Opec’s world oil outlook to be launched at Adipec

Abu Dhabi / WAM  The 2022 Opec World Oil Outlook (WOO) will be launched at the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) 2022 in Abu Dhabi on Monday, October 31. Opec’s Secretary General, Haitham Al Ghais, along with Opec experts, will present the major findings of the WOO 2022, as well as introduce a video with key messages ...

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China boosted aid to new Pacific allies: Report

China increased financial assistance to the Solomon Islands and Kiribati, its newest diplomatic partners in the Pacific, even as it cut overall support for the region in 2020, research by the Lowy Institute found. Total development finance from the world’s second-largest economy fell to $187.9 million in 2020 from $205.4 million the previous year, according to the Pacific Aid Map ...

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Turkey says defense minister in talks on Ukraine grain deal

Turkey is holding talks with Russia after Moscow pulled out of the July agreement to allow Ukrainian crop shipments, a pact seen as critical to alleviate the global hunger crisis. Russia said Saturday that it was suspending the agreement, blaming strikes on its naval fleet, and on Sunday suggested without evidence that the drone attacks were launched from the Odesa ...

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Bolsonaro or Lula: Brazil heads to polls for historic vote

Brazilians head to the polls Sunday for a presidential runoff between incumbent Jair Bolsonaro and former President Luiz Inacio Lula da Silva, in what’s become the country’s most significant election since the return of democracy almost four decades ago. Polling stations opened at 8 a.m. and will close at 5 p.m. local time, with the governorships for states including Sao ...

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Seoul stampede leaves over 150 dead at Halloween festivities

At least 153 people were killed and dozens injured following a crowd crush during Halloween celebrations in Seoul, marking one of the deadliest incidents in South Korea in years. The crowd surge occurred Saturday night in the popular nightlife district of Itaewon, after a large number of people entered a narrow alley behind the Hamilton Hotel, fire and police authorities ...

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Investment to tackle climate change falls amid global crises

Geneva/ WAM Cross-border investment in climate change mitigation and adaptation is projected to decline in 2022 against the backdrop of a global investment downturn, according to a new report published by the UN Conference on Trade and Development (UNCTAD). Citing a bleak outlook for global foreign direct investment (FDI) in 2022, the report released in the lead-up to the UN ...

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Nigeria to open bidding for deep offshore oil blocks

Nigeria plans to auction deep offshore oil and gas licenses for the first time in 15 years, according to a senior government official. The West African country will launch a bidding round for seven deep-water blocks in November, the chief executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, said by phone. The government issued dozens of such permits ...

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Cleveland Clinic launches its ‘Connected’ programme

Abu Dhabi / WAM Cleveland Clinic has launched a robust programme of collaborative support to enable hospitals and healthcare organisations around the world to connect with the global health system’s clinical and operational experts to enhance patient care and distinguish themselves within their markets. The goal of the Cleveland Clinic Connected programme is to build a global network of independent, ...

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Sharjah Taxi ups fleet of hybrid vehicles by 65%

Sharjah / WAM Sharjah Taxi, a subsidiary of Sharjah Asset Management Company, investment arm of the government of Sharjah, is seeking to increase the number of its hybrid vehicle fleet cars that operate dually on both fuel and electricity. This decision is in line with the Emirate’s vision to rationalise the use of energy, in accordance with its development goals ...

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Adipec strengthens Abu Dhabi’s global position in oil, gas sector

Abu Dhabi / Gulf Time Dr. Ali Saeed Alameri, Chairman of Alshoumoukh Group, stated that the Abu Dhabi International Petroleum Exhibition 2022 was an important occasion to enhance Abu Dhabi’s global position in the oil and gas industry, especially with the important and rapid developments on the economic and geopolitical levels. He stressed the importance of investments in exploration and ...

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