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RTA achieves global distinction in managing metro noise level

Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has been accredited by a specialised benchmarking study accredited for the superior performance in ensuring that the daily operation of the Dubai Metro complies with the standard noise and vibration levels. Such findings were made in a study that covered multiple metro systems of metropolitan cities in the second half of ...

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UAE, Serbia to boost ties in infra, transportation fields

BELGRADE / WAM Mubarak Saeed Burshaid Al Dhaheri, UAE Ambassador to Serbia, and Ana Brnabic, Prime Minister of Serbia, discussed the distinguished relations between the two friendly countries and ways of bolstering them. The two sides also affirmed the keenness and support of the leadership in their respective countries to develop aspects of joint cooperation in all fields, including in ...

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We are keen to provide world-class healthcare services

DUBAI / WAM The UAE prioritises the health sector, offers its citizens and residents comprehensive world-class healthcare services, and constantly aims to improve these services. Shakhbout Medical City (SSMC) is a leading health sector development project not only in the country but also in the entire region, providing advanced health and medical services in line with the highest international standards. ...

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Senate passes $1.9tn relief bill after marathon votes

Bloomberg President Joe Biden’s signature $1.9 trillion Covid-19 relief bill passed the Senate 50-49 following a more than 25-hour marathon of amendment votes completed after Democrats settled an intra-party dispute over unemployment aid. The measure, the American Rescue Plan Act, now heads back to the House, where Majority Leader Steny Hoyer said a vote will be held on Tuesday. Although ...

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German joblessness up as lockdown persists

Bloomberg German joblessness unexpectedly rises for the first time in eight months, adding to strains Europe’s largest economy is facing due to the protracted coronavirus lockdowns. The rise of 9,000 put the total number of unemployed people at 2.75 million and the rate at 6%, according to the Federal Labour Agency. Economists surveyed by Bloomberg had expected a drop of ...

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Aston Martin to make electric vehicles in UK

Bloomberg Aston Martin Lagonda Global Holdings Plc will build its new electric cars in the UK from 2025, the company’s biggest shareholder told the Financial Times in an interview. Chairman Lawrence Stroll said its battery sports car and sport utility vehicle would be produced at plants in England and Wales respectively, according to the newspaper. The Canadian billionaire led a ...

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Italy to recruit consulting firm McKinsey for EU recovery funds

Bloomberg A decision by the government of Italian Prime Minister Mario Draghi to recruit consulting firm McKinsey & Co. for help with the European Union’s recovery package has prompted disquiet within his coalition. The company will advise the finance ministry and help to accelerate the drafting of Italy’s plan to spend its 209 billion-euro ($250 billion) share of the EU ...

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German drugmaker weighs $10b IPO

Bloomberg Cheplapharm Arzneimittel GmbH, the German drugmaker, is weighing plans for an initial public offering in what could be one of Europe’s largest share sales of 2021. Greifswald-based Cheplapharm is speaking with advisers about a potential listing as soon as this year, the people said, asking not to be identified discussing confidential information. A share sale could value the business ...

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Canada set to build national carbon trading marketplace

Bloomberg Canada is a step closer to building a nationwide marketplace to trade carbon credits as part of the Trudeau government’s bid to curb greenhouse gas emissions in the country. The federal government released draft regulations that will create a domestic market for trading carbon credits. The move will allow companies in industries such as agriculture and forestry to voluntarily ...

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UAE sends more humanitarian aid to flood-hit people in Sudan

KHARTOUM / WAM The Emirates Red Crescent (ERC) continues to provide additional humanitarian aid to those affected by floods which swept through a number of Sudanese states last year, as part of its efforts to address the repercussions of the disaster that is still affecting people in some areas. In this context, the ERC dispatched three new aid convoys to ...

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