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  Dubai / WAM Around 76.5% companies registered growth in their businesses during Expo 2020, while 73.5% managed to build new business relations during the world’s greatest show, according to a report commissioned by Dubai Chamber of Commerce. In terms of services provided by Dubai Chamber during the event, 70.6% of respondents to the survey conducted as part of the ...

Bloomberg The European Union said that work is under way on additional sanctions to penalise Russia for what appear to be war crimes in Ukraine, condemning “in the strongest possible terms” alleged atrocities committed against civilians. In a statement on behalf of the 27-nation bloc, Josep Borrell, the EU’s chief foreign envoy, laid the blame for the “haunting images of ...

  Bloomberg The US added close to half a million jobs in March and the unemployment rate fell by more than expected, highlighting a robust labour market that’s likely to support aggressive Federal Reserve tightening in the coming months. Nonfarm payrolls increased 431,000 last month after an upwardly revised 750,000 gain in February, a Labour Department report showed. The unemployment ...

Bloomberg European regulators are asking Microsoft Corp. partners and rivals for information related to a complaint made against the software maker alleging anti-competitive behavior in the cloud-computing services market. The European Commission in March circulated a questionnaire, seen by Bloomberg News, focusing on how Microsoft licenses its products. The questions may lead to a formal inquiry, and follows an antitrust ...

  DUBAI / WAM His Highness Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, chaired on Sunday in Dubai a meeting of the interior ministers of the International Security Alliance states, which includes the UAE, France, Italy, the UK, Morocco, Spain, Israel, Senegal, Singapore, Slovakia. The Netherlands also joined the alliance, which ...

  Abu Dhabi / WAM The UAE and Israel have signed a memorandum of understanding (MoU) on cooperation in the field of maritime transport, exchange of experiences, and strengthening strategic partnership, as part of the Abraham Accords Peace Agreement. The MoU was signed by Suhail bin Mohammed Al Mazrouei, the UAE Minister of Energy and Infrastructure, and Merav Michaeli, the ...

  Abu Dhabi / WAM The United Arab Emirates welcomed the announcement by Hans Grundberg, Special Envoy of the United Nations Secretary-General for Yemen, to commence a truce and halt all forms of military operations in Yemen and on the Saudi-Yemeni borders. In a statement issued by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the UAE welcomed the ...

  Bloomberg The UK will detail plans to broaden its energy sources as the war in Ukraine, sanctions on Russia and a cost-of-living crisis forces countries across Europe to urgently revamp how they generate electricity and heat homes. The main focus will be on nuclear and wind power, two industries that haven’t been short of controversy. Government minister Grant Shapps ...

Bloomberg Sri Lankan President Gotabaya Rajapaksa barred gatherings and ordered internet service providers to restrict social media access, tightening curbs amid demonstrations calling for his ouster over soaring living costs and a foreign exchange crisis. Several dozen opposition lawmakers had set off on a march toward Independence Square in Colombo, defying a weekend curfew although they were stopped by armed ...

  Abu Dhabi / WAM AD Ports Group, the region’s premier facilitator of logistics, industry, and trade, has partnered with UAE-based, multi-business conglomerate Ghassan Aboud Group to establish one of the region’s largest automotive export and distribution hubs in Kizad. The launch was announced at the official ceremony held in Abu Dhabi in the presence of key stakeholders and officials. ...