Author: Editor
In response to mounting supply tightness concerns over disruptions in Russian exports, the possibility of major producers cutting output, as well as the partial shutdown of a U.S. refinery, oil prices rose on Thursday. By 0400 GMT, Brent crude was up 59 cents, or 0.6%, at $101.81 a barrel. By comparison, West Texas Intermediate crude rose 42 cents, or 0.4%, to $95.31 a barrel. On Wednesday, both crude oil benchmark contracts touched three-week highs after the Saudi energy minister flagged a possibility, according to Reuters, that the Organization of Petroleum Exporting Countries and its allies, also known as OPEC+, would…
In order to achieve carbon neutrality, Etihad Airways has committed to adopting a mangrove tree for each guest booking an Economy Space seat. As part of the Etihad Forest initiative, Etihad will create a network of mangroves and other forests in Abu Dhabi and around the world. This will protect biodiversity, wildlife, and the environment. Etihad Mangrove Forest is expected to plant 182,000 mangroves by the first quarter of 2023 in Abu Dhabi. This is before planting new forests worldwide in the next phase of the programme. It is estimated that mangroves remove up to four times more carbon dioxide…
The Integrated Transport Centre (ITC) of the Department of Municipalities and Transport (DMT) in Abu Dhabi has announced the start of enforcing fines for violations of bicycle and electric bike regulations for individuals’ use in Abu Dhabi, in cooperation with the Abu Dhabi Police. According to both parties, the goal is to implement the highest standards of safety and security, promote positive behavior, and abide by the regulations governing a safe society. It was confirmed by the ITC that the new regulation was part of ITC’s efforts, implemented in collaboration with the relevant strategic stakeholders, aimed at diversifying transport means,…
A further softening of Ankara’s stance towards Damascus was expressed by Turkish Foreign Minister Mevlut Cavusoglu, who said there were no preconditions to a dialogue with the Syrian government. During the 11-year conflict, Turkey has supported rebels fighting to topple Syria’s President Bashar al-Assad and cut diplomatic relations with Damascus. As reported by Reuters, Turkish President Recep Tayyip Erdogan has warned that Turkey could launch another military incursion into northern Syria in order to extend a safe zone. There, he says some of the 3.6 million Syrian refugees that it currently hosts can return, in a move that could lead…
In response to the torrential rains and floods that have deluged Sudan, the Saudi Aid Airlift has sent the first batch of food and shelter aid. This is to support those who have been affected by the floods and torrential rains. KSrelief dispatched support in response to the directives of King Salman bin Abdulaziz Al Saud, Custodian of the Two Holy Mosques. Ali bin Hassan Jaafar, the Saudi Ambassador to Sudan, received the two airplanes. According to the ambassador, the humanitarian aid comes to alleviate the suffering of those affected by the torrential rain and floods in various Sudanese cities…
As part of its continued expansion plans, ADNOC Drilling Company (ADNOC Drilling) has signed an agreement with a major oil and gas company to acquire an additional jack-up drill (rig) for the price of $70 million. The cost of the acquisition is included in the Company’s three-year capital expenditure guidance and strategic expansion plans. This is the third sale and purchase agreement signed by the Company in recent months. This follows an agreement for two premium drilling units signed on 30th May and another for one premium drilling unit inked on 10th June. The four premium offshore drilling units are…
The Chinese state news agency Xinhua reported on Wednesday that the country has launched the Long March-2D rocket carrying a satellite into space. Known as Beijing-3B, the satellite was launched from the Taiyuan Satellite Launch Centre, which is located in the northern province of Shanxi, at 11:01 am on March 13, and soon after entered the orbit that was specified. In addition to its use as a remote sensing service provider, the system will be used for a variety of purposes, including land resources management, agricultural resources assessment, environmental monitoring, and city management. According to the launch center, this is…
United Nations (UN) Under-Secretary-General for Management Strategy, Policy and Compliance Catherine Pollard has praised Vietnam’s positive contribution to UN operations, including those made by Vietnamese employees working for UN agencies, according to state news agency (VNA). During a meeting with Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN, the UN official expressed her willingness to work closely with Vietnam and other UN member countries to enhance the effectiveness of UN activities, improve multilateralism, and increase member country representativeness. In addition to emphasizing Vietnam’s commitment to contributing actively to UN operations, Ambassador Giang also highlighted Vietnam’s financial contributions…
As part of international efforts to support agricultural productivity and sustainability of resources in light of climate change challenges, a new quadripartite collaboration aims to develop degraded ecosystems in the Aral Sea region and support resource-poor rural communities. The project will be implemented by the International Center for Biosaline Agriculture (ICBA) through its Regional Office for Central Asia and the South Caucasus in Tashkent, Uzbekistan, funded by the Abu Dhabi Fund for Development (ADFD). Uzbekistan’s Ministry of Innovative Development and Uzbekistan’s Ministry of Agriculture will partner on the project. The project will specifically target vulnerable communities living in the degraded…
Several Arab leaders attended the Arab consultative meeting held in New El Alamein City on Egypt’s north coast on Tuesday. These included UAE President Sheikh Mohamed bin Zayed Al Nahyan, Egypt President Abdel Fattah El Sisi, Bahrain King Hamad bin Isa Al Khalifa, and Jordan King Abdullah. The leaders emphasized the importance of ongoing Arab consultations to strengthen cooperation in various fields for the benefit of Arab countries and to meet the aspirations of Arabs. It was stressed during the meeting that Arab actions must be stepped up and unified to meet challenges. The leaders also discussed the latest regional…