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Dubai / WAM In the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, FedEx Express, a subsidiary of FedEx Corp. and the world’s largest express transportation company, has signed an agreement with Dubai South to build its new ...

Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), and the “Mother of the Nation”, congratulated the UAE leadership and people on the occasion of the UAE Flag Day, which is observed on November 3 ...

Dubai / WAM The Dutch Minister for Foreign Trade and Development Cooperation, Tom de Bruijn, arrived in the UAE on Tuesday, leading a 50 Dutch company representatives. The minister wants to “make new partners for solving global challenges and deepen relations with existing partners in the UAE and broader Gulf region,” a press release by the Consulate General of the ...

Bloomberg President Emmanuel Macron backed away from his imminent threat to punish the UK for restricting the access of French fishing boats to British waters, saying he would give negotiations more time. “The British are going to come back to us tomorrow with further proposals. We’ll see where we are at the end of the day,” Macron told reporters in ...

Bloomberg Almost half of UK companies expect to increase prices, a record high, adding to inflation concerns that will weigh on Bank of England policy makers ahead of their meeting this week. A survey by Lloyds Banking Group Plc showed 45% of businesses expect to raise prices, which will buttress market expectations that the UK central bank will deliver its ...

Bloomberg Mexico’s economy shrank in the third quarter after new legislation banning labour outsourcing hit the services industry and coronavirus cases surged. Gross domestic product declined 0.2% from the previous three-month period, compared to the median estimate in a Bloomberg survey of no growth. It’s the first contraction since the second quarter of 2020, when Mexico imposed its harshest set ...

Bloomberg Italy’s manufacturing sector saw more rapid expansion last month, bucking the general weakening trend in the region as Prime Minister Mario Draghi tries to spur growth in the euro area’s third-largest economy. The Netherlands, Ireland and Greece also recorded stronger performances in surveys of purchasing managers by IHS Markit. With Germany, France and Spain lagging behind, momentum in the ...

Bloomberg The record steel rally is starting to show early signs of cooling, with one top US producer scouring for buyers to take over abandoned orders of high-end metal used by automakers. US Steel Corp is offering metal originally earmarked for automotive customers who opted not to take up their full orders, an indication that an ongoing semiconductor shortage is ...

Dubai / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, has emphasised the importance of Dubai Airshow 2021, describing the event as “an opportunity to reconnect the aviation, aerospace, space and defence industries.” During a press conference in Dubai ...

Abu Dhabi / WAM Roberto Speranza, Italian Minister of Health, and current president of the G20 ministers of health, has praised the UAE for its exemplary efforts in combating the coronavirus pandemic and speed in implementing one of the most effective Covid-19 responses globally, evident with one of the lowest mortality and infection rate around the world. The approach ensured ...