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  Dubai / WAM DMCC, a free zone and Government of Dubai Authority on commodities trade and enterprise, has announced the completion of a range of enhancements made to Jumeirah Lakes Towers (JLT) throughout 2021 and further upgrades in 2022 to augment the district and improve the public areas across the community. Projects include improved infrastructure by constructing a new ...

  Bloomberg High seaborne prices for coal will push India to lift domestic supplies and accelerate efforts to curb imports, according to a top government official. The country’s miners, including state-run Coal India Ltd., are preparing to meet the entire coal demand from grid-connected power plants in the fiscal year starting in April, federal Coal Secretary Anil Kumar Jain said ...

  Bloomberg Talks this week on Moscow’s demands for security guarantees from the US and its allies are at “a dead end,” a senior Russian diplomat said, stepping up the pressure on the West even as he and other officials held out the prospect of more diplomacy to ease tensions. “The US and its allies in effect are telling us ...

  Bloomberg US consumer prices soared last year by the most in nearly four decades, illustrating red-hot inflation that sets the stage for the start of Federal Reserve interest-rate hikes as soon as March. The consumer price index climbed 7% in 2021, the largest 12-month gain since June 1982, according to Labour Department data. The widely followed inflation gauge rose ...

  Bloomberg Britain’s poorest households are facing a 3 billion pound ($4.1 billion) squeeze on living standards in April when their benefits will rise by half the expected rate of inflation, the Institute for Fiscal Studies said. To protect those on low incomes from the looming spike in energy in bills, the government should change this year’s benefit uprating to ...

  Bloomberg Italy’s government is working on a spending package that won’t require revising its budget to expand the deficit. The measures could be announced as early as next week and would bring targeted relief to sectors hit by the surge in Covid-19 infections, such as tourism, the people said, asking not to be named discussing confidential plans. The package ...

  Bloomberg Tesla Inc agreed to purchase nickel supplies from miner Talon Metals Corp. as an expected surge in demand spurs automakers to secure access to battery metals and other electric-car parts. Tesla committed to purchase 75,000 metric tons of nickel concentrates produced from Talon’s Tamarack project, with the price linked to the London Metal Exchange’s cash-settlement price for nickel, ...

  Abu Dhabi / WAM After a one-year hiatus, Leaders Sport Business Summit Abu Dhabi, in partnership with Abu Dhabi Sports Council (ADSC), returns to the world-renowned Yas Marina Circuit on March 16-17. Leaders will host two days of exclusive insight led content from leading global sports organisations and local entities. Over 400 industry leaders from every corner of the ...

  ABU DHABI / WAM Abu Dhabi University (ADU) has been recognised for its excellence in online learning, earning the highest rating of 5 stars by the prestigious Quacquarelli Symonds – QS Stars Rating for 2021. The ADU has achieved an outstanding overall score of 95 percent in the Online Learning category. It earned a full score in student-faculty engagement, ...

  ABU DHABI / WAM The Zayed Higher Organisation for People of Determination (ZHO) and ADQ, an Abu Dhabi-based investment and holding company, on Wednesday announced the launch of the ‘Bridges of Hope’ programme to support people of determination in Egypt. The joint initiative is in cooperation with the Egyptian Ministry of Youth and Sports (MOYS), which oversees the Office ...