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Daman joins The Reach Campaign and ERC to end NTDs

  ABU DHABI / WAM The Reach Campaign announced that it has signed a memorandum of understanding (MoU) with the UAE’s leading health insurer, the National Health Insurance Company – Daman. As a founding partner, Daman pledged support over a three-year period, joining Reach’s strategic partner, the Emirates Red Crescent (ERC), in an effort to eliminate neglected tropical diseases (NTDs), ...

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US LNG exports top rivals for first time on shale revolution

  Bloomberg The US was the world’s biggest exporter of liquefied natural gas last month for the first time ever, as projects ramped up production and deliveries surged to energy-starved Europe. Output from American facilities edged above Qatar in December due largely to a jump in exports from the Sabine Pass and Freeport facilities, according to ship-tracking data compiled by ...

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China calls on nuclear-armed nations to focus on AI, space

  Bloomberg Beijing is calling on the world’s nuclear powers to expand discussions on global security to include emerging threats, following a rare multilateral pledge to temper the risks of nuclear war. Fu Cong, director-general of the Chinese Foreign Ministry’s Arms Control Department, told reporters in Beijing on Tuesday that the so-called P5 nations — China, France, Russia, the US ...

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Ajman sees 41% growth in commercial licenses in 2021

  Ajman / WAM The growth rate of the number of economic licences issued by the Department of Economic Development in Ajman (Ajman DED) during the 2021 reached 41 percent, while the number of establishments reached 27,913, and the Labour Resilience Index reached 17 percent. The efforts and initiatives launched by the Ajman DED during the 2021 have resulted in ...

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UAE signs pact with Vietnam to enhance cultural cooperation

  DUBAI / WAM The UAE Ministry of Culture and Youth has signed a Memorandum of Understanding (MoU) with the Ministry of Culture, Sports and Tourism of the Socialist Republic of Vietnam, for cooperation in culture encompassing antiquities, heritage, arts and libraries. The two countries have agreed to support cultural and creative industries and talented people, exchange knowledge, encourage a ...

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Reem Finance-Tadbeer tie up to finance workers’ recruitment

  DUBAI / Gulf Time Reem Finance PJSC, a leading company offering financial services across the UAE, announced launching ‘Amala’ program, a unique service to finance hiring domestic workers. The program helps make domestic worker recruitment through Tadbeer centers more attractive. According to the company, this is the first personal finance service offered to the public, as Reem Finance has ...

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Germany, Austria blast plan to call some gas, nuclear ‘green’

  Bloomberg Germany and Austria came out strongly against the European Union proposal to classify some natural-gas and nuclear projects as sustainable investments, with both countries accusing the bloc of “greenwashing.” In Berlin, the Greens — who joined Germany’s new ruling coalition following September’s election — criticised the regulatory plan as damaging the credibility of the EU green rulebook, known ...

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US catches Kremlin insider who may have secrets of 2016 hack

  Bloomberg In the days before Christmas, US officials in Boston unveiled insider trading charges against a Russian tech tycoon they had been pursuing for months. They accused Vladislav Klyushin, who’d been extradited from Switzerland on Dec. 18, of illegally making tens of millions of dollars trading on hacked corporate-earnings information. Yet as authorities laid out their securities fraud case, ...

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Sudan’s premier quits amid deadly protests against military rule

  Bloomberg Sudanese Prime Minister Abdalla Hamdok resigned, saying that attempts to share power between the military and civilians had failed as deadly protests continued to rage against October’s coup. Without nationwide consensus on the way forward, the North African country risks sliding into chaos, Hamdok said in a televised address. His resignation, which had been expected for more than ...

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German government promises $34 billion in tax relief measures

  Bloomberg Germany’s Finance Minister Christian Lindner said the new government is working on tax relief measures of more than 30 billion euros ($34 billion). “In this legislative period, we will relieve people and medium-sized businesses by well over 30 billion euros,” he told German newspaper Bild am Sonntag. Planned measures include the ability to fully deduct contributions to pension ...

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