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ABU DHABI / WAM Abu Dhabi Early Childhood Authority (ECA) and the United Nations Children’s Fund (Unicef) are partnering on a series of initiatives to advance their shared mission to drive innovation and excellence in early childhood development and to create opportunities for every child in Abu Dhabi and around the world to be raised in a healthy, safe and ...

Dubai / WAM The Ministry of Energy and Infrastructure launched the ‘Sail Safely’ initiative, as part of its ongoing efforts to protect the marine environment, enhance maritime safety and security, as well as protect people’s lives. The initiative includes an intensive training programme for captains of leisure and fishing boats to ensure that they adhere to the highest standards of ...

Abu Dhabi / WAM Hassan Mohammed Al Mansouri, Under-Secretary of Infrastructure and Transport Affairs at the Ministry of Energy and Infrastructure, announced that the ministry has constructed 29 federal roads over the past 20 years that serve many areas of the country, underscoring its keenness to develop and improve the nation’s road network. The total distance of all federal roads ...

Dubai / WAM Emirates Central Cooling Systems Corporation (Empower) has announced the signing of an agreement to provide district cooling services to Meydan master community with a total capacity of 382,000 refrigeration tonnes (RT) to meet the needs of the 750 existing and upcoming buildings in the City and acquire the existing district cooling plant for a value of AED100 ...

Bloomberg The engine of the German economy is turning into a brake in the face of a global supply crunch, threatening to derail the nation’s recovery. While its strong focus on manufacturing helped Europe’s largest economy fare better than its more service-heavy peers in the region during Covid-19 lockdowns, Germany’s rebound is now at risk as companies report shortages of ...

Bloomberg British companies are expecting to raise prices and boost wages amid the strongest business confidence in more than four years, according to a survey published on Tuesday. More than a third of firms anticipate increasing wages by at least 2%, reflecting labour shortages, and almost half plan price hikes, the latest Lloyds Business Barometer shows. Overall confidence rebounded to ...

Bloomberg Denmark will raise its 2021 economic growth forecast to 3.8% from 2.4% seen in May as the Nordic nation recovers faster than expected from the pandemic, according to documents seen by Bloomberg. The government will lower its 2022 gross domestic product growth estimate to 2.8% from 3.6% to reflect improved outlook in the 2021 base year, according to the ...

Bloomberg US consumer sentiment remained weak in late August amid ongoing concerns over inflation and the coronavirus pandemic. The University of Michigan’s final sentiment index falls to a near-decade low of 70.3 during the month from 81.2 in July, data showed. The figure was in line with the preliminary reading and just below the median estimate of 70.8 in a ...

Bloomberg Polish inflation surged to its highest level in two decades, piling pressure on policy makers to ditch their dovish stance and increase interest rates in the coming months. Consumer prices rise 5.4% from a year earlier in August, after a 5% increase in July, according to data. That exceeded the 5.1% median estimate in a Bloomberg survey. The Monetary ...

Bloomberg Euro-area inflation jumped to the highest in a decade in August, testing policy makers’ insistence that a post-crisis spike in cost pressures should prove temporary. Consumer prices rise 3%, exceeding the predictions of all 37 economists in a Bloomberg survey. A measure of core inflation that strips out volatile items such as energy and food reached 1.6%, the highest ...