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Oil caps longest losing streak since 2019 on Fed taper signal

Bloomberg Oil capped the week with the longest losing streak since 2019 as the dollar strengthened after the Federal Reserve signaled it will start tapering stimulus and the virus resurgence raises doubts about demand growth. West Texas Intermediate futures ended the session 2.2% lower, tumbling for a seventh day and extending the week’s decline to 8.9%. Other raw materials including ...

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HCHF concerned over crisis in Afghanistan

ABU DHABI / WAM The Higher Committee of Human Fraternity (HCHF) is following the situation in Afghanistan with great concern and hoping that the key actors there will advance the aspirations of the Afghan people to live dignified and peaceful lives. The HCHF called for protecting human rights, guaranteeing public and individual freedoms, and, in particular, safeguarding the rights of ...

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UAE, Estonia growing industrial, trade ties

DUBAI / WAM The Federation of UAE Chambers of Commerce & Industry (FCCI) has reviewed the prospects of consolidating ties with the Republic of Estonia on the basis of promoting common interests. This came as Abdullah Mohammed Al Mazrouei, Chairman of both the Federation of UAE Chambers of Commerce & Industry and Abu Dhabi Chamber of Commerce and Industry, received ...

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EU to provide additional funding of €41 million to fight pandemic

BRUSSELS / WAM The EU will provide €41 million to help low and middle-income countries facing an unprecedented health, humanitarian and socio-economic crisis as the Covid-19 pandemic continues to persist, combined with the imbalance in the delivery of vaccines. To help countries in Latin America and the Caribbean, the Middle East and Asia tackle the consequences of the pandemic, the ...

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Sharjah, Bahrain discuss ways to boost cooperation

Sharjah / WAM The Sharjah Documentation and Archive Authority (SDAA) received Dr Safaa Al-Alawi, Director of the National Archives at the Isa Cultural Centre (ICC) in the State of Bahrain, during an official visit to discuss ways of cooperation between the centre and the authority in regulating the management of government documents. The meeting began with a welcome speech, during ...

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Dubai Customs receives 43,000 innovative ideas

Dubai / WAM Dubai Customs’ efforts towards stimulating innovation culminated in a new summit of generating quality ideas conducive to innovations that improve and take customs work to the next level. The total number of innovative ideas generated and submitted by employees since the launch of the e-suggest system in 2000 reached more than 43,000 until end of first half ...

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UAE sees 1,633 new recoveries from Covid-19

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 301,430 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, 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 treatment. As ...

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Dewa’s Green Charger stations to charge EVs

Dubai / WAM The Dubai Electricity and Water Authority (Dewa) has added new benefits to the EV Green Charger services, in a step to promote sustainable transport in Dubai and increase the number of beneficiaries. All commercial and non-commercial EV users can now easily use the EV Smart Charging service and benefit from more than 300 Green Charger stations across ...

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New bus routes across UAE to serve Expo 2020 visitors

Dubai / WAM Dubai’s Roads and Transport Authority (RTA) unveiled a transportation plan to serve visitors of Expo 2020 from around the United Arab Emirates. The plan specifies 9 locations across UAE in Abu Dhabi, Sharjah, Fujairah, Ajman and Ras Al Khaimah. A total of 70 dedicated buses will be deployed to run 193 daily trips during weekdays, and 213 ...

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SDAA, Bahraini National Archives discuss ways to boost cooperation

Sharjah / WAM The Sharjah Documentation and Archive Authority (SDAA) received Dr Safaa Al-Alawi, Director of the National Archives at the Isa Cultural Centre (ICC) in the State of Bahrain, during an official visit to discuss ways of cooperation between the centre and the authority in regulating the management of government documents. The meeting began with a welcome speech, during ...

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