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Dubai / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, stressed that the Expo 2020 Dubai will be a global platform for foreseeing a future full of opportunities for generations to come. The UAE, which has a unique international developmental legacy established by the late Founding Father, Sheikh Zayed bin Sultan Al ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa) has completed 84.52 percent of the 829 megawatts (MW) 4th phase of the H-Station power plant in Al Aweer with investments totalling AED1.1 billion. This phase will increase the station’s total capacity to 2,825MW under climate conditions of up to 50 degrees Celsius. The project is expected to be operational by ...

ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic), a leading regional multi-line insurance provider for both corporate and individual customers, has partnered with Ajman Free Zone (AFZ) to provide health insurance plans for registered investors and entities. The agreement was signed by Alya Al Tamimi, Vice President – Branches and Direct Sales of Adnic and Ali AlSuwaidi, Director-General ...

Abu Dhabi / WAM The Media Regulatory Office of the Ministry of Culture and Youth on Wednesday announced a decision to resume the distribution of newspapers and magazines across the UAE’s public places, provided it is done in full compliance with precautionary and preventative measures regarding Covid-19. The decision follows a series of meetings held by the office with major ...

Dubai / WAM Dubai Chamber of Commerce and Industry’s international offices recently organised a webinar in cooperation with UAE homegrown marketplace on-demand delivery app InstaShop, which identified new business opportunities opening up within the UAE’s food e-commerce sector that companies in emerging markets can capitalise on. The webinar, titled Food E-commerce Awareness Webinar, attracted 84 participants from 33 countries, representing ...

Bloomberg China’s top economic planning body has been put in charge of devising a plan for the world’s biggest polluter to cut greenhouse gas emissions, indicating that climate policies are gaining a more central role in the nation’s long-term development strategy. The country’s top officials told the National Development and Reform Commission (NDRC) a few months ago to lead the ...

Bloomberg The US appointed a new top representative to Taiwan, in the Biden administration’s latest move to strengthen ties with Taipei amid increasing pressure from Beijing. Sandra Oudkirk is the incoming director of the American Institute in Taiwan’s Taipei office, the de facto US ambassador in the absence of official ties, succeeding Brent Christensen later this summer, the institute said ...

Bloomberg The UK faces three potentially catastrophic risks to its public finances, the government’s budget watchdog said, underlining the challenge confronting Chancellor of the Exchequer Rishi Sunak to restore fiscal restraint. Unfunded pressures on government departments total some 30 billion pounds ($42 billion) over the next three years as a result of the pandemic, the Office for Budget Responsibility (OBR) ...

Bloomberg Canadians are entering the second half of the year more confident about their economic prospects than they’ve ever been. Consumer sentiment marched higher to a new record last week, according to polling by Nanos Research Group for Bloomberg News, driven by optimism about the outlook for the economy and growing job security. The numbers will stoke confidence among economists ...

Bloomberg President Joe Biden’s pledge to refrain from pursuing new trade deals is leaving a key training and assistance program for workers, who the administration says are at the center of its agenda, without a clear path for renewal. Biden on July 1 officially lost Trade Promotion Authority, or TPA — the fast-track deal-making ability Congress delegates to a president ...