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DUBAI / WAM DP World on Wednesday announced the launch of its new digital logistics platform, CARGOES Logistics. The platform provides customers with a single-window solution enabling seamless, safe, secure, and efficient movement of their cargo. With CARGOES Logistics, customers can choose from multimodal logistics options, ship freight by sea, road, and/or rail, get instant quotes, swift booking confirmation and ...

Bloomberg Days before it hosts United Nations negotiations over how to ramp up the global fight against climate change, the UK released a sweeping plan to decarbonize its economy by targeting everything from the finance industry to home heating. The masterplan will give British politicians something to tout as they put pressure on other nations to raise their green ambitions ...

Bloomberg Poland threatened to stonewall talks on the European Union’s climate pact unless it receives access to the bloc’s recovery package, raising the stakes of a meeting of the bloc’s leaders on Thursday. Coal-dependent Poland seeks to gain some leverage over the EU by linking further talks on cutting greenhouse gas emissions to tapping billions of euros in pandemic recovery ...

Bloomberg A White House-backed clean power program that was rejected by Senator Joe Manchin could be resurrected as a grant program that would reward states that increase clean energy. Lawmakers have been working on a Clean Energy Challenge Grant Program for states as an alternative, Representative Jared Huffman, a California Democrat, said in a telephone interview following a meeting with ...

Bloomberg Argentina’s government is freezing prices on 1,432 household items in an effort to cool accelerating inflation ahead of November’s midterm election and the Christmas holidays. Prices will remain fixed until January 7 on the products, a larger list than the roughly 900 items government officials had originally pitched to companies and supermarkets last week. Talks between the government and ...

Bloomberg Governments need to fully commit to a European Union plan to increase the bloc’s share of global semiconductor production to 20% by 2030, Prime Minister Mario Draghi told lawmakers in Rome on Wednesday. “In order to make the ecological transition, in order to make the digital transition, there are no alternatives to state intervention,” Draghi said, noting that subsidies ...

Bloomberg The Bill & Melinda Gates Foundation said millions of courses of Merck & Co’s promising pill for Covid-19 could begin to reach lower-income nations early next year as the charity kicks in as much as $120 million to widen global access to the therapy. The funds will help spur generic-drug manufacturers, some of which have indicated they could produce ...

ABU DHABI / WAM The UAE, represented by the Ministry of Finance (MoF), has signed an agreement to promote and protect mutual investments with Iraq, as part of its endeavours to strengthen and activate means of economic and investment cooperation with various countries of the world. The agreement, which was signed this morning at the ministry’s headquarters in Abu Dhabi, ...

DUBAI / WAM The UAE has been named the world’s 11th strongest nation brand, according to the latest Brand Finance Nation Brands 2021 report. It now ranks above the United States and the United Kingdom, among others. Breaking the Western monopoly at the top of the brand strength ranking — along with Singapore in 4th position — the UAE has ...

ABU DHABI/ WAM Hub71, Abu Dhabi’s global tech ecosystem, and Amazon Web Services (AWS) have announced their collaboration at the GITEX Technology Week, to provide tech startups with support to build scalable and secure cloud-based services that accelerate their growth. The cooperation offers Hub71 startups access to AWS Activate, a programme that provides tools and resources to help startups innovate ...