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Bloomberg European natural gas prices rose for a fourth consecutive session, with little clarity on future flows via a major Russian pipeline. While the Nord Stream pipeline is sending gas to Germany at a consistent rate of 40% of capacity following the end of maintenance on July 21, Russian President Vladimir Putin warned that this could decline to 20% if ...

Bloomberg Russia said on Monday its missile strike on Odesa targeted a military area and wouldn’t affect plans to resume grain exports from the Black Sea port. Wheat prices have surged since the Russian attack, which came a day after it signed a Turkish-mediated deal to allow safe transit for Ukrainian grain shipments blocked since the war. Ukraine is continuing ...

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued federal decrees appointing the Directors-General of the Federal Authority for Identity, Citizenship, Customs and Port Security. As per the decrees, Major General Suhail Saeed Al Khaili will serve as the Director-General of the Federal Authority for Identity, Citizenship, Customs and Ports Security. The decrees ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has commissioned 287 11kV substations in Dubai in the first half of 2022. This is part of its efforts to provide a state-of-the-art infrastructure according to the highest international standards. These stations are primarily in Al Merkad, Jabal Ali First, Saih Shuaib 2, Al Jadaf, and Burj Khalifa areas. Building these ...

  Dubai / WAM Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the Higher Committee for Development and Citizens Affairs, chaired by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, approved immediate allocation ...

Bloomberg Europe is again on edge about potential gas supply disruptions from Russia, even after the restart of the crucial Nord Stream pipeline following maintenance this week. A turbine that helps pump gas into the link is held up in transit in Germany after first being stranded in Canada due to sanctions. President Vladimir Putin has warned that shipments through ...

Bloomberg Russia attacked Odesa’s sea port with cruise missiles hours after signing a deal to unblock Ukrainian grain exports from three Black Sea ports, including Odesa, that was hailed as a vital step towards alleviating a global food crisis. Ukrainian officials indicated they’re still moving ahead with the landmark agreement reached Friday to release millions of tons of grain that ...

  Abu Dhabi / WAM Abu Dhabi’s real estate market sustained growth driven by investor optimism, recorded 7,474 property transactions amounting to over AED22.51 billion, as per the latest report released by the Department of Municipalities and Transport (DMT). The department’s half-yearly report indicates that all kinds of land, buildings, and real estate were purchased, sold, and mortgaged. DMT’s real ...

  Abu Dhabi / WAM The Environment Agency – Abu Dhabi (EAD) held a workshop in the presence of representative stakeholders from institutions and government agencies to consult on the Abu Dhabi Biodiversity Protection Policy. The workshop aimed to present the proposed policy and help organise and promote the sustainable use of biodiversity resources. The longer-term goal is to preserve ...

  Abu Dhabi / WAM Khalifa Fund for Enterprise Development has welcomed Abacus, a leading vendor of business management solutions, as the latest e-Empower partner. Abacus, the official Sage provider in the Mena region, will offer Khalifa Fund applicants specialised packages to enhance their digital capacities. Within the agreement, Abu Dhabi entrepreneurs will have access to awareness sessions on digital ...