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Abu Dhabi / WAM Louvre Abu Dhabi added to its digital offering by releasing a 20-minute cinematic podcast entitled, ‘We Are Not Alone’. Composed and produced by Soundwalk Collective, an experimental group of artists and musicians, this podcast invites audiences to discover Louvre Abu Dhabi’s unique architecture through a science-fiction narrative, a statement by the museum said on Monday. The ...

ABU DHABI / WAM The Pest Control Projects Department at Abu Dhabi Waste Management Centre (Tadweer) has conducted an intensive pest control programme as part of its preventive measures to ensure the health and safety of residents in the emirate. As part of the drive, Tadweer launched an awareness campaign targeting real estate contractors, consultants, and developers in the emirate ...

RAS AL KHAIMAH / WAM The Group CEO of Al Hamra Benoy Kurien announced on Monday that they will reopen two shopping malls – Al Hamra Mall and Manar Mall in Ras Al Khaimah, which will operate from 10 am until 10 pm, as per the directives of the Ras Al Khaimah Department of Economic Development. “Shoppers are mandated to ...

ABU DHABI / WAM Emirates Transport Taxis, a subsidiary of Emirates Transport, announced that it had completed 5,204,308 trips in 2019. The Abu Dhabi-based company was launched back in October 2017 with a fleet of just 200 cars, which has since increased to 800 vehicles of various sizes and 1,000 drivers. Ali Yousef, Manager of Emirates Transport Taxi, said that ...

Bloomberg The South Korean government unveiled a 76 trillion won ($62 billion) ‘New Deal’ spending plan to reshape the economy in the aftermath of the pandemic after slashing its growth forecast for the year. The plan, first outlined by President Moon Jae-in in April, aims to refocus the economy through 2025 by supporting job growth and new industries. It will ...

Bloomberg The European Union (EU) could charge 70,000 companies for access to the EU market to help pay for its coronavirus recovery program, Budget Commissioner Johannes Hahn was quoted as saying in a Financial Times interview. Hahn said there’s no alternative to giving the European Commission new sources of revenue to service the debt it would take on under the ...

Bloomberg Facing the worst recession in more than a decade, Vladimir Putin plans to roll out a spending plan to rival stimulus packages in other major economies. The Russian president’s government says the plan envisions support equivalent to a 10th of annual economic output. But analysts from Bloomberg Economics and some of Wall Street’s biggest banks say the level is ...

Bloomberg Europe’s car industry showed tentative signs of a recovery in May with some French and Spanish buyers braving visits to reopened showrooms. New car registrations fell 50% in France year-on-year, CCFA, the nation’s automotive-industry group, said on Monday. The drop was an improvement over April’s 89% plunge. Spain also showed a slight comeback. Renault SA and Peugeot owner PSA ...

Bloomberg The UK government is preparing to unveil an economic stimulus package in July as it steps up attempts to lessen the depth of the recession caused by the coronavirus pandemic, the Financial Times reported, citing unidentified government officials. Chancellor of the Exchequer Rishi Sunak is working on proposals to invest in training programs, infrastructure and help for technology firms, ...

Bloomberg The US labour market is showing the earliest signs of recovery, according to Goldman Sachs Group Inc. A drop in continued jobless claims, especially in states that reopened earlier than others, suggests rehiring by businesses may be starting to turn the tide, analysts led by New York-based economist Jan Hatzius wrote in a report to clients. The economists cautioned ...