM The emirate of Fujairah was ranked first in the “Safety Index by City” compiled by Numbeo, which provides regular statistics on economic, social and safety areas worldwide. Fujairah received a score of over 93 percent, outperforming 466 international cities, which is attributed to its high living standards and the significant support of His Highness Sheikh ...

  Abu Dhabi / WAM The total premiums of insurance companies listed in local financial markets in the first half of 2022 increased by 7.64% year-on-year, equivalent to AED1.11 billion, while their net profits totalled AED817.8 million. According to the disclosure reports of 28 national insurance companies, the total value of premiums increased from AED14.563 billion in the first half ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa)’s Asset Health Centre consolidates preventive and proactive maintenance in the water network through gathering and analysing data and providing needed recommendations to enhance the health and life cycle of assets (pumps, engines, pipes, water reservoirs and others). It also forecasts defects using artificial intelligence and machine learning algorithms. Dewa uses ...

Bloomberg PetroChina Co, the country’s biggest oil and gas producer, is weighing a plan to carve out its marketing and trading business and seek a separate listing, people with knowledge of the matter said. China National Petroleum Corp (CNPC), the state-owned parent of PetroChina, has asked external consultants to provide proposals on the feasibility of such a plan, said the ...

  Bloomberg It didn’t take long after Russia attacked Ukraine for French Colonel Clement Torrent to get his orders: He had six months to build a base for 1,000 soldiers on Nato’s eastern frontier. He and about 200 troops from France, Belgium and the Netherlands are now busy leveling a hilltop in the Romanian region of Transylvania. “Our due date ...

Abu Dhabi / WAM G42, the leading UAE-based AI and cloud computing technology company, on Thursday launched the $10 billion G42 Expansion Fund, a global technology growth fund formed in strategic partnership with Abu Dhabi Growth Fund (ADG). The fund, which will be managed by a subsidiary of G42, is focused on accelerating the pace of global innovation by investing ...

  Abu Dhabi / WAM Etihad Rail, the developer and operator of the UAE National Rail Network, has achieved a new milestone in the development of the National Rail Network, with the arrival of first batches of the company’s new and advanced rolling stock fleet. The locomotives and wagons, which reached the UAE via Zayed and Al Musaffah Ports, will ...

  Abu Dhabi / WAM Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and group CEO of the Abu Dhabi National Oil Company (Adnoc), and the UAE’s special envoy for climate change, has said that record growth in renewables, representing over 80% of all new power-generating capacity last year, is the clearest sign ...