Abu Dhabi / WAM The UAE cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, approved the establishment of the Executive Office of the Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT). The Executive Office will oversee the implementation of the UAE’s National AML/CFT Strategy ...

DUBAI / WAM The 2021 ministerial retreat concluded on Wednesday with a new edition of the National Agenda and strategic projects to boost the country’s competitiveness and speed up development in the next 50 years. The two-day retreat, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, and ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, received a letter addressed to President His Highness Sheikh Khalifa bin Zayed Al Nahyan, from Nawaf Al Ahmad Al Jaber Al Sabah, the Emir of Kuwait. The letter was delivered on Wednesday by Kuwaiti Foreign Minister Ahmed ...

Abu Dhabi / WAM The Ministry of Defence (MoD) and Tawazun Economic Council (Tawazun) have signed an MoU to establish and organise Research and Development (R&D) planning and execution for the defence and security sectors. The MoU was signed by Major-General Staff Pilot Ishaq Saleh Al-Balushi, Assistant Undersecretary for Industries, Ministry of Defence and Tareq Abdulraheem Al Hosani, Chief Executive ...

Abu Dhabi / WAM The United Arab Emirates will celebrate, on Thursday, the 60th National Day of Kuwait, which underscores the close ties and strong strategic partnership between the two countries. The UAE will host a series of distinguished activities to celebrate the annual National Day of Kuwait, which takes place on February 25. The celebrations will include illuminating the ...

We’re a little more than a year away from the first round of primary elections in the runup to the 2022 midterms. It’s far too early to have any idea what the outcome will be. But it’s not too early to start paying attention. (Sort of.) Party actors are certainly paying attention. They’re starting to make decisions that will, to ...

Home Depot Inc and Macy’s Inc can be thought of as the polar opposites of pandemic retailing: The home-improvement giant has been a chief beneficiary of the boom in purchases to make stay-at-home living comfortable, while the department store chain has been pummeled by a dearth of demand for new clothes. Though the pandemic has affected them in opposite ways, ...

While Britain’s vaccination program has been going full-tilt, life in the country remains in suspended animation. A new strategy was overdue, but which one? Many lawmakers in Boris Johnson’s Conservative Party have been demanding that he lift lockdown restrictions and reopen the economy. Infections, hospitalisations and deaths have been on a downward slope, helped by social distancing and perhaps seasonal ...

It’s less than a year since European Central Bank (ECB) President Christine Lagarde was forced to backtrack after her comment that “we’re not here to close spreads” roiled bond markets. As rising US Treasury yields drive European borrowing costs higher, she now faces the prospect of having to intervene to cap outright levels. With commodity prices near an eight-year high, ...

Bloomberg Joe Biden and Canadian Prime Minister Justin Trudeau said their nations would adopt a unified approach toward the pandemic, climate change and China, setting aside trade and other tensions in what the White House called the new US president’s first bilateral meeting. After about a two-hour virtual meeting between the two leaders and their staffs, Biden said that they ...