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Bloomberg Prime Minister Boris Johnson sought to play down a supply chain crisis that’s seen fuel shortages across the country and farm animals threatened with destruction, calling it a “turning point” for the UK economy as it emerges from the pandemic and after leaving the European Union. In interviews, Johnson pushed his relentlessly positive message that the country will benefit ...

Bloomberg Facebook Inc Chief Executive Officer (CEO) Mark Zuckerberg addressed a series of negative stories about the company for the first time by saying accusations that it puts profit over user safety are “just not true.” “It’s difficult to see coverage that misrepresents our work and our motives. At the most basic level, I think most of us just don’t ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) and OCI backed fertiliser partnership, Fertiglobe, on Tuesday announced its intention to float a 13.8 percent stake on the Abu Dhabi Securities Exchange (ADX) through an initial public offering (IPO). This offering is open to UAE citizens and residents, as well as domestic and international institutional investors. The offer ...

ABU DHABI / WAM HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Tuesday called His Majesty Sultan Haitham bin Tariq Al Said of Oman to check on the situation in the Sultanate in light of the tropical cyclone Shaheen that the country has been going through ...

DUBAI / WAM Emirates NBD has signed a $750 million 5-year Dual Tranche Financing Facility with Emirates. The landmark transaction remains competitively priced and marks a first for Emirates Airline as a sales-receivable backed financing structure, aimed to diversify their liquidity pool. Emirates NBD, one of the leading banking groups in the Menat (Middle East, North Africa and Turkey) region, ...

KUWAIT / WAM A delegation from the Federation of UAE Chambers of Commerce and Industry has discussed, during a visit to Kuwait, means of boosting cooperation and promoting investment opportunities in the two countries. This came during a business meeting between Abdullah Mohamed Al Mazrouei, Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of Abu ...

ABU DHABI / WAM Ahmed Ali Al Sayegh, Minister of State, has received Dan Tehan, Australian Minister for Trade, Tourism and Investment, accompanied by a delegation including Heidi Venamore, Australian Ambassador to the UAE, and Ian Halliday, Consul-General. During the meeting, which was held at the Ministry of Foreign Affairs and International Cooperation in Abu Dhabi, Al Sayegh welcomed the ...

Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has published its 6th Sustainability Report 2020, an annual publication reflecting its efforts in improving sustainability to become one of the most sustainable government organisations specialising in roads and transport worldwide. Releasing this report conforms to the UAE Vision 2021 and Dubai Plan 2021 and the sustainable development goals of the ...

Kuwait / WAM A delegation from the Federation of UAE Chambers of Commerce and Industry discussed, during a visit to Kuwait, means of boosting cooperation and promoting investment opportunities in the two countries. This came during a business meeting between Abdullah Mohamed Al Mazrouei, Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of Abu Dhabi ...

Dubai / WAM As part of its sustainability roadmap, Enoc Group, the Official Integrated Energy Partner of Expo 2020 Dubai, extended its partnership with Etihad Esco, a wholly-owned subsidiary of the Dubai Electricity and Water Authority (Dewa), to enhance energy saving across its operations in the UAE. Announced at Wetex, the partnership extension will enable Enoc to equip 10 of ...