News

ABU DHABI / WAM The global maritime community convened at the Adipec 2021 Offshore and Marine Conference on Wednesday to explore the critical enablers of decarbonising the industry and ensuring it is on track with the International Maritime Organization (IMO) targets and the UN Sustainable Development Goals. Held under the patronage of President His Highness Sheikh Khalifa bin Zayed Al ...

Abu Dhabi / WAM The UAE will celebrate Oman’s 51st National Day on November 18, underscoring the close relations between the two countries, which have witnessed significant development under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and HM Sultan Haitham bin Tariq, reaching the level of a strategic partnership in political, economic, social and cultural ...

Dubai / WAM The Cybertech Global Conference 2022, returns to Dubai for the second time in full scale on the June 13-14, 2022, gathering thousands of C level decision makers and brings new market opportunities for multinational corporations, startups, private and corporate investors, venture capital firms, government entities and academia. The conference aims to foster expert collaborations, create new business ...

Bloomberg UK inflation climbed faster than expected to the highest in a decade, heaping pressure on the Bank of England (BOE) to raise interest rates and tightening a squeeze on living standards for households. Consumer prices rise 4.2% from a year ago in October, driven by energy prices and the impact of broad-based supply shortages across the economy. That was the ...

Bloomberg Traffic at Canada’s largest port has been cut off by what local officials are calling the storm of the century, the latest snag to hit the North American supply chain. Days of torrential rain have pelted British Columbia, triggering floods and landslides that have blocked the tracks of the nation’s two major railways and washed away parts of its ...

Bloomberg Euro area inflation will be faster than previously thought this year and next before slipping well below the European Central Bank’s goal in 2023, according to economists polled by Bloomberg. Consumer-price growth will peak at 4.2% late in the fourth quarter, above the previous prediction of 3.6%, according to the median forecast from the survey. A year later, the ...

Bloomberg The European Union (EU) will unveil new rules for companies selling six major commodities in a bid to cut global deforestation. The European Commission, the 27-nation bloc’s executive arm, wants the draft regulation to cover soy, beef, palm oil, wood, cocoa and coffee, as well as some derived products such as chocolate, leather and furniture. The plan will require ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued the Federal Decree — Law No.33 of 2021 on the regulation of labour relations in the private sector that will take effect from February 2, 2022. The new decree-law seeks to enhance the elasticity, resilience and sustainability of the labour market nationwide, as well as ...

ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, has stated that the UAE, represented by its wise leadership and people, is keen to convey its message of peace and tolerance to the entire world. Sheikh Nahyan commended to the UAE’s successful experience, which extends for nearly 50 years. He noted that the homeland ...

DUBAI / WAM On the third day of the Dubai Airshow 2021, the Ministry of Defence announced the conclusion of 6 deals worth AED 4,257,401,000.00 with local and international companies. This brings the total deals concluded during the first three days to 16 deals, with a total value of AED 20, 781,446,000.00. The deals of the first day amounted to ...