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GLASGOW / WAM The Ministry of Climate Change and Environment (MoCCAE) launched two new initiatives, one in collaboration with Majid Al Futtaim and the other is in collaboration with the private sector at the 26th UN Climate Change Conference (COP26) in Glasgow. The initiatives aim to increase the involvement of the private sector in the UAE’s efforts to reduce greenhouse ...

DUBAI / WAM Hessa bint Essa Buhumaid, Minister of Community Development and Chairwoman of Digital Wellbeing Council, emphasised that the UAE wellbeing indicator achieved accelerated progress in social, healthcare, educational and economic aspects supported by the UAE leadership and its future vision in light of the changes to enhance the new methodology of government action. Coinciding with the year of ...

ABU DHABI / WAM The UAE has expressed its strong denunciation and condemnation of the attempts by the Iran-backed terrorist Houthi militia to target civilians and civilian objects in a systematic and deliberate manner in Jazan and Khamis Mushait in the sisterly Kingdom of Saudi Arabia, with two booby-trapped drones, which were intercepted by Coalition forces. In a statement issued ...

Dubai / WAM The newly-established UAE Infrastructure and Housing Council held its first meeting to discuss the challenges, priorities, policies and legislation that serve the direction of the state and contribute to realising aspirations of the government for the welfare of the Emirati people. The council also reviewed the housing plans for the coming years and the provision of multiple ...

Dubai / WAM More than 120 permanent buildings across Expo 2020 Dubai have been certified by the US Green Building Council in a major sustainability milestone, not only for the mega-event itself, but for its legacy project District 2020, the human-centric sustainable smart city that will repurpose 80 percent of the Expo site. Seven buildings across the 4.38 sqkm location, ...

Bloomberg As the world’s powers wrestle over the future of the planet in Glasgow, another politically fractious issue will play out on the sidelines of the COP26 summit — Taiwan’s exclusion from international organisations. Two weeks after US Secretary of State Antony Blinken called for Taiwan to have a greater role at the United Nations, a delegation from Taipei, led ...

Bloomberg President Joe Biden said the US economy is recovering from the pandemic faster and stronger than expected, after a report showing the labour market got back on track last month with broad-based payroll gains. “America is getting back to work; our economy is starting to work for more Americans,” Biden said at the White House. “Our economy is on ...

Bloomberg CMA CGM SA, one of the world’s largest shipping companies, agreed to buy Fenix Marine Services, which operates a container terminal in the Port of Los Angeles, in a deal with an enterprise value of $2.3 billion. CMA CGM reached the agreement with EQT Infrastructure, according to a statement. The shipper, which already owned a 10% stake in the ...

Bloomberg Canada’s labour market continued to heal in October as retail businesses ramped up hiring, though the pace of gains has begun to cool. The economy added 31,200 jobs last month, Statistics Canada said in Ottawa, missing expectations for a gain of 41,600 in a Bloomberg survey of economists. The unemployment rate falls to 6.7% from 6.9% in September, and ...

Bloomberg AP Moller-Maersk A/S expects shipping markets to remain tight at least into the first quarter with global container demand set to grow faster than previously expected. The world’s largest shipping line said global ocean-based freight shipping will grow between 7% and 9% this year, a percentage point higher than a previous prediction, according to a statement. “Our clients are ...