Uncategorized

  Dubai / WAM Expo 2020 Dubai has recorded 10,836,389 visits as of January 24, while the virtual visitation reached 72.5 million. The visitors were attracted by the new musical from Indian stars Shekhar Kapur and A.R. Rahman, plus a series of high-profile events as part of the first Global Goals Week to be held outside of the United Nations ...

  Bloomberg Natural gas prices in Europe declined as Russia’s shipments increased and weather forecasts pointed to milder temperatures in the region. Orders to send gas through Ukraine via Velke Kapusany, a major entry point in Slovakia, rose to the highest level since January 1, according to data from operator Eustream. Shipments still remain below normal. Above-average temperatures are expected ...

  Bloomberg A Kremlin spokesman warned that a US move to put as many as 8,500 troops on alert “exacerbates tensions,” as a top White House official said the reinforcements for Nato forces in Eastern Europe are “ready to go at a moment’s notice.” Evidence also emerged that European governments are split on what Russian actions short of a military ...

  Bloomberg UK Chancellor of the Exchequer Rishi Sunak is on track for a windfall of around 13 billion pounds ($17.5 billion) this financial year as borrowing figures for the first nine months came in well below official forecasts, despite a sharp rise in debt interest costs. The budget deficit was 16.8 billion pounds last month, taking the shortfall from ...

  Bloomberg Euro area economic activity increased at its slowest pace in almost a year as infections of the coronavirus’s Omicron strain ripped through the services industry. While supply disruptions eased somewhat for manufacturers, a composite gauge for both sectors falls for a second month, to 52.4 in January from 53.3 in December, according to a survey of purchasing managers ...

  Bloomberg The Port of Los Angeles moved record cargo volumes last year amid an import surge at the U.S.’s biggest container gateway and supply-chain snarls brought on by the pandemic. The West Coast port handled 10.7 million 20-foot container units in 2021, 13% more volume than in 2018, the previous record year, Executive Director Gene Seroka said. US supply ...

  Bloomberg Volkswagen AG is partnering with Robert Bosch GmbH to bolster its automated-driving push and catch up with the likes of Tesla Inc. on software development. VW’s Cariad software unit will work with the world’s largest auto-parts supplier to introduce features allowing drivers to temporarily take their hands off the steering wheel starting in 2023, the companies said on ...

  Abu Dhabi / WAM During its pioneering 50-year journey, Abu Dhabi Fund for Development has worked to support international efforts aimed at achieving sustainable development in the education sector around the world. To date, it has funded 64 educational development projects that serves the educational sector, with a total of AED2 billion invested across 15 developing countries around the ...

  SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) received a Syrian delegation led by Kinan Zahreddine, Syrian Consul-General in Dubai, to discuss enhancing economic relations and increase trade exchange. The meeting also reviewed potential investment opportunities to support economic cooperation and enhance the partnership between businessmen. The delegation was received by Abdullah Sultan Al Owais, Chairman ...

  Dubai / WAM Emirates 2022 World Stamp Exhibition, the first international philatelic exhibition in the region, ended with great success, at the Dubai Exhibition Centre. Coinciding with Expo 2020 Dubai, the event featured more than 175 exhibits from 27 countries in the Middle East, Asia, Africa, Europe, America, and Oceania. The international event was a major step towards increasing ...