News

  LATAKIA / WAM The UAE Search and Rescue team continues its practical exercises to qualify and train members of the Syrian Civil Defence in dealing with emergency cases professionally. During the training held in the Syrian governorate of Latakia, the participants received practical training related to civil defence work, especially in search and rescue operations. The course comes as ...

  Ras Al Khaimah / WAM Ras Al Khaimah Economic Zone (Rakez) is participating in the Gulfood exhibition to showcase its business solutions for global investors in the food and beverage (F&B) industry who want to establish and expand their operations in the UAE. With an aim to promote the F&B industry, Rakez regularly participates in the annual Gulfood exhibitions ...

  Abu Dhabi / WAM Abu Dhabi Islamic Bank (Adib) announced that it had saved five million sheets of paper in 2022 through its ongoing Al Ghaf paperless programme. This initiative supported the bank in eliminating paper usage significantly at branches through digital banking solutions. As part of Adib’s 2025 growth strategy, Al Ghaf Programme underlines the bank’s commitment to ...

Sharjah / WAM Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations (DGR) in Sharjah, met with Manuel Tovar Rivera, the Minister of Foreign Trade and Investment of Costa Rica, to discuss strengthening collaboration between their respective regions. The parties discussed trade, food security, and the transportation of goods sector, with the aim of identifying ways to benefit ...

Bloomberg UK Chancellor of the Exchequer Jeremy Hunt has as much as £30 billion ($36 billion) for short-term giveaways in next month’s budget after the public finances came in far better than expected in January. Borrowing since the fiscal year that began in April is running £22 billion below the level forecast by the Office for Budget Responsibility in November, ...

Bloomberg Meta Platforms Inc. will begin moving its UK users away from the company’s Irish subsidiary and onto US agreements in a move the social-media giant flagged post-Brexit. The company was expected to update terms of service for UK Facebook, Instagram and WhatsApp users on Tuesday and customers will be notified in the coming weeks, Menlo Park, California-based Meta said ...

  Bloomberg The euro area’s two largest economies saw private-sector growth return, snapping months of contractions as easing supply shocks and an unusually mild winter provide respite. S&P Global’s flash Purchasing Managers’ Index for Germany rose to 51.1 in February — much better than the 50.3 median estimate in a Bloomberg survey and the first time since June that the ...

Bloomberg Microsoft Corp. headed into a showdown with European Union antitrust watchdogs by insisting its $69 billion takeover of Activision Blizzard Inc. will “bring more competition” for gamers but pledging to show willingness to address antitrust concerns. “I think we’ll make clear that our acquisition of Activision Blizzard will bring more games to more people on more devices and platforms ...

  Bloomberg Europe’s biggest economies beat expectations as business activity returned to growth, boosting the chances they can stave off recessions. Gauges of private output in Germany and France both signaled expansion in February after pullbacks in January, while the UK’s purchasing managers’ index showed the first positive reading in six months — jumping to 53 from 48.5. In the ...

Bloomberg It’s never been this cheap to buy a Tesla. After a hopscotch of price cuts over the past month, Tesla’s Model 3 sedan now sells for $4,930 less than the average new vehicle sold in the US. That’s the cheapest price Tesla has ever had relative to the typical US vehicle, according to a new Bloomberg analysis. It’s a ...