KIEV / WAM A delegation from the Emirates News Agency (WAM) visited a number of state-run and private media institutions in the Republic of Ukraine, at the invitation of Ukrinform, the national news agency of Ukraine. The visit aimed to foster media cooperation between WAM and Ukrainian media outlets in various fields, including areas of training and news exchanges. Featuring ...
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DLD, EMCT sign deal on enhancing cooperation
DUBAI / WAM Dubai Land Department (DLD) signed a Memorandum of Understanding (MoU) with the Emirates Association for Management Consultants and Trainers (EMCT) to set the general framework for joint cooperation in the field of exchanging information, experiences and research relevant to the profession of management consultancy, administrative training, developing the skills of national cadres, including trainers and administrative consultants, ...
Read More »Emirates Post, Enoc enhance last mile delivery services
Dubai / WAM Emirates Post, UAE’s official postal operator and leading express provider, announced that it has partnered with Enoc Group to enhance customer experience in its last-mile delivery services in line with its leading drive to support the growth in logistics and e-commerce in the UAE. Zoom, a leading home-grown convenience store chain owned by Enoc Group, has become ...
Read More »US, China to elevate military talks in bid to ease tensions
Bloomberg Officials in Washington and Beijing have agreed to high-level conversations between their militaries, according to a person familiar with the matter. During a 3 1/2-hour virtual summit with President Joe Biden, Chinese President Xi Jinping agreed to support such discussions between the US military and top officials from the People’s Liberation Army, including the vice chairman of the country’s ...
Read More »UK budget deficit exceeds forecasts as debt costs triple
Bloomberg The cost of servicing UK government debt more than tripled in October from a year earlier due to surging inflation, leaving the budget deficit higher than economists forecast. Interest costs were 5.6 billion pounds ($7.6 billion) compared with 1.8 billion pounds in the same month in 2020, the Office for National Statistics (ONS) said. In the first seven months ...
Read More »IMF backs $50 billion credit line to Mexico
Bloomberg The International Monetary Fund’s (IMF) executive board approved a $50 billion credit line for Mexico, reducing the amount it extended in previous years as it argues that the nation’s economic prospects have improved. The two-year flexible credit line, which is designed for crisis prevention, is Mexico’s ninth such consecutive agreement, and is about 20% less than the amount approved ...
Read More »Global shipping under pressure to ease pollution after COP 26
Bloomberg Global talks on how to clean up shipping are set to begin on Monday as momentum builds to cut pollution from the sector. The International Maritime Organisation (IM)) is under pressure to do something,†said Edmund Hughes, who was previously responsible for greenhouse gas emissions at the United Nations body, which is shipping’s global regulator and the host of ...
Read More »BMW sees full-year earnings at higher end of guidance
Bloomberg BMW AG’s Chief Financial Officer Nicolas Peter expects full-year earnings near the upper end of the company’s guidance as higher vehicle prices offset production outages stemming from the dearth of chips. BMW’s returns from automaking will likely be at the higher end of the 9.5% to 10.5% of sales the company projected in September, the CFO said. While BMW ...
Read More »Abu Dhabi’s Adnoc, Taqa form global green energy venture
ABU DHABI / WAM His Highness Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office, and Chairman of the Executive Committee of the Board of Directors of Abu Dhabi National Oil Company (Adnoc), on Wednesday launched a new global renewable energy and green hydrogen venture between Adnoc ...
Read More »UAE, Russia ink deal to bolster collaboration in hydrogen tech
Abu Dhabi / WAM The UAE Ministry of Industry and Advanced Technology (MoIAT) signed a memorandum of understanding (MoU) with the Ministry of Industry and Trade of the Russian Federation to bolster industrial collaboration in hydrogen fuel technology. In line with their common objective to develop sustainable and reduced or emission-free energy sources, as well as achieve a carbon neutral ...
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