Uncategorized

UK car sales stumble in August

Bloomberg UK car sales declined in August, denting hopes of a recovery in the industry from a coronavirus-driven sales slump. Vehicle registrations dropped 5.8% to 87,226 vehicles, according to the Society of Motor Manufacturers and Traders. July brought the UK’s first monthly gain in car sales of 2020, providing some relief as the industry cuts jobs and capacity to weather ...

Read More »

California avoids blackouts, braces for another day of heat

Bloomberg California narrowly averted another round of rotating blackouts after officials made desperate pleas to conserve power as reserves falls below critical levels during a record breaking heat wave. The state’s grid operator gave the all-clear signal shortly before 9 pm local time as temperatures fall after sundown. Earlier in the evening, officials declared a stage-two grid emergency — one ...

Read More »

ERC inspects work progress of Comoros development projects

Abu Dhabi / WAM A delegation from the Emirates Red Crescent (ERC) currently visiting the Comoros Islands, has inspected the work progress on several development projects, which are being implemented to support the health and education sectors. The visit is part of ERC’s ongoing initiatives in the development and reconstruction of Comoros, and to foster the UAE’s efforts to rehabilitate ...

Read More »

Covid-19: UAE flies second batch of medical aid to Syria

DAMASCUS / WAM Damascus received the second batch of medical aid sent by the UAE to help reduce the spread of the Covid-19 pandemic and support the Syrian medical sector in coordination with the Syrian Arab Red Crescent. A medical aid aircraft dispatched by the Emirates Red Crescent (ERC) arrived in Damascus, carrying 25 tonnes of medications and medical supplies ...

Read More »

Amman to rejoin Emirates network from September 8

Dubai / WAM Emirates has announced it will resume passenger services to Amman, Jordan from September 8. The resumption of flights to the Jordanian capital takes the number of destinations Emirates serves in the Gulf and Middle East to eight cities, as the airline gradually resumes operations with the safety of its customers, crew and communities as its top priority. ...

Read More »

Russia sees oil prices at $50-55 a barrel next year

Bloomberg Russia sees oil prices averaging $50 to $55 a barrel in 2021 as the development of Covid-19 vaccines spurs an economic recovery, said Energy Minister Alexander Novak. That would be an improvement from this year and enough to cover Russia’s budget, but still well below pre-pandemic levels and too low for many of Moscow’s OPEC+ allies. “Globally, big work ...

Read More »

Former FBI agent calls Trump ‘clear and present danger’ to US

Bloomberg Peter Strzok, the former FBI agent who started the 2016 probe into Russian election interference, says President Donald Trump remains a “clear and present danger” to US national security after being compromised by personal and financial dealings with Russia. In a new book, “Compromised: Counterintelligence and the Threat of Donald J Trump,” Strzok says that senior FBI officials were ...

Read More »

Jafza signs deal to extend its expertise beyond Jebel Ali

Dubai / WAM The Jebel Ali Free Zone (Jafza) agreed to extend its expertise in licensing, visas and other related activities to Gold & Diamond Park, a free zone developed by Emaar Malls Group, a shopping destination developer. The regulatory services will be provided as part of the agreement signed by Mohammed Al Muallem, CEO and Managing Director of DP ...

Read More »

Digital cash platform to transform UAE’s financial landscape

Abu Dhabi / WAM Emirates Digital Wallet LLC on Wednesday announced its first major step towards eliminating the use of physical cash, as klip, the UAE’s Digital Cash Platform, enters its final round of testing. The nationwide initiative — jointly set up by 15 of the UAE’s leading national banks — aims to drive digital transformation across the UAE economy ...

Read More »

Khalifa Foundation sends urgent relief to flood-hit Pakistan

Abu Dhabi / WAM The Khalifa bin Zayed Al Nahyan Foundation has sent urgent aid to those affected by floods in southern Pakistan. The Khalifa Foundation’s relief team distributed supplies including medicines, tents, blankets and baby formula to some 75,000 people in the southern regions of Sindh. The assistance is in continuation of the Foundation’s relief and development initiatives in ...

Read More »
Send this to a friend