News

Bloomberg US factory production rose in March by more than forecast, marking the third straight month of gains that show steady progress for manufacturers against a backdrop of gradually improving supply chains. The 0.9% increase followed a 1.2% gain in February, Federal Reserve data showed. Total industrial production, which also includes mining and utility output, also rose 0.9% during the ...

  Bloomberg Developers responsible for building half of the new homes in the UK have committed more than 2 billion pounds ($2.6 billion) to help fix safety issues. So far 35 developers have made commitments to fix issues on buildings that are up to 30-years old, the UK department for Leveling Up, Housing and Communities said in a statement. The ...

  Bloomberg Danish inflation is higher than millennials have ever experienced in their lives. After a decade of price increases clocking in at less than 2% a year, consumers are now having to contend with a whopping 5.4% gain in March from a year earlier — a level not seen since May 1985, when the internet was in its infancy ...

  Bloomberg Spain is set to pare back its economic growth forecast due to the impact of Russia’s invasion of Ukraine, Prime Minister Pedro Sanchez said. “It’s clear that Putin’s war in Ukraine is having an impact not only on the European economy, but also on the the global one, and that there will be a downward revision in the ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has launched its annual Ramadan awareness campaign to raise awareness about conservation and having a sustainable and responsible lifestyle. This supports Islamic values that encourage moderation and reducing waste. During the campaign, Dewa has organised a series of virtual and physical awareness lectures to encourage the community to contribute to ...

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a cable of congratulations to President Bashar al-Assad of the Arab Republic of Syria on his country’s National Day. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His HH Mohamed bin Zayed ...

  DUBAI / WAM Following the leading role of the UAE in serving humanity and providing aid and assistance to the world’s population, the Dubai Customs’ Logistics City Centre provides its continuous support to facilitate processes and operations of companies and traders, and in particular in the shipments of the International Humanitarian City. These efforts have a great impact on ...

  AJMAN / WAM Muhammad Ali Al Janahi, Acting Director-General of the Ajman Chamber of Commerce and Industry (ACCI), has confirmed that the Ajman Chamber has increased its new members from establishments during 2021, which reflects the chamber’s efforts in promoting Ajman’s economic fundamentals and investment opportunities available in various sectors, strengthening global relations to attract new investors, and intensifying ...

  SHARJAH / WAM The Electricity Distribution Department of the Sharjah Electricity, Water and Gas Authority (Sewa) carried out 35 road and street lighting projects during 2021. The projects included the installation of 7,132 new lighting poles, laying 215 km of cables, installing 97 lighting boxes, 30,497 lighting network maintenance works carried out, and 114,97 lighting units installed, the majority ...

  Abu Dhabi / WAM The total number of electronically filed applications completed remotely before the courts during the first quarter of this year reached 150,507, in addition to 25,222 requests completed during the same period by the Public Prosecution and 24,643 handled by the Notary Public, Youssef Saeed Al Abri, Undersecretary of the Abu Dhabi Judicial Department (ADJD), said. ...