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ABU DHABI / WAM The Authority of Social Contribution, Ma’an, launched its new initiative “Ghaya”, a financial literacy programme aimed at enhancing knowledge of financial management. Through cooperation with the Abu Dhabi Social Support Authority, 50 of its beneficiaries are to be enrolled on the inaugural initiative on December 13 in addition to other participants from the public. Ghaya, in ...

Bloomberg Pfizer Inc gained emergency US authorisation for its Covid-19 vaccine, completing an unprecedented scientific sprint that could eventually help bring an end to a pandemic that has killed nearly 300,000 Americans. The Food and Drug Administration’s (FDA) decision to authorise use of Pfizer and partner BioNTech SE’s vaccine will now set in motion a complicated immunisation drive that will ...

Bloomberg Nestle SA is jumping into the fake-meat business in China, seeking to revive weakening sales there by grabbing market share in the nation. The Swiss company introduced a range of plant-based meat alternatives in China under its Harvest Gourmet brand. Six options including kung pao chicken and braised meatballs will be available later this month on Alibaba Group Holding ...

Bloomberg Sweden’s government proposed a law that would give it the power to close stores in response to a worsening pandemic. The bill, which would allow the minority coalition to cut shops’ opening hours and limit footfall, is due to take effect in March if it makes it through the consultation process, Minister of Health and Social Affairs Lena Hallengren ...

Bloomberg The vast majority of the world’s largest transport companies, including General Motors (GM), Ford Motor and British Airways owner IAG, are taking insufficient action to limit global warming to within 2 degrees Celsius, according to a report backed by money managers overseeing about $22.8 trillion. Only 18% of airline, car and shipping companies have set carbon-reduction plans in line ...

Bloomberg UK freight trains are being forced to leave the country’s biggest container port without a full load, in the latest sign that stockpiling to prepare for Britain’s break with the European Union is disrupting supply chains already strained by the coronavirus outbreak. Some trains normally packed with everything from phones to the latest fashions are departing Felixstowe east of ...

ABU DHABI / WAM The UAE’s Ministry of Health and Prevention (MoHAP) has announced the official registration of Beijing Institute of Biological Product’s inactivated Covid-19 vaccine in a major step towards combating the global pandemic. The registration of this vaccine is a decision in response to the application from Sinopharm CNBG. The announcement is a significant vote of confidence by ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) announced on Wednesday the signing of an exploration concession agreement, awarding the exploration rights for Abu Dhabi Onshore Block 5 to Occidental, a US-based international oil and gas exploration and production company. The award has been approved by Abu Dhabi’s Supreme Petroleum Council (SPC) and follows the SPC’s endorsement ...

DUBAI / WAM Professional Communication Corporation (Nedaa) signed a new partnership agreement with Airbus at the ongoing Gitx Technology Week 2020 in Dubai for the deployment of mission-critical communication solutions. Mansoor Bu Osaiba, CEO of Nedaa, and Walid Lahoud, Head of Sales Middle East and North Africa for Secure Land Communications at Airbus, inked the agreement during a signing ceremony ...

ABU DHABI / WAM The Abu Dhabi Emergency, Crisis and Disasters Committee for the Covid-19 Pandemic has announced that it has started working with all concerned and relevant authorities to fully resume economic, tourism, cultural and entertainment activities in the emirate within two weeks. This decision comes after the success of efforts made to maintain a low percentage of confirmed ...