News

  Amman / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said that the UAE, under the directives of its wise leadership, is continuing its pioneering efforts to forecast the future of the energy sector, in cooperation with its global partners, and has become a globally trusted energy supplier. He made this statement during his participation as ...

  Abu Dhabi / WAM Etihad Airways has been recognised in the Airline Passenger Experience (Apex) Passenger Choice Awards in a glittering awards ceremony in Dublin, Ireland, on Wednesday. The UAE’s national airline took home the 2022 Passenger Choice Award for Best Entertainment in the Middle East. On Etihad’s E-BOX entertainment offering, guests will find over 200 movies, more than ...

  Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 286,851 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Thursday, 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 ...

  Abu Dhabi / Gulf Time HE Massimo Baggi, the honourable Swiss ambassador to the UAE, was the guest of honour at the opening ceremony of the Swiss watchmaker’s first exclusive mono-brand store in Abu Dhabi. Yousef Al Khoori, CEO of Mohammed Rasool Khoory & Sons, received the honourable ambassador in the presence of Roland Enderli, Sales Director of Tudor ...

Bloomberg President Emmanuel Macron aims to reform France’s pension system by the summer of 2023, he told French news outlets in his first extended interview since his re-election in April. The reform, which initially aimed to lift the retirement age from 62 to 65, is essential to financing Emmanuel Macron’s larger ambitions for his second five-year term. He discussed those ...

  Bloomberg UK economic growth is grinding to a halt as the cost of the living crisis escalates, a leading business lobby warned. The British Chambers of Commerce (BCC) predicted output will be barely higher in the fourth quarter than it was at the end of 2021, with consumers and businesses set to rein in spending as taxes climb and ...

  Bloomberg Nearly half of all Germans can no longer afford their lifestyle as inflation surges from one record to the next, according to a poll conducted for public broadcaster ARD. About 47% indicated they’re strongly or very strongly cutting back on spending. In low-income households, that share rises to more than three-quarters. The survey was conducted among 1,337 Germans ...

  Bloomberg New York City’s requirement that 2- to 4-year-old wear masks in schools and day care centers is coming to an end next week, Mayor Eric Adams said on Thursday. Starting Monday, June 13, masks will be optional for children under age 5 in all early childhood settings, Adams said in a statement. “I have always said that the ...

  Bloomberg Italian Premier Mario Draghi said surging inflation in Europe doesn’t reflect excess demand, and there’s still spare capacity to be found in the region’s economy. The former European Central Bank president spoke out on the day that officials led by his successor, Christine Lagarde, are set to stop bond purchases and firm up plans for interest-rate increases to ...

  Bloomberg Hungarian Prime Minister Viktor Orban used his emergency powers to publish decrees on a sweeping set of windfall taxes and to order about $6.1 billion in spending cuts for this year and next. The measures, which will hit industries from banking to energy and airlines to telecommunications, underscore the extent of the budget imbalance that has spooked investors ...