Bloomberg Ten of this year’s most destructive weather events cost a combined $170 billion in damages, according to a new study. Hurricane Ida, a tropical storm that pummeled much of the eastern US with lashing rain in August, killed at least 95 people and cost the economy $65 billion. A month earlier, floods in Europe caused 240 deaths and ...
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Abu Dhabi / WAM Abu Dhabi Global Market (ADGM) has announced that it will commence a Monday to Friday working week from January 1, 2022, with Saturday and Sunday as the universal weekend. With the new working week, the UAE brings its business community and financial sector closer to global markets and real-time economic and trading activities. In support ...
Read More »Dubai / WAM Enoc Group has been awarded the Corporate Social Responsibility Award for its innovatively designed Service Station of the Future, and the Customer Focus Award for its eLink Station at the 2021 Idea of the Year Awards. The Ideas UK Award is an international award recognising innovative ideas and rating innovative organisations based on global standards with an ...
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Dubai / WAM Etihad Credit Insurance (ECI) signed an MoU with Emirates NBD and Crediti Fintech, for the implementation of the ‘UAE Trade Finance Gateway’. The receivables financing marketplace is designed to help businesses based in the UAE obtain fast and easy access to finance and boost their business, while supporting the UAE’s ‘Operation 300bn’ industrial strategy which aims ...
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DUBAI / WAM Visits to Expo 2020 Dubai continue to climb substantially, increasing to 8,067,012 in the period up to December 27 as the most significant global gathering of 2021 continues to welcome visitors safely and responsibly. Expo’s stringent Covid-19 safety measures are designed to protect everyone on site, and include mandatory mask-wearing – indoors and outdoors – for ...
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Abu Dhabi / WAM In accordance with its regulatory role and responsibility to achieve the highest levels of food safety in Abu Dhabi, The Abu Dhabi Agriculture and Food Safety Authority (Adafsa) carried out 149,401 inspection visits to food, agricultural, animal and veterinary facilities during third quarter of 2021. Inspections were conducted in Abu Dhabi at 17,456 food, agricultural, ...
Read More »DUBAI / WAM Enoc Group has been awarded the Corporate Social Responsibility Award for its innovatively designed Service Station of the Future, and the Customer Focus Award for its eLink Station at the 2021 Idea of the Year Awards. The Ideas UK Award is an international award recognising innovative ideas and rating innovative organisations based on global standards with ...
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DUBAI / Emirates Business Malaysia Healthcare will be showcasing its excellence in healthcare service delivery during Week 14 of Expo 2020 Dubai. From January 2-8, 2022, expo participants can visit the Malaysia pavilion to discover Malaysia’s strengths as the fertility and cardiology hubs of Asia, cancer care centre of excellence, and hepatitis C treatment hub of Asia, showcased by ...
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Bloomberg The world economy is set to surpass $100 trillion for the first time in 2022, two years earlier than previously forecast, according to the Centre for Economics and Business Research (CEBR). Global gross domestic product will be lifted by the continued recovery from the pandemic, although if inflation persists it may be hard for policy makers to avoid ...
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Bloomberg Saudi Arabia’s exports soared in October as the world’s biggest oil exporter benefited from higher crude prices. The value of exports jumped to 106.2 billion riyals ($28 billion) from 55.9 billion riyals a year ago, according to the kingdom’s General Authority for Statistics. The share of oil in total exports rose to 77.6% in October from 66.1%. Saudi ...
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