News

  Bloomberg Talks to negotiate a lower price for Pfizer Inc.’s Covid antiviral pill Paxlovid in China didn’t pan out, the health authority said, creating a quandary for the government amid a rampant outbreak in the world’s most populous nation. Pfizer and the government agency that oversees the state medical insurance program failed to agree on a further cut on ...

Abu Dhabi / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade said that the UAE continues to leverage its global presence by opening up to the world and expanding its network of trading partners through comprehensive economic partnership agreements with a carefully selected group of markets of strategic importance internationally and regionally. The minister made ...

  Bloomberg The World Bank is concerned that “further adverse shocks” could push the global economy into recession in 2023, with small states especially vulnerable. The warning is contained in an abstract for the bi-annual “Global Economic Prospects” report due for release on Tuesday and visible on the group’s Open Knowledge Repository website. Even without another crisis, global growth this ...

  Abu Dhabi / WAM The Engineering Export Council (EEC) of Egypt has announced that the sector’s exports increased by 10 percent to $3.32 billion from January-November 2022, compared to $3 billion in the same period in 2021. According to the EEC’s monthly report, the most notable industries with export growth in the first 11 months of 2022 over the ...

  Abu Dhabi / WAM Under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, the National Centre of Meteorology (NCM) will host the 6th Edition of the International Rain Enhancement Forum (IREF) from January 24-26. Gathering leading global and national experts, researchers, scientists, and stakeholders, the forum will discuss ...

  Dubai / WAM The work progress of the water reservoir project in Hatta has achieved 76.8 percent completion rate. The project has a storage capacity of 30 million imperial gallons (MIG), at a cost of approximately AED86 million. It is expected to be completed in April 2023. This was announced during an inspection tour by Saeed Mohammed Al Tayer, ...

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) launched a Travel Behaviour Survey – Screening Questionnaire of individuals and families residing or working in Dubai, as well as companies based in the emirate. This step is part of RTA’s efforts to revamp its strategic roads and transport plans, enhance roads and public transport networks and services to provide ...

  Sharjah / WAM Expo Centre Sharjah (ECS) is set to begin on Monday for the inauguration of SteelFab 2023 exhibition, the largest commercial event of its kind in the Middle East and North Africa region. Organised by ECS with the support of Sharjah Chamber of Commerce and Industry, the event’s 18th edition brings together more than 200 companies from ...

Abu Dhabi / Gulf Time Abu Dhabi Chamber of Commerce and Industry (ADCCI) launched the updated version of its Effortless Certificate of Origin service, which aims to enhance customers’ experience and reduce the time taken for acquiring the service. This comes as part of its participation in the Abu Dhabi Program for Effortless Customer Experience, launched by His Highness Sheikh ...

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) launched a Travel Behaviour Survey – Screening Questionnaire of individuals and families residing or working in Dubai, as well as companies based in the emirate. This step is part of RTA’s efforts to revamp its strategic roads and transport plans, enhance roads and public transport networks and services to provide ...