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UAE sends second aid plane with medical supplies to Costa Rica

ABU DHABI / WAM The United Arab Emirates on Wednesday sent a second aid plane carrying 12 metric tonnes of medical supplies and testing kits to Costa Rica. This aid will assist approximately 12,000 medical professionals as they work to contain the Covid-19 virus. Commenting on the aid delivery, Juma Al Rumaithi, UAE Ambassador to Costa Rica, said, “The dispatch ...

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Dubai fines 2 businesses for breaking Covid-19 rules

Dubai / WAM Field inspectors from the Commercial Compliance and Consumer Protection (CCCP) sector in Dubai Economy continued their visits to open markets and shopping centres across the emirate on Tuesday to ensure that commercial establishments commit to the precautionary measures against Covid-19. During the tours, Dubai Economy imposed fines on two commercial establishments for employees’ lack of commitment to ...

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Air Arabia resumes operations from Ras Al Khaimah to four destinations

SHARJAH / WAM Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier has announced the resumption of flights from Ras Al Khaimah International Airport to four destinations in Egypt and Pakistan in addition to new a new service between Rask Al Khaimah and the capital of Bangladesh, Dhaka. Air Arabia’s flights to Cairo and Lahore from ...

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Covid-19: UAE announces 101,659 total recoveries

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 103,132 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, MoHAP announced 1,431 new coronavirus cases, bringing the total number of recorded cases in the UAE to 110,039. MoHAP also noted an additional 1,652 ...

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Dubai Culture, GDRFA to enhance joint cooperation

Dubai / WAM Dubai Culture and Arts Authority announced the signing of a partnership agreement with the General Directorate of Residency and Foreigners Affairs (GDRFA) in line with the implementation of the cultural visa initiative launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of teh UAE and Ruler of Dubai, to strengthen joint work ...

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Al Zahia breaks ground on its Al Yasmeen neighbourhood

Sharjah / WAM Al Zahia Sharjah’s premier lifestyle destination has moved one step closer to completion with the ground-breaking ceremony of its highly sustainable Al Yasmeen neighbourhood. Scheduled for completion in 2022, Al Yasmeen is designed for discerning families and young couples that demand luxury and tranquillity from the place they call home. The neighbourhood will comprise a mix of ...

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US states see $31b tax revenue drop due to Covid-19 recession

Bloomberg US states saw their tax revenue drop by about $31 billion, or 6%, from March through August, compared to the same period a year earlier, as the pandemic triggered economic shutdowns across the country, according to a data from 44 states compiled by the Urban Institute. The scale of the drop appears smaller than expected, relative to the depth ...

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German recovery loses steam as virus fears rise

Bloomberg Germany’s economy is losing steam but will do slightly better than government forecasts as fears grow over rising coronavirus infections, according to the country’ s five leading research institutes. Gross domestic product will contract by 5.4% in 2020 and grow 4.7% next year, the experts predicted in their latest bi-annual outlook published on Wednesday. In their spring report, they ...

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Over 162,000 Californians face power cuts

Bloomberg PG&E Corp. is preparing to cut the lights to 162,000 Californians in 24 counties in its latest effort to keep strong winds from knocking down live wires and igniting wildfires. PG&E will make a final decision on the power cuts, with the first customers expected to go dark later that day, Mark Quinlan, an incident commander for the San ...

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Brazil records fastest inflation for September in 17 years

Bloomberg Brazil’s consumer inflation recorded its fastest pace for the month of September since 2003 as food and fuel prices rise, supporting the case for the central bank to keep its key rate unchanged later this month. The benchmark IPCA index rises 0.64% from August, above the 0.54% median estimate in a Bloomberg survey of economists. Annual inflation accelerated to ...

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