News

Bloomberg Colombia’s economy grew much faster than expected at the start of the year, with record low interest rates supporting a revival in domestic demand. Gross domestic product (GDP) expanded 2.9% in the first three months of the year from the previous quarter, more than three times the 0.9% median forecast from analysts surveyed by Bloomberg. GDP rises 1.1% from ...

Bloomberg Facebook Inc lost a court fight over an initial order from a European Union (EU) privacy watchdog threatening its transfers of users’ data across the Atlantic. An Irish court rejected the social network’s challenge, saying it didn’t establish “any basis” for calling into question the Irish Data Protection Commission’s decision. The dispute is part of the fallout from July’s ...

Bloomberg Crude oil climbed along with gasoline in New York after a cyberattack put the largest oil-products pipeline in the US out of action. West Texas Intermediate and Brent both rose as gasoline surged as much as 4.2% to the highest since May 2018, before paring gains. Colonial Pipeline Co, a supplier of gasoline, diesel and jet fuel to the ...

SINGAPORE / WAM Jamal Abdullah Al Suwaidi, UAE Ambassador to the Republic of Singapore, has met with Grace Fu, Singaporean Minister of Sustainability and the Environment, to discuss means to further develop bilateral ties. The parties also reviewed ways to further promote cooperation between the UAE and Singapore, especially in the fields of environment and sustainable development. Al Suwaidi discussed ...

SHARJAH / WAM Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations (DGR) in Sharjah, and Simon Penney, UK Trade Commissioner for the Middle East and Consul-General in Dubai and the Northern Emirates, have discussed ways to expand trade, investment, and cultural cooperation between Sharjah and Edinburgh, capital of Scotland in the UK. Al Qasimi emphasised that Edinburgh, ...

Abu Dhabi / WAM The moon-sighting committee has invited all Muslims in the UAE to sight the crescent of the month of Shawwal on Tuesday evening, 29th Ramadan, 1442 H, which corresponds to May 11. The committee requested anyone who sees the crescent to contact the number 026921166 to be directed to the nearest court to record the testimony.

ABU DHABI / Emirates Business The National Takaful Company (Watania) on Monday announced financial results for the quarter ended March 31, reporting a net profit of AED 3.9 million which is an increase of 74% compared to the same quarter last year. “Despite the challenges faced by the insurance industry, the National Takaful Company (Watania) delivered a strong financial performance ...

Abu Dhabi / Emirates Business The National Takaful Company (Watania) on Monday announced financial results for the quarter ended March 31, reporting a net profit of AED 3.9 million which is an increase of 74% compared to the same quarter last year. “Despite the challenges faced by the insurance industry, the National Takaful Company (Watania) delivered a strong financial performance ...

Abu Dhabi / WAM As the world prepares to celebrate International Nurses Day on May 12, Mubadala Health continues to drive specialised training to raise the bar in nursing standards and attract local talent, to further support the development of a sustainable healthcare landscape for the UAE. This year, International Nurses Day founder, the International Council of Nurses, is focusing ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 142,603 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, the ministry announced that 1,507 new coronavirus cases, bringing the total number of recorded cases in the UAE to 537,524. The ministry also noted ...