Uncategorized

Estonia condemns Houthi’s terrorist attack on UAE

  ABU DHABI / WAM Saqr Ghobash, Speaker of the Federal National Council (FNC), has received a letter from Eva-Maria Liimets, the Minister of Foreign Affairs of the Republic of Estonia, expressing her strong condemnation and rejection of Houthi terrorist attacks on civil areas and facilities in the UAE. Liimets voiced her country’s full solidarity with the UAE. She also ...

Read More »

UAE, Kerala have heart-to-heart relationship, says CM

  DUBAI / WAM The UAE and south Indian state of Kerala have “a very close heart-to-heart relationship,” the state’s Chief Minister Pinarayi Vijayan told the Emirates News Agency (WAM). “Kerala-UAE relations are not something formal. It is a very close heart-to-heart to relationship. All top UAE officials whom I met here told me that Kerala and Keralites occupy a ...

Read More »

UK’s Sunak reveals $12bn plan to offset energy crunch

  Bloomberg Chancellor Rishi Sunak announced a raft of measures as the UK government sought to get a grip on a burgeoning cost-of-living crisis, with millions of Britons facing record increases in their energy bills. “The government is going to step in to directly help people manage those extra costs,” Sunak said in the House of Commons, saying his intervention ...

Read More »

Putin, Xi close ranks against West on Ukraine and Taiwan

  Bloomberg Vladimir Putin and Xi Jinping closed ranks against the US and its allies on key security issues as they declared that there’s no limit and “no forbidden zones” in the friendship between Russia and China. At their first in-person meeting in more than two years Friday, Putin and Xi said in a joint statement that China “treats with ...

Read More »

US productivity increases by the most in more than a year

  Bloomberg US productivity surged last quarter by the most in more than a year, reflecting a sharp acceleration in economic output, while labour costs growth cooled. Fourth-quarter nonfarm business employee output per hour increased at a 6.6% annual rate from the previous three months, the largest advance since the second quarter of 2020, according to Labour Department figures. In ...

Read More »

German factory orders rise as pandemic holds grip on economy

  Bloomberg German factory orders increased more than anticipated in December, a bright spot for Europe’s largest economy as the pandemic threatens to tip it into another recession. Demand increased 2.8% after rising a revised 3.6% in the previous month, a stronger reading than even the highest estimate in a Bloomberg survey of 27 economists. Domestic demand was a key ...

Read More »

New York Times sets new goal of 15mn subscribers by 2027

  Bloomberg New York Times Co. set a new goal of attracting 15 million subscribers by the end of 2027, aiming to double its current customer base as it signs up more paying readers and snaps up other digital media properties. In 2019, the Times set a goal of 10 million subscriptions by 2025. Unlike that target, the new goal ...

Read More »

Zuckerberg tells staff to focus on video as Meta plunges

  Bloomberg Mark Zuckerberg quipped that if he started to cry, it wasn’t because of the day’s news. His red, teary eyes were the result of a scratched cornea, the Facebook founder said, attempting to lighten the mood as Meta Platforms Inc.’s stock price lost more than a quarter of its value. At a company-wide virtual meeting, Zuckerberg explained that ...

Read More »

UAE to mark International Day of Human Fraternity

  ABU DHABI / WAM The UAE will celebrate the International Day of Human Fraternity on Friday, designated by the United Nations (UN) General Assembly on an initiative by the UAE, Saudi Arabia, Bahrain and Egypt to make February 4 an annual occasion to encourage solidarity and unity between peoples and promote the values of tolerance. The occasion constitutes the ...

Read More »

Dubai adds 98 new economic activities to key sectors in 2021

  Dubai / WAM The Business Registration and Licensing (BRL) sector at the Department of Economy and Tourism (DET), Dubai, has added 98 new economic activities across a number of vital sectors in 2021, bringing the total number of economic activities to more than 2,200. This entails an increase of 88 percent compared to 2020, with 52 new economic activities ...

Read More »
Send this to a friend