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ABU DHABI / WAM The Environment Agency – Abu Dhabi (EAD) has begun a project to rehabilitate mountainous natural habitats in the Jebel Hafit National Park by propagating threatened local plant species like Dwarf Palms, Caralluma and Arabian Moringa in its native plant nursery. Within a valley in the Jebel Hafit National Park, 55 Dwarf Palms, 30 Carulluma and 30 ...

Dubai / WAM Dubai has launched a compliance programme to certify and recognise hotels and retail establishments, F&B outlets and attractions that have implemented all public health protocols for the prevention and management of Covid-19. The initiative is part of efforts to showcase Dubai as one of the world’s safest destinations as it continues to receive tourists following the city’s ...

Dubai / WAM Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, continued to drive the future of finance during the first half of 2020. The centre made progress on its 2024 strategic priorities and achieved a record number of registrations in the first six months of 2020. These ...

Bloomberg European Union (EU) leaders meeting in Brussels were fighting to close a deal for a 750 billion-euro stimulus package as fiscally hawkish countries from the North tried to strip the plan of much of its firepower. While the Dutch government welcomed a new proposal unveiled that cut the amount of grants in the program to 450 billion euros from ...

Bloomberg The British government privately told Huawei Technologies Co. that the decision to ban the company’s equipment from the UK’s 5G networks stemmed partly from pressure by the US, the Observer reported, without saying how it got the information. British officials gave the Chinese company the impression that the decision could be reviewed, perhaps if US President Donald Trump fails ...

Bloomberg Mexico’s economy recovery will take longer than expected and will depend on evolution of coronavirus pandemic, Finance Minister Arturo Herrera said. International consensus was for a two-month lockdown followed by a fast economic recovery, Herrera said during a virtual meeting of G20 finance ministers and central bank governors. “The recovery horizon will be longer, as long as a vaccine ...

Bloomberg Prime Minister Boris Johnson’s chief scientific adviser acknowledged there were failings in the UK’s response to the coronavirus pandemic, and said some decisions will turn out to have been wrong. “It’s clear that the outcome has not been good in the UK,” Patrick Vallance told the House of Commons Science and Technology Committee hearing. “There will be decisions made ...

Bloomberg EBay Inc. would prefer to keep a stake in the classified advertising business it’s selling, according to reports, lessening the chances Prosus NV will win the hotly-contested auction. The decision at a board meeting gives a surprise boost to a bid from Norwegian online marketplace Adevinta ASA, which offered a mix of cash and stock and would leave EBay ...

Bloomberg With job cuts mounting and costly furlough programs that can’t last forever, Europe is at risk of a devastating increase in unemployment that won’t be easy to reverse. Economies across the continent are recovering and company sentiment is brightening, but it’s a different story when it comes to hiring. After months of crisis, the outlook remains too uncertain for ...

Bloomberg Crude clung to losses amid a combination of weak economic data and signals that a recovery in consumption may be slowing. Futures posted a 0.4% decline in New York. Although strength in US equities pushed oil up from the lows of the session, futures were unable to rally amid a flurry of disappointing data points. In the US, consumer ...