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Dubai / WAM The Abdulla Al Ghurair Foundation for Education (AGFE) announced the launch of “Abdulla Al Ghurair Hub for Digital Teaching and Learning” in partnership with the American University of Beirut (AUB) at the Maroun Semaan Faculty of Engineering and Architecture (MSFEA) to improve access to quality online education for thousands of Arab youth across the region. This came ...

DUBAI / WAM Emirates, one of the first global airlines to pilot the IATA Travel Pass in April, is offering the IATA Travel Pass solution to customers flying to 10 cities and plans to extend it to all routes across its network in the coming weeks. Emirates has also partnered with Alhosn, the official UAE app for Covid-19 related contact ...

Bloomberg From abattoirs to restaurant kitchens, the UK food sector is facing a massive challenge this summer: there just aren’t enough workers. The food industry, already facing labour shortages because of Brexit and the pandemic, is now being stretched to capacity as the country reopens. Meat processors are cutting production and a “catastrophic” dearth of drivers is disrupting food deliveries ...

Bloomberg US homeowners spooked by the burgeoning pandemic last spring rushed to tap equity in their properties for a hit of ready cash — and equally wary banks tightened credit or halted lending in response. In the past year, monstrous demand for homes amid a scarcity of listings pushed up prices to the point of giving owners more collective equity ...

Bloomberg Portugal and Spain imposed new restrictions on UK visitors amid concern about the coronavirus delta variant as Germany pushed for a more coordinated European Union response to try to limit the strain taking hold in the bloc. The changes are a setback for Europe’s holiday destinations just as the summer tourism season should be kicking up a gear. The ...

Bloomberg Intel Corp Chief Executive Officer Pat Gelsinger predicted the shortage of semiconductors that’s hurting industries from automotive to consumer electronics will bottom out in the second half of this year before starting to improve. “I don’t expect chip industry is back to a healthy supply-demand situation until ’23,” he said in an interview. “For a variety of industries, I ...

Bloomberg Amazon.com Inc. and Google are facing formal probes into possible violations of UK consumer protection rules over a failure to shield their users from an onslaught of fake reviews. The Competition and Markets Authority (CMA) said it has opened investigations to gather more information and decide whether the tech giants may have broken the law by not doing enough ...

Bloomberg Saudi Aramco outlined plans to invest in blue hydrogen as the world shifts away from dirtier forms of energy, but said it will take at least until the end of this decade before a global market for the fuel is developed. “We’re going to have a large share” of the market for blue hydrogen, Aramco’s chief technology officer, Ahmad ...

Abu Dhabi / WAM Al Yah Satellite Communications Company on Sunday announced the opening of the subscription period for the Initial Public Offering (IPO) of part of its existing shares on June 27, which will continue until Tuesday, July 6, for individuals and other investors in the UAE (as part of the UAE retail offering). The offering will continue until ...

Dubai / WAM The Government Development and the Future Office of the UAE government has launched ‘Future Partnerships’, a unique initiative, and the first-of-its-kind in the region, that engages leading private-sector firms to actively participate in preparing for, and shaping, the future of the UAE. The initiative is a platform where the government and private firms in the UAE can ...