Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc) announced on Tuesday that it has signed long-term gas sales agreements with two of the United Arab Emirates’ (UAE) leading industrial companies: Emirates Steel (ES), the largest integrated steel producer in the UAE, and Arkan, a construction and building materials company in Abu Dhabi. The agreements underscore the role ...

Abu Dhabi / WAM Aldar Properties (Aldar) announced the launch of 189 standalone villas at Noya Luma on Yas Island. Noya Luma sits adjacent to the rest of the Noya community on the north side of the island and is open to buyers from all nationalities on a freehold basis. With significant interest registered in four-bedroom villas during the first ...

Moscow / WAM The Director-General of Emirates News Agency (WAM), Mohammed Jalal Al Rayssi, met Mikhail Gusman, First Deputy Director-General of Russian News Agency (TASS), and discussed ways to enhance cooperation and exchange of experiences between the two news agencies, based on the well-established UAE-Russia relations. This came during the visit of Al Rayssi to the headquarters of TASS, accompanied ...

DUBAI / WAM The constant and rapid accumulation of data on smart devices has driven the development of several innovative businesses that are enabled by data. This has led to the emergence of the global data economy in which companies and countries are collecting, processing and analysing data to generate insights but also underpin artificial intelligence (AI) and machine learning ...

All across the US, people are hugging, talking in each other’s faces, going to the office, attending indoor sports events and not wearing masks in the Walmart. Yet the Sars-CoV-2 virus that causes Covid-19 continues its retreat, with confirmed cases down by more than 50% over the past month. Most of the credit for this wonderful turn of events has ...

As Bitcoin attempts its latest price rebound after a 40% slump in three days, its long-term potential as an investable asset is becoming linked inextricably to its cost for the rest of society. This is increasing the pressure on policy makers to do more. The US Federal Reserve’s Lael Brainard nodded to this, when she warned that a proliferation of ...

By intercepting an airliner traveling between two European capitals in order to arrest a critic of his regime, Belarusian dictator Alexander Lukashenko has violated international law and committed an act of aggression against his neighbours. Initial statements from Western leaders have been forceful but insufficient. The EU should take swift action in response — and make clear to Lukashenko’s patron, ...

A t the highest level, it looks as if the Federal Reserve hasn’t done much of anything for several months. Interest rates remained pinned near zero. Officials insist that any moves higher in inflation are transitory. Asset purchases continue unabated. However, a significant shift appears to be brewing beneath the surface at the central bank that could drastically reshape a ...

Bloomberg Iceland will get a new airline next month as startup Play Air seeks to capitalise on the North Atlantic island’s recovery from the coronavirus crisis and inclusion on the UK’s green list for quarantine-free travel. The launch of flights to seven European cities from June 24 comes almost two years after Play was first conceived as a successor to ...

Bloomberg Authentic Brands Group LLC, the owner of brands such as Brooks Brothers, Juicy Couture and Forever 21, is exploring going public as soon as this year, according to people with knowledge of the matter. The New York-based company has held discussions with potential advisers about an initial public offering, the people said, asking not to be identified because the ...