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ATHENS / WAM President Katerina Sakellaropoulou of Greece honoured Mohamed Meer Al Raisi, UAE Ambassador to Greece, in recognition of his efforts in strengthening ties between the UAE and Greece. On the occasion of the end of his tenure as ambassador to the country, Greek Foreign Minister Nikos Dendias decorated the UAE Ambassador with the Grand Cross of the Order ...

Dubai / Emirates Business Emirates on Monday rolled out a brand new, state-of-the-art online gateway to serve its travel trade partners around the world. Tailored for each market, and personalised for each partner to cater to their unique business environment and needs, the Emirates Partners Portal is a one-stop shop for travel industry partners to quickly and securely access the ...

Bloomberg Spain’s tourism industry is at increasing risk of being shut down as countries across Europe seek to restrict visits to the Mediterranean nation, following an order by the British government to quarantine visitors. A steady increase in new infections in Spain last week pushed Boris Johnson’s government to order a 14-day quarantine for all visitors from Spain. Other European ...

Bloomberg Wirecard AG rose the most since June after it revealed that more than 130 investors are eyeing the company’s assets. Some 60 potential buyers have signed confidentiality agreements relating to the bidding for Wirecard’s North America unit, and 77 have done so for its core business of acquiring and issuing, the company’s insolvency administrator, Michael Jaffe, said in a ...

Bloomberg AstraZeneca Plc agreed to pay as much as $6 billion to buy into a promising medicine for lung and breast cancer in the second potential blockbuster oncology deal in two years with Japan’s Daiichi Sankyo Co. The UK drugmaker will pay Daiichi $1 billion upfront to jointly develop and bring to market a cancer therapy in early clinical tests ...

Bloomberg German businesses are growing increasingly optimistic that government support at home and an unprecedented euro-area fiscal plan will bolster demand and drive an economic recovery later this year. Expectations at companies surveyed by the country’s Ifo institute improved to 97 in July from a revised 91.6 in June, the strongest reading since late 2018. The main business climate index ...

Bloomberg The number of electric cars on Britain’s roads will jump to 30 million in next 20 years, helped by government policies to phase out sale of polluting cars. The nation’s goal of reaching net-zero emissions by mid-century is looking more achievable under three out of four scenarios modelled by network operator National Grid Plc’s Electricity System Operator unit in ...

Bloomberg The UK proposed strict new limits on junk food advertising as ministers seek to control the country’s growing obesity problem, which has been identified as a factor in coronavirus deaths. Plans include banning TV and online advertising of foods high in fat, sugar or salt before 9 p.m., the Department for Health and Social Care said on Monday. Advertisers ...

Abu Dhabi / WAM Abu Dhabi Aviation’s revenues for the period ended June 30 amounted to AED895.7 million, according to the financial results of the Abu Dhabi Securities Exchange-listed company. The company’s operating profit reached AED152 million and the net profit stood at AED47.8 million, the financial notes published on Sunday on the ADX’s website show. The company’s assets edged ...

Abu Dhabi / WAM The Emirates Water and Electricity Company (Ewec), a leading company in the coordination of planning, purchasing and providing of water and electricity across the UAE, announced the award for the world’s largest solar power plant in Abu Dhabi. The project was awarded to a consortium led by the Abu Dhabi National Energy Company (Taqa) and Masdar, ...