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Bloomberg The euro area’s rebound from the pandemic will be weaker than anticipated while inflation will be faster because of Russia’s war in Ukraine, according to draft projections by the European Commission. With surging prices crimping demand and the danger of winter energy shortages draining confidence, gross domestic product is likely to advance 2.6% this year and 1.4% in 2023 ...

Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has said that the people of the UAE, and striving to empower them, has always been and continues to be the nation’s top priority. “Ensuring our people have everything they need to live fulfilled, comfortable, and happy lives, remains the basis of all our future plans,” His ...

  Abu Dhabi / WAM Emirates Global Aluminium (EGA) and Kawasaki Kisen Kaisha (K Line group), one of the world’s largest shipping groups, on Wednesday signed an agreement to cooperate on research and pilot projects to decarbonise bulk cargo shipping. The cooperation is expected to focus on the development and implementation of new marine decarbonisation technologies suitable for EGA’s bulk ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has completed the digital integration of more than 70 projects with government and private organisations. Through this step, Dewa makes it easier to get a wide range of services, including bill payment, information updates, activation of electricity/water (Move-in), housing fees adjustment, refunds, updating trade license and others. Saeed Mohammed Al ...

Bloomberg Sri Lankan President Gotabaya Rajapaksa left the country for the Maldives on a military aircraft, an air force spokesman said on television, hours ahead of his expected resignation on Wednesday. The Sri Lankan Air Force provided an aircraft for the 73-year-old leader to leave the country following a decision by the security council, Air Force spokesman Group Captain Dushan ...

Bloomberg About 20 million Americans quit their jobs in the first five months of this year, in what’s come to be known as the Great Resignation. Many now regret the decision, according to a new survey. More than one-quarter of those who left work are reconsidering whether they made the right move, according to a study of more than 15,000 ...

Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan received the grade 12 top male and female students for academic year 2021 – 2022, their parents and a number of educational leaders at Qasr Al Bahr on Tuesday. Congratulating the top achievers, President His Highness Sheikh Mohamed bin Zayed said:” I and my guest at this ...

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a Federal Law Decree on the establishment and regulation of the Citizens and Community Affairs Office of the Presidential Court. Decree No. 2 for 2022 stipulates that the Citizens and Community Affairs Office, which will have its own legal personality and administrative and financial ...

  Abu Dhabi / WAM The Anwar Gargash Diplomatic Academy (AGDA) announced the opening of registration for its two Master of Arts programmes. Running until August 21, Emiratis who have a keen interest in diplomatic leadership and humanitarian action are invited to apply for one of AGDA’s two accredited programmes. AGDA is offering talented Emiratis the chance to pursue their ...

Bloomberg The UK’s next prime minister is likely to have a weaker commitment to achieving net-zero carbon emissions than Boris Johnson. The outgoing British leader made cutting emissions a priority and sought leadership on the global stage by hosting the COP26 summit in Glasgow in November. But in the middle of a cost-of-living crisis caused by rising fuel and food ...