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DFF report focuses on climate change

DUBAI / WAM The Dubai Future Foundation (DFF) has focused on climate change, one of the defining challenges of our time in its 12th “Life After Covid-19” report. Titled “Life After Covid-19: Climate Change”, the report highlights the transient positive impact this exceptional period has had on lowering greenhouse gas emissions around the world as a result of the decline ...

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RTA opens 740-metre bridge leading to Dubai Creek Harbour

DUBAI / WAM Dubai’s Roads and Transport Authority (RTA) on Saturday opened a flyover leading to the Western entrance of the Dubai Creek – Dubai Creek Harbour; an important phase of the Sheikh Rashid bin Saeed Crossing Improvement Project. The project encompasses the improvement of Nadd Al Hamar Street – Ras Al Khor Road intersection, along with extensive improvements of ...

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UAE sends more medical aid to Iran to fight Covid-19

ABU DHABI / WAM The UAE sent an aid plane carrying 16 metric tons of urgent medical supplies to Iran to bolster the country’s efforts to curb the spread of Covid-19. This aid will assist approximately 16,000 medical professionals as they work to contain the virus. This aid plane is the fourth to be sent by the UAE to Iran ...

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Dubai Economy issues 41,252 e-MOA, addendums

Dubai / WAM The Business Registration & Licensing (BRL), sector in Dubai Economy has issued 41,252 electronic Memorandum of Association (MOA) and e-MOA addendums from January 2019 to end of May this year. This is in line with the Federal Decree-Law No. 7 of 2018 by President His Highness Sheikh Khalifa bin Zayed Al Nahyan amending articles within Federal Law ...

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Nigeria’s NNPC opens to scrutiny

Bloomberg Nigeria’s powerful state oil company, whose finances and operations have been shrouded in secrecy for decades, is opening itself up to greater public scrutiny. The Nigerian National Petroleum Corp (NNPC) published its 2018 annual report, which contained an audited account of all its 20 units for the first time in its 43-year history. The 2019 figures are set to ...

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US imposes visa bans on China officials in salvo on Hong Kong

Bloomberg The US State Department imposed visa bans on Chinese Communist Party officials accused of infringing the freedom of Hong Kong citizens, in what a senior official described as the opening salvo in a campaign to force Beijing to back off from new restrictions on the city. Secretary of State Michael Pompeo said in a statement that he was barring ...

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UK firms are geting ready for a no-deal Brexit as time runs out

Bloomberg However much Prime Minister Boris Johnson says he will be able to arrange a trade deal with the European Union by the year-end, firms in Britain are already bracing themselves for the possibility he won’t. Renold Plc, a Manchester-based maker of vehicle chains and gearboxes, is among them. It’s planning to fast-track deliveries to customers in the coming months ...

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Zuckerberg loses $7b as firms boycott Facebook advts

Bloomberg Mark Zuckerberg just became $7.2 billion poorer after a flurry of companies pulled advertising from Facebook Inc.’s network. Shares of the social media company fell 8.3% last week, the most in three months, after Unilever, one of the world’s largest advertisers, joined other brands in boycotting ads on the social network. Unilever said it would stop spending money with ...

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UK to relax quarantine for travel from France, Spain

Bloomberg Britain said it’s set to relax quarantine requirements for people arriving from countries including France, Greece and Spain. A full list of nations with which the establishment of so-called air bridges will exempt incoming travellers from two weeks of self-isolation will be published next week, the UK government said in a statement. The new regime is be introduced a ...

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Meat shortages reopen costly path to smaller US plants

Bloomberg When coronavirus outbreaks forced shutdowns at America’s giant meat plants, it quickly created a bottleneck: Farmers had nowhere to sell their animals, while consumers faced shortages and surging prices. New, smaller slaughterhouses could be the antidote to industry concentration, but it’s no quick fix. Opening a slaughterhouse has plenty of hurdles. The facilities — where animals are killed, butchered ...

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