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MADRID / WAM The UN Secretary-General Antonio Guterres released on Tuesday a thematic brief on the impact the pandemic has had on tourism. Drawing on the latest data from the World Tourism Organisation, the lead author of the publication, it warns that as many as 100 million direct tourism jobs are at risk, and massive drop in export revenues from ...

Bloomberg Octopus Energy Ltd, the clean energy provider, plans to add millions of new customers this decade on a pace that could soon make it the UK’s largest energy supplier. Octopus Energy hopes to reach about 5 million households in the UK by 2025, according to Chief Executive Officer Greg Jackson, up from about 1.6 million today. The British energy ...

Bloomberg Russia brushed off a call by German Chancellor Angela Merkel for a full investigation into the suspected poisoning of Alexey Navalny, saying it’s still not clear yet that the opposition leader was exposed to a toxic substance. “If the substance is identified and it’s shown to be a poisoning, that would be basis for an investigation,” Kremlin spokesman Dmitry ...

ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Mohammed Haneef Atmar, Minister for Foreign Affairs of Afghanistan, have discussed strategic and cooperation relations between the two countries in various fields. This came during a telephone call, wherein the ministers exchanged views on the latest regional and international developments, ...

Fujairah / WAM National Bank of Fujairah (NBF) on Monday announced the launch of “NBF Connect”, a dedicated and exclusive banking platform for Small and Medium Enterprises (SMEs) and the first of its kind in the UAE. The community platform will serve as a one-stop shop for SME members, which will include access to a suite of services and solutions ...

Sharjah / WAM His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member, Ruler of Sharjah and President of Al Qasimia University (AQU) approved the budget of the University for the academic year 2020/2021. According to this approved budget, 300 students will be accepted to study in the current semester, with the continuation of studies for 1,252 students ...

Abu Dhabi / WAM Aldar Properties PJSC (Aldar) published its second annual sustainability report, demonstrating strong progress in 2019 and charting an ambitious roadmap for the future through a number of key commitments. Formulated in close alignment with key global indices and standards including the Global Reporting Initiative (GRI) Standards, the report formally enshrines Aldar’s approach to responsible corporate citizenship, ...

Bloomberg Royal Dutch Shell Plc said it’s considering a sale of a Norwegian natural gas supplier, as the energy major continues to selectively dispose of assets. The company is exploring a disposal of its Gasnor unit, a spokesperson confirmed in response to Bloomberg queries. Shell has approached infrastructure funds and private equity firms about a deal, people with knowledge of ...

Bloomberg Several of Alibaba Group Holding Ltd’s biggest investors have converted billions of dollars in US shares for Hong Kong stock in part to avoid potential US sanctions and de-listings of major Chinese technology companies. Temasek Group Holdings Pte, Baillie Gifford & Co, and Matthews Asia are among the major shareholders that have swapped stakes in the Chinese e-commerce giant ...

Bloomberg Thailand is cautiously looking at plans to reopen its borders as it struggles to survive an extended period without international visitors, who account for about two-thirds of the country’s tourism income. “The virus won’t go away soon and we have to think about the economy. But we can’t just reopen the borders. We have to be careful,” Transport Minister ...