News

  Abu Dhabi / Gulf Time Tawasal Superapp, a secure multi-purpose messenger and digital lifestyle app, has launched its first public release lately in Abu Dhabi. This application consists of many mini applications, among them a communication platform with free video & audio calls and instant messages with unsurpassed quality & message encryption. This mini application allows its users to ...

  DUBAI / WAM Dubai International Boat Show (DIBS) is set to return from March 9-13, uniting the global maritime and leisure industry and underlining the importance of sustainability with a range of interactive features and 34 launches throughout the five-day show. Running at its new Dubai Harbour home, the 28th edition of the showcase is the Mena yachting industry’s ...

  NEW YORK / WAM The United Arab Emirates has voted in favour of the United Nations General Assembly resolution on the situation in Ukraine. Speaking at the UN General Assembly’s emergency special session, Lana Nusseibeh, Assistant Minister for Political Affairs and UAE Ambassador and Permanent Representative to the UN, stated, “We voted for this resolution, and we join the ...

  DUBAI / WAM The Tunisian Government has awarded AMEA Power a Concession Agreement and a Power Purchase Agreement for a 100MW solar project in Kairouan, worth $100 million (AED368 million) Najla Bouden Romdhane, Head of Government of Tunisia; Neila Nouira Genji, Minister of Industry, Mines and Energy; Hussain Al Nowais, Chairman of AMEA Power, and other dignitaries attended the ...

  ABU DHABI / WAM Abu Dhabi Public Health Centre (ADPHC) has announced that Dr Farida Al Hosani, Infectious Disease Expert and Executive Director of Infectious Diseases and Official UAE Spokesperson for the Health Sector, has joined the World Health Organisation’s (WHO) Pandemic Influenza Preparedness Framework (PIP Framework) Advisory Group as a Member for the period 2022-2024. Members of the ...

  DUBAI / WAM The Federation of UAE Chambers of Commerce & Industry has held a working meeting with officials of the Chamber of Commerce and Industry of the Kyrgyz Republic and major Kyrgyz companies. During the meeting, the parties discussed ways to develop and strengthen trade and investment markets between the UAE and Kyrgyzstan. Humaid Mohammed bin Salem, Secretary-General ...

Bloomberg The war in Ukraine is starting to change the tone of negotiations to redesign Europe’s fiscal rules, injecting new impetus into calls for more flexibility on borrowing and budgets as the continent’s economy braces for the consequences of Russia’s invasion. Concerns that the fighting will hinder the pandemic recovery have made it more likely the European Union will agree ...

  Bloomberg US hiring boomed in February while wage growth slowed, showing a strong labor market that likely keeps the Federal Reserve on track to raise interest rates this month while offering some respite from strong inflationary pressures. Nonfarm payrolls increased 678,000 last month— the most since July — after upward revisions in the prior two months, a Labor Department ...

  Bloomberg The European Union’s eastern nations are stepping up market interventions to protect their currencies from a selloff triggered by Russia’s invasion of Ukraine. The Czech central bank sold foreign currency on the market on Friday, joining the monetary authority in Poland, which intervened for the third time this week, according to people familiar with the transactions. Meanwhile, Hungary’s ...

Bloomberg Chilean copper production is expected to recover from the leanest January in more than a decade to register a similar annual haul as last year, according to the president of the country’s mining society. The world’s biggest supplier saw output slide 7.5% from January 2021, with lower ore quality and water scarcity among the reasons. In some cases, the ...