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Abu Dhabi / WAM Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, on Tuesday announced that its Al Taweelah alumina refinery, the first in the UAE, has delivered sustained monthly production at or above nameplate capacity each month for the past three months. The milestone marks the completion of a world-class ramp-up of ...

Abu Dhabi / WAM Etihad Airways announced the launch of its New Year’s sale – get two tickets for the price of one. Fares from Abu Dhabi to Istanbul start from just AED1,790, Dublin from AED3,830 and Toronto from AED5,790. The sale extends across all of Etihad’s cabins, with return Business fares starting from AED8,750 out of Abu Dhabi to ...

Sharjah / WAM Irthi Contemporary Crafts Council, an affiliate of the Nama Women Advancement Establishment, has broadened the global appeal of the UAE’s timeless, indigenous craft traditions through collaborations with entities at the forefront of the international design and cultural landscape. Teaming up with Dezeen, an influential architecture and design magazine and digital platform, Irthi showcased a selection of its ...

Bloomberg US lawmakers are receiving urgent security instructions in advance of potential violence in Washington tied to protests as Congress meets to certify Joe Biden as the next US president. The precautions to members of the House and Senate include guidance to use underground tunnels while traveling between chambers in the Capitol and to nearby office buildings during the day. ...

Bloomberg Chancellor of the Exchequer Rishi Sunak rolled out 4.6 billion pounds ($6.2 billion) of new support to help UK businesses forced to close during the pandemic, as the country enters its third lockdown. Retail, hospitality and leisure businesses will be entitled to one-off top up grants of as much as 9,000 pounds ($12,233) to tide them over until the ...

Bloomberg Tesla Inc. came close to meeting its 500,000 vehicle-deliveries goal for 2020, setting the stage for a new year in which it’s expanding in China and poised to open new factories in Texas and Germany. The electric-car maker said it handed over 180,570 vehicles in the year’s final three months, the most for any quarter but just 450 vehicles ...

Bloomberg German joblessness unexpectedly declined in December, though companies were heavily dependent on government subsidies to keep workers employed through the latest lockdowns. A decrease of 37,000 left the total number of unemployed people at 2.776 million and the rate unchanged at 6.1%, according to the Federal Labour Agency. Economists surveyed by Bloomberg had expected a gain of 10,000. At ...

Bloomberg The cost of moving freight from France to the UK surged to more than four times the usual level last week after Brexit and a virulent new strain of the coronavirus complicated supply chains. The spot rate for last-minute shipments across the English Channel reached more than 6 euros per kilometer ($4.56 a mile) for a full truckload in ...

ABU DHBAI / WAM Dr Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, has highlighted the UAE’s commitment, upon the directives of its leadership, to supporting joint action to promote tourism in Arab countries, as well as its keenness to strengthen their cooperation in establishing a sustainable roadmap for advancing Arab tourism. He said this while participating ...

Bloomberg For more than two decades Chinese companies have turned to the US stock market for capital and international prestige, raising at least $144 billion from some of the world’s largest investors. Now this pillar of China’s integration with the global financial system is increasingly under threat. The latest blow arrived on New Year’s Eve, when the New York Stock ...