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DUBAI / WAM The “100 Million Meals” campaign’s food parcels distribution has been completed in Tanzania, Kenya and Senegal, providing more than 750,000 meals to low-income individuals and families. In collaboration with the Mohammed bin Rashid Al Maktoum Humanitarian and Charity Establishment (MBRCH) and the local authorities and charities, parcels of easy-to-store food items, including rice, flour, oil, and sugar, ...

Abu Dhabi / WAM Zaki Nusseibeh, Cultural Advisor to the UAE President and Supreme President of UAE University (UAEU), has emphasised that the UAE cultural diplomacy is based on the principle that “cultural exchange makes us all stronger because we share the same human values.” During a virtual seminar organised by the UAE Embassy in Kuwait entitled “Culture and its ...

Abu Dhabi / WAM The Environment Agency – Abu Dhabi (EAD) has begun implementing an executive regulation regarding marine water quality in Abu Dhabi. The regulation was approved by the agency’s Board of Directors to combat the deterioration of ambient marine water and sediment quality by applying measures to environmental impact assessment studies and environmental licencing applications. It strengthens the ...

Bloomberg France desperately needs pension reform, just not right away. That’s the message for President Emmanuel Macron from a chorus of top business leaders, days before he’s set to announce whether he’ll attempt change before the 2022 election. “There’s already a great deal of worry and uncertainty. It would be a gamble to add more,” Stephane Richard, chief executive officer ...

Bloomberg German Economy Minister Peter Altmaier poured cold water on a French proposal to give the European Union a lasting tool to raise common debt. France intends to push for a permanent mechanism on joint EU debt issuance to drive investment in innovation that member countries can’t finance on their own, according to Finance Minister Bruno Le Maire. The comments ...

Bloomberg Brookfield Asset Management Inc. has kicked off the sale of PD Ports, a deal that could value one of the UK’s oldest port operators at more than $2.8 billion, according to people familiar with the matter. The Canadian investment firm is working with advisers and has reached out to potential bidders. Brookfield expects to close a sale of PD ...

Bloomberg Young people in the UK are emerging from the coronavirus crisis blighted by poor mental health and worried about their financial future, reports published on Monday warned. The separate analyses, by the Institute for Fiscal Studies and the Resolution Foundation, underscore the huge challenges facing millions in their late teens and early 20s as the country returns to normality ...

Bloomberg Mortgage rates in the US fall, dipping back below 3%. The average for a 30-year loan was 2.98%, down from 3.02% last week, Freddie Mac said in a statement. Borrowing costs, which hit a record low of 2.65% in January, have seesawed within a few basis points of 3% since mid-April. Investors are anticipating Friday’s release of the June ...

Bloomberg European companies are pushing up prices as supply disruptions lift costs and hamper their ability to match surging demand, according to executives gathered for a conference this weekend in southern France. The bosses of industrial firms, including tire company Michelin and construction materials producer Saint-Gobain, say they’re facing scarce supplies, transport bottlenecks and staff shortages in the wake of ...

ABU DHABI / WAM The World Health Organisation’s EMRO Regional Subcommittee on Polio Eradication and Outbreaks commended the unwavering support of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, in working to eradicate polio and the funding he provides for this work. The committee also praised ...