News

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 323,406 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Tuesday, 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 ...

Sharjah / Emirates Business As the UAE turns 50 this weekend, the Sharjah Investment and Development Authority (Shurooq) brings back its popular Classic Car Festival for a second edition, along with a fun-filled itinerary of National Day celebrations that citizens and residents will enjoy with their entire family at several Shurooq destinations in Sharjah. The second edition of the Classic ...

ABU DHABI / Emirates Business To commemorate the Year of the 50th National Day and to celebrate Emirati culture and our nation’s achievements, AD Ports Group is showcasing Arabian sailing boats at the Abu Dhabi Corniche in collaboration with the Cultural Programs and Heritage Festival Committee – Abu Dhabi. An exciting lineup of seven sailing boats representing UAE’s seven Emirates, ...

Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, and Hewlett Packard Enterprise (HPE) signed a Memorandum of Understanding (MoU) at Global Manufacturing and Industrialisation Summit (GMIS) to collaborate in a series of mutually beneficial programmes dedicated to nurturing tech start-ups. Founders will benefit from direct access to HPE’s experts, mentorship and opportunities to further develop technologies in collaboration ...

Abu Dhabi / WAM Abu Dhabi Convention and Exhibition Bureau (ADCEB), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), is set to fly the flag for the emirate’s MICE industry at IBTM World 2021 in Barcelona, Spain, which runs until December 2. The conference is expected to attract 15,000 professionals from more than 100 ...

Abu Dhabi / WAM Lt General Hamad Mohammed Thani Al Rumaithi, Chief of Staff of the UAE Armed Forces, stressed that Commemoration Day is meant to honour noble human principles, noting that the UAE’s martyrs sacrificed their lives for righteousness and helped needy people. In a statement to the “Nation Shield” magazine on Commemoration Day, he said, “The occasion is ...

Abu Dhabi / WAM The Abu Dhabi National Exhibition Centre (Adnec) will host the first edition of the ‘Auto Moto’ exhibition in October 2022, attracting major international companies specialising in manufacture of car and bicycle equipment. The event will also showcase the latest technologies in the sector. The hosting events comes as part of a strategic agreement between the event’s ...

Bloomberg UK consumers took on unsecured loans at the fastest pace since the aftermath of the first lockdown, adding to signs that people are becoming more willing to spend. Consumer credit rises 706 million pounds ($942 billion) in October, more than economists forecast the highest figure since July last year, Bank of England figures show. Borrowing on credit cards accounted ...

Bloomberg French inflation accelerated in November to the quickest pace in more than a decade as surging energy and manufactured goods prices offset a fall in fresh food costs. After Germany recorded a 6% surge in prices in the same period, the inflation data for the euro area’s second largest economy adds to concerns over the ECB’s insistence that the ...

Bloomberg The Italian economy is likely to recover from the pandemic faster than previously forecast, growing by as much as 6.4% this year, according to a study by Confindustria, the country’s federation of employers. A strong third quarter should allow 2021 gross domestic product to increase by 6.3%-6.4%, the study showed, well above the official government forecast of 6%. That ...