News

  Dubai / WAM du, from Emirates Integrated Telecommunications Company (EITC), has announced an exclusive offer to honour and empower UAE teachers to communicate and educate in their respective institutions. Designed specifically to meet their professional and personal requirements, the plan will offer teachers value for money, flexibility to educate out of class and connectivity in remote areas. du’s Educator’s ...

  Dubai / Gulf Time Emirates SkyCargo sets up an airbridge between Dubai and Pakistan to offer cargo capacity free of charge on flights to transport relief aid to people grappling with the damage caused by the devastating floods. Cargo capacity on all Emirates’ passenger flights to Pakistan will be available to organisations based at the world’s largest humanitarian hub, ...

  Bloomberg Microsoft Corp.’s planned $69 billion purchase of Activision Blizzard Inc. will be sent for an in-depth review unless the tech giant offers remedies to address the UK watchdog’s concerns. The Competition and Markets Authority (CMA) said it was concerned about a substantial lessening of competition in the gaming consoles, multi-game subscription services and cloud gaming markets. It gave ...

  Bloomberg The Canadian economy accelerated in the second quarter as the nation benefited from surging commodity prices and got a boost from the lifting of Covid-19 lockdowns, though signs are emerging the momentum is waning. Gross domestic product rises at a 3.3% annualised rate after a 3.1% increase in the first three months of the year, Statistics Canada reported. ...

  Bloomberg Spanish inflation eased for the first time in four months, though surging energy prices as Russia limits supplies before the winter mean the retreat from record highs will probably be slow. European Union-harmonised consumer prices rise as much as 10.3% from a year ago in August, down from July’s 10.7% increase, Spain’s statistics service said in a statement. ...

  Bloomberg US pending home sales fall in July for the sixth time this year to the lowest level since the start of the pandemic, extending the housing market’s sharp downturn as high borrowing costs sideline prospective buyers. The National Association of Realtors’ index of contract signings to purchase previously owned homes decreased 1% from a month earlier to 89.8, ...

  Bloomberg Argentina etched out a job market program aimed at addressing informal labour as it seeks to lower government spending. A government decree created the “puente” or bridge program by which social welfare recipients can continue to receive their handouts for a year after starting a formal, payroll job. The government will also cover all employer contributions during that ...

  Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) announced on Thursday that its first shipment of low-carbon ammonia has left the UAE bound for Hamburg, Germany. This is the first ever cargo of low-carbon ammonia to be shipped to Germany. The demonstration cargo will be delivered to Aurubis, a leading global provider of non-ferrous metals and one ...

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Shavkat Mirziyoyev of Uzbekistan, on the occasion of his country’s Independence Day, which is marked on 1st September. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, also ...

  Dubai / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, participated in the Joint Environment and Climate Ministers’ Meeting as part of the G20 Summit, hosted under the presidency of the Republic of Indonesia. At the event, Almheiri highlighted the importance of demonstrating solidarity by forging meaningful regional and global partnerships to tackle environmental and ...