News

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 267,968 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Saturday, 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 ...

Sharjah / WAM Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations (DGR) in Sharjah, met with Lars Pira Perez, Ambassador of the Republic of Guatemala to the UAE, to bring new momentum in bilateral engagement, particularly in the areas of renewable energy, culture, and tourism. The two parties explored avenues to enhance cooperation and build bridges between ...

ABU DHABI / WAM Abu Dhabi Police has warned against fraudulent calls claiming to be from the UAE Central Bank and a text message in the name of Abu Dhabi Police as proof of the correctness of the information that requests banking details of clients. Abu Dhabi Police also warned of links to fraudulent electronic sites, including small text messages ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa) is participating at Expo 2020 Dubai with a large pavilion, characterised by a contemporary design that aligns with Dewa’s role as the Official Sustainable Energy Partner of Expo 2020 Dubai. “Dewa’s pavilion at Expo 2020 Dubai provides a unique experience for visitors. It highlights Dewa ‘s innovative projects and initiatives, especially ...

Bloomberg The White House reiterated President Joe Biden’s opposition to indexing the gasoline tax to inflation to help pay for an infrastructure plan, raising new questions about the viability of a bipartisan compromise emerging in the Senate. “After the extraordinarily hard times that ordinary Americans endured in 2020 — job losses, shrinking incomes, squeezed budgets — he is simply not ...

Bloomberg Germany is lobbying the European Commission to set stricter climate protection targets for the region’s car and aviation industries, according to Frankfurter Allgemeine Sonntagszeitung. In a position paper sent to the European Union (EU) executive, the government urged “ambitious fleet limits” for emissions from new cars in Europe by 2030, the newspaper reported. CO2 limits for automakers are a “decisive ...

Bloomberg Canadians are piling on debt to purchase property at the fastest pace in more than a decade amid a pandemic-driven housing boom. Household mortgage debt grew by 1% in April to C$1.69 trillion ($1.4 trillion), Statistics Canada reported. That’s the fastest pace since 2010. In absolute terms, residential mortgage credit was up C$17 billion during the month, the largest ...

Bloomberg As many as 7% of French firms could be in financial trouble when the government rolls back the blanket support it has provided during the pandemic, according to research by Bank of France economists. The estimate is based on an analysis of over 200,000 balance sheets received as part of the central bank’s annual ratings exercise. It identified firms ...

Bloomberg California is bracing for another afternoon of blistering weather and potential blackouts as officials urge people to conserve power and forecasters warn of a brutal summer ahead. Grid officials said they don’t expect rolling outages, either. Still, they’re urging consumers to curb power use, especially in the early evening when solar production fades and temperatures are expected to be ...

Bloomberg PricewaterhouseCoopers LLP (PwC) is investing $12 billion across its global business in an overhaul targeting better audits, digitisation of services and greener operations. The professional-services provider will hire 100,000 employees and develop the skills of existing staff over the next five years as it seeks to respond to the post-pandemic operating environment, it said in an emailed statement. “We will ...