News

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 ...

ABU DHABI / WAM Abu Dhabi Ports and the Manufacturers Association of Israel (MAI) on Wednesday signed an agreement to enhance trade, investment and technology cooperation between the UAE and Israel, in the presence of Falah Mohamed Al Ahbabi, Member of the Abu Dhabi Executive Council and Chairman of Abu Dhabi Ports. The Memorandum of Understanding opens a dialogue between ...

FUJAIRAH / WAM Stockpiles of oil products at Fujairah jumped 12 per cent in the week to December 7, the biggest rise since February amid signs of slowing exports from the UAE port, according to data issued on Wednesday by the Fujairah Oil Industry Zone (FOIZ). The total stood at 23.088 million barrels as of December 7, the highest since ...

DUBAI / WAM flydubai on Wednesday announced the start of flights to Grozny, the capital of Chechnya in Russia, making it the first carrier to offer direct flights on this route from the UAE. Flights between Dubai International (DXB) and Grozny Airport (GRV) will operate twice weekly starting from December 7, 2020. flydubai has been operating flights to Russia since ...