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Bloomberg Italy’s political parties are readying for possible snap elections, even as some of them redouble efforts to convince Prime Minister Mario Draghi to rethink his determination to resign. While talks to patch up the current majority, or form a new one, continue, Italy’s political groupings are making preparations for a potential vote, several party and government officials said, asking ...

  Dubai / WAM HH Sheikha Manal bint Mohammed bin Rashid Al Maktoum, President of the UAE Gender Balance Council, President of Dubai Women Establishment and wife of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, congratulated the wise leadership and HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union ...

  Dubai / WAM Emirates Development Bank (EDB) has announced the signing of a credit facility agreement with Valiant Healthcare, the owner of Valiant Clinic & Hospital, a UAE-based boutique multi-specialty clinic and hospital located in CityWalk Dubai. The agreement will extend financing to for both capital investment and operational expenditures, allowing it to fulfil its expansions plans and while ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, in his capacity as the Ruler of Dubai, has issued Resolution No.27 of 2022 appointing His Highness Sheikh Ahmed bin Saeed Al Maktoum as Chairman of Expo City Dubai Authority. HH Sheikh Mohammed bin Rashid also issued Resolution No.28 of ...

Bloomberg Russia’s government has made a plan to create a national oil benchmark next year, as it seeks to protect itself from efforts by the West to restrict the flow of petrodollars to the country. Key ministries, domestic oil producers and the central bank plan to launch oil trading on a national platform in October, according to a document seen ...

Bloomberg China’s attempt to strike a wide-ranging economic and security pact in the strategically important Pacific region fell apart in May because of Beijing’s rushed attempts at diplomacy. The head of the Pacific Islands Forum held this week in Fiji said Chinese Foreign Minister Wang Yi had come to the region with an “outcomes document” already prepared, before any meetings ...

Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan affirmed that the UAE will continue its firm approach to support every step towards promoting coexistence and constructive cooperation, building on its belief in peoples’ right to have peace, stability, development and prosperity, and to achieve a better future for the generations to come. His Highness Sheikh ...

  Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) and the Abu Dhabi Exports Office (Adex) signed two loan agreements with the Electricity and Water Authority in Bahrain to finance a water supply network project. Under the agreements, ADFD has committed to provide a loan of AED150.6 million, and Adex to provide a loan of AED187.32 million. The ...

  Abu Dhabi / WAM Dr Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, has said that the historic address of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to the nation reflects the UAE wise leadership’s vision for the future of the country and its community, as well as the outlook of the nation for the coming ...

Bloomberg President Joe Biden said the US won’t wait “forever” for Iran to agree to new curbs on its nuclear program, while Israeli Prime Minister Yair Lapid warned that his country is prepared to defend itself should Tehran get closer to developing a weapon. “We’ve laid out for the leadership of Iran what we’re willing to accept,” Biden told reporters ...