News

Dubai / WAM The Mexican Pavilion at Expo 2020 Dubai embodies the authenticity of Mexican culture and heritage and reflects the important role of women in Mexican society. In a statement to the Emirates News Agency (WAM), Martha Jaramillo, Commissioner-General of the Mexican Pavilion at Expo, said, “The facade of the Mexican Pavilion was woven by 200 Mexican artisans from ...

HARARE / WAM Dr Jassim Mohammed Al Qasimi, UAE Ambassador to Zimbabwe, has met with Zimbabwean Vice President Constantino Chiwenga, in Harare. During the meeting, Al Qasimi conveyed the greetings of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, ...

Sharjah / WAM Sharjah Airport has received a Gold Accreditation Certificate as a friendly entity for people with mobility disabilities from the World Disability Union (WDU), thus becoming the fourth airport in the world to obtain this certificate. Ali Salim Al Midfa, Chairman of Sharjah Airport Authority (SAA), said, “Sharjah Airport is constantly working to be one of the best ...

Dubai / WAM Under the patronage of Dr. Abdul Rahman bin Mohammad bin Nasser Al Owais, Minister of Health and Prevention, Awadh Seghayer Al Ketbi, Director-General of Dubai Health Authority, officially inaugurated the 9th edition of the Dubai Otology, Neurotology and Skull Base Surgery Conference and Exhibition (Dubai Otology) on Sunday at Dubai World Trade Centre. The three-day conference, which ...

Bloomberg Canada has recovered all of the roughly three million jobs lost to Covid-19. The country’s economy added 157,100 jobs in September, returning the labour market to pre-pandemic levels, Statistics Canada said in Ottawa. That compares with economists’ expectation of 60,000 new jobs, according to the median estimate in a Bloomberg survey. The unemployment rate fell to 6.9% from 7.1% ...

Bloomberg Brazil’s consumer prices rise less than expected in September, supporting the central bank’s view that inflation peaked just above 10% and will start to slow as rising borrowing costs cool down the economy. Inflation accelerated to 10.25% from a year ago, its fastest pace since February 2016, and to 1.16% from the month prior, the national statistics institute reported. ...

Bloomberg European manufacturers are increasingly strained by global supply-chain problems that are pushing up prices and may last well into next year. A gauge by IHS Markit measuring business activity in manufacturing falls last month by the biggest margin since April 2020 — the beginning of the Covid-19 pandemic. Growth in new orders, output and employment slowed considerably. “Supply issues ...

Bloomberg Elon Musk plans for Tesla Inc.’s electric-car plant near Berlin to start producing vehicles as early as next month even as the US company still awaits final approval for the project that’s been delayed by legal challenges. The factory is to begin making Model Y cars in November or December, Musk said during a visit to the site in ...

Bloomberg Sweden’s economy shrinks far more than anticipated in August, driven by a slump in exports, raising concerns the recovery of the largest Nordic economy may be cut short. Gross domestic product contracted 3.8% in August, the biggest fall since the monthly indicator was launched in February, according to a flash estimate from Statistics Sweden. Economists surveyed by Bloomberg predicted ...

Bloomberg The UK is more vulnerable to financial shocks than most other nations, a Bank of England (BOE) study concluded, indicating that openness to trade and banking poses some risks. Britain has more foreign assets and liabilities than any other major economy and relies on trade for 60% of its gross domestic product (GDP), more than the average across other ...