News

Norway’s GDP grows in Q2, helped by services

  Bloomberg Norway’s economy grew in line with analysts’ forecasts in the second quarter, boosted by a post-pandemic rebound in service industries that outweighed the dent from surging prices. Mainland GDP, which adjusts for the oil-rich nation’s offshore industry, expanded 0.7% from the previous three months, the statistics office said. This was in line with economists’ projections in a Bloomberg ...

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German Rhine River’s navigability improves

  Bloomberg The water level at a key German chokepoint on the Rhine River jumped, easing a crisis that’s hampered energy and industrial production this month. The marker at Kaub — a narrow and shallow waypoint west of Frankfurt — jumped to 47 centimeters from 35 centimeters a day earlier, according to Federal Waterways and Shipping Authority. At that depth ...

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UAE President appoints Jabr Al Suwaidi as Minister of State

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a Federal Decree appointing Jabr Mohammed Ghanem Al Suwaidi as Minister of State. Federal Decree No. 97 of 2022 shall be effective from the date of issuance and shall be published in the Official Gazette.

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UAE is a global pioneer of humanitarian work

  Abu Dhabi / WAM Hamad Salem bin Kardous Al Ameri, Director-General of the Zayed Charitable and Humanitarian Foundation (Zayed CHF), said the foundation is continuing to implement its key overall objectives established by the late Sheikh Zayed bin Sultan Al Nahyan to provide people with decent lives without discrimination, as part of the efforts to promote the noble values ...

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World Bank mobilises $20.7bn to help LatAm, Caribbean economies

Washington / WAM As Latin America and the Caribbean (LAC) continues to deal with the negative impact of the pandemic, the World Bank group (WBG) deployed $20.7 billion to support the region in its just-completed fiscal year ending June 30. These brings the WBG support to LAC since April 1, 2020, to an unprecedented total of $49.8 billion to fight ...

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UAE shipped $16.34m worth of medications

Dubai / WAM The Dihad Sustainable Humanitarian Foundation, in collaboration with Emirates Red Crescent (ERC), sent the first medicines and medical supplies shipment worth AED60 million (16.34 million) to countries in need to reduce burden on patients suffering from severe health conditions and chronic diseases around the world. The shipment comes as part of the ‘Forevercare’ Initiative which was launched by ...

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Dubai records AED10.3b in weeklong realty deals

Dubai / WAM The real estate and properties transactions valued at AED10.3 billion in total during the week ending August 19. The sum of transactions was 3,149. 344 plots were sold for AED2.55 billion, 2,239 apartments and villas were sold for AED3.94 billion. The top three transactions were a land in Al Wasl sold for AED400.18 million, followed by a ...

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UAE’s humanitarian efforts have become sustainable approach

  Dubai / WAM Abdul Rahman bin Mohammad bin Nasser Al Owais, Minister of Health and Prevention and Minister of State for Federal National Council Affairs, has emphasised that the UAE will continue to extend a helping hand to all those in need around the world, irrespective of their religion, race or colour, adding that the country’s humanitarian aid has ...

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UAE sends medications worth AED60m to needy

  Dubai / WAM The Dihad Sustainable Humanitarian Foundation, in collaboration with the Emirates Red Crescent (ERC), has sent the first medicines and medical supplies shipment worth AED60 million to countries in need to reduce the burden on patients suffering from severe health conditions and chronic diseases around the world. The shipment comes as part of the ‘Forevercare’ Initiative which ...

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Covid-19: UAE reports 659 new recoveries

  Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 230,589 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. ...

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