Iran seeks trade boost with Syria during Raisi’s visit to Damascus

• Raisi said Iran and Syria had signed 15 "cooperation documents" which would allow "both countries to open a new chapter in economic relations".
• Raisi and Assad signed a deal on "long-term strategic cooperation", covering fields including oil, aviation, railways and agriculture.

DEWA customers can make payments via Samsung Pay

Global energy firms must pay up to prevent spill: Yemen company

• Hayel Saeed Anam Group, which in August contributed $1.2 million to UN clean-up campaign, made the appeal hours before a virtual donor conference hosted by Britain and Netherlands
• The Safer's 1.1 million barrels contain four times as much oil as that spilled in the 1989 Exxon Valdez disaster off Alaska, one of the world's worst ecological catastrophes

Iran seizes oil tanker in Strait of Hormuz, says US Navy

• A dozen Iranian Navy fast-attack craft swarmed the vessel in the middle of the strait, said a statement from the Bahrain-based US Fifth Fleet.
• The troubled but commercially vital Gulf waters, which carry at least a third of the world's seaborne oil, have witnessed a spate of incidents since 2018.

BP back in Q1 profit

• BP posted for the first three months of 2022 its biggest quarterly loss ever, at $20.4 billion after taxes, after Western sanctions forced its exit from Russia
• The company also revealed that underlying profit dropped by one fifth to $5 billion, reflecting lower energy prices compared with one year earlier

ADNOC and TotalEnergies sign agreement to export LNG globally

• Under the deal, ADNOC Gas will supply TotalEnergies LNG, which will be delivered to various export markets around the world.
• "This agreement reflects our commitment to meeting the needs of our customers by offering supply security," said CEO ADNOC Ahmed Alebri.

AD Ports Group purchases bulk carriers, crude oil tankers

• These vessel acquisitions will follow the recently signed agreements as part of the Group’s strategic global expansion objectives.
• The five bulk carriers, to be purchased for AED459 million, form part of the long-term agreement with Saif Powertec, signed in April 2022.

Arabian Travel Market unveils Monday in Dubai

• The event, on May 1-4, will see global travel, tourism, and hospitality experts discuss how their industry is ‘Working Towards Net Zero’.
• Exhibitor participation in the event has risen by 27 percent compared to last year’s event, with growth registered across all show sectors.

DEWA keen to enhance happiness in work environment, says CEO

• "We harness all capabilities, technologies and digital solutions to strengthen the skills of our employees," DEWA CEO said.
• "We consider employees the main pillar for strengthening DEWA’s position as one of the most prominent utilities in the world," he said.

AI key to global opportunities, practical solutions

• Key research projects at MBZUAI focus on sustainable environment, infrastructure, healthcare, education, and large language models, says an official
• AI has the potential to contribute to the UAE's net-zero strategic initiative by reducing greenhouse gas emissions and advancing climate progress