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  Dubai / WAM Under the patronage of HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, the second edition of Al Burda Festival opened at the Dubai Exhibition Centre, Expo 2020 Dubai. Organised by the Ministry of Culture and Youth, this year’s edition of Al Burda Festival takes place under the theme “Transcending Spaces, ...

  Abu Dhabi / WAM Adnoc Distribution, the UAE’s largest fuel and convenience retailer, announced on Monday the opening of its latest Adnoc service station in KSA – the first to fully showcase the company’s modern fuel and retail convenience offering with an integrated Adnoc Oasis store, car wash and lube change. During the first half of 2021, Adnoc Distribution ...

  Bloomberg Europe is bracing for energy shortages as freezing weather sets in, boosting demand and sending prices surging at a time when supply just can’t keep up. Temperatures are forecast to fall below zero degrees Celsius in several European capitals, straining electricity grids already coping with low wind speeds and severe nuclear outages in France. To make matters worse, ...

  Bloomberg Hong Kong’s leader Carrie Lam touted plans to revive a controversial security law that ignited a political firestorm two decades ago, after completing an election to install a new legislature filled with Beijing loyalists. The pro-establishment council elected in a muted vote should present “new proposals” by June on how to enact security legislation, Lam told a news ...

  Bloomberg Just as firms wrestle with a global supply chain crisis and fresh pandemic restrictions, companies in the UK and European Union face another looming headache: More post-Brexit red tape. From January 1, companies importing goods into Britain from the EU will be required to make full customs declarations. Food products will also have be pre-registered on an IT ...

  Bloomberg The unemployment rate fell in nearly every US state last month, including in eight states where it dropped to a record low. Nebraska, with a jobless rate of 1.8%, had the lowest in the country, followed closely by Utah at 2.1%, according to Labour Department data. Arkansas, Georgia, Montana, Oklahoma, West Virginia and Wisconsin also posted record lows. ...

  Bloomberg Germany’s federal government plans to sell the second-highest amount of debt on record next year, as aggressive spending to offset the impact of coronavirus pandemic continues. Debt issuance will shrink to about 410 billion euros ($464 billion) in 2022, compared with a record of around 480 billion euros this year, according to the German finance agency’s issuance plan. ...

  Bloomberg Argentina is putting a ceiling on exports of corn and wheat in a fresh bid by the leftist government to quell food inflation at home. The government will first decide how much of the grains are needed in Argentina, and then proceed to stop exporters from registering shipments that’d jeopardise those domestic supplies, according to a resolution published ...

  Abu Dhabi / WAM The Abu Dhabi Accountability Authority (Adaa) has become the first government entity to move its data centre to the G42 Cloud and expand its artificial intelligence (AI) capabilities across its digital operations. The move is in line with the emirate’s leadership directives to achieve the highest levels of integrity and continuously improve best governance practices. ...

  ABU DHABI / WAM The United Arab Emirates has strongly condemned the Houthi terrorist militias’ attempts to attack civilians and civil objects in Khamis Mushait and Abha International airport in Saudi Arabia, with a bomb-laden drone, which was intercepted by the Coalition Forces. In a statement by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the UAE reiterated ...