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Dubai Airports increases its operational capacity to 100%

  Dubai / WAM Following the opening of the final phase of Concourse A at Dubai International’s (DXB) Terminal 3, the world’s busiest international airport is 100% operational with all terminals, concourses, lounges, restaurants, and retail outlets now open. Terminal 3 is expected to serve more than 1.6 million passengers in the second half of December during the month’s peak ...

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Expo 2020 Dubai visit numbers cross seven million mark

  Dubai / WAM Expo 2020 Dubai visit numbers have increased significantly to a total of 7,167,591 visits in the period up to December 20, as organisers continue to maintain robust Covid-19 measures, ensuring a safe and exceptional event for all attending. Expo 2020’s virtual visitation rose to 31.6 million over the same period, mainly driven by the uptake of ...

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UAE announces 149 new recoveries from Covid-19

  Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 272,115 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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Second edition of Al Burda Festival opens

  Dubai / WAM Under the patronage of HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, the second edition of Al Burda Festival opened at the Dubai Exhibition Centre, Expo 2020 Dubai. Organised by the Ministry of Culture and Youth, this year’s edition of Al Burda Festival takes place under the theme “Transcending Spaces, ...

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Adnoc Distribution opens new service station in Saudi

  Abu Dhabi / WAM Adnoc Distribution, the UAE’s largest fuel and convenience retailer, announced on Monday the opening of its latest Adnoc service station in KSA – the first to fully showcase the company’s modern fuel and retail convenience offering with an integrated Adnoc Oasis store, car wash and lube change. During the first half of 2021, Adnoc Distribution ...

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Adnoc Distribution opens new station in Saudi Arabia

  Abu Dhabi / Gulf Time Adnoc Distribution, the UAE’s largest fuel and convenience retailer, announced today the opening of its latest Adnoc service station in KSA – the first to fully showcase the company’s modern fuel and retail convenience offering with an integrated Adnoc Oasis store, car wash and lube change. During the first half of 2021, Adnoc Distribution ...

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Firms brace for extra Brexit red tape amid supply lines squeeze

  Bloomberg Just as firms wrestle with a global supply chain crisis and fresh pandemic restrictions, companies in the UK and European Union face another looming headache: More post-Brexit red tape. From January 1, companies importing goods into Britain from the EU will be required to make full customs declarations. Food products will also have be pre-registered on an IT ...

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Unemployment rate falls in nearly all US states in November

  Bloomberg The unemployment rate fell in nearly every US state last month, including in eight states where it dropped to a record low. Nebraska, with a jobless rate of 1.8%, had the lowest in the country, followed closely by Utah at 2.1%, according to Labour Department data. Arkansas, Georgia, Montana, Oklahoma, West Virginia and Wisconsin also posted record lows. ...

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French firms ‘crushed’ by power costs: Trade group

  Bloomberg The low availability of nuclear plants in France is causing power prices to soar, crushing the competitiveness of the nation’s companies, according to the Uniden trade group that represents energy-intensive industries. Electricite de France SA this week announced new or extended outages at four of the nation’s 56 nuclear reactors during winter, when demand peaks. Available nuclear capacity ...

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German borrowing to stay close to record to fund pandemic aid

  Bloomberg Germany’s federal government plans to sell the second-highest amount of debt on record next year, as aggressive spending to offset the impact of coronavirus pandemic continues. Debt issuance will shrink to about 410 billion euros ($464 billion) in 2022, compared with a record of around 480 billion euros this year, according to the German finance agency’s issuance plan. ...

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