Dubai / WAM Dubai is seeing growing interest from Zimbabwean agribusiness companies that are keen to leverage the emirate as a strategic hub for boost trade, industry experts said during a webinar. The virtual forum, organised by Dubai Chamber’s representative office in Mozambique in cooperation with DEAT Capital, DP World and Dubai Exports, examined existing trade synergies between the UAE ...
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Expo 2020 dome all red as Hope Probe nears Mars orbit
Dubai / WAM Expo 2020 Dubai will use its cutting-edge projection and display technology to illuminate Al Wasl dome in a rich red hue, to celebrate the UAE’s Hope Probe reaching the Mars orbit on 9th February. As the Emirates’ first mission to Mars enters the Red Planet’s orbit, one of the largest 360-degree projection surfaces in the world will ...
Read More »Breakbulk Middle East to kick off virtually today
Dubai / WAM Breakbulk Middle East (BBME) will host their Digital Special on Tuesday in the midst of high-level officials and professionals from the breakbulk and project cargo industry. The live-in person event is scheduled to be held on February 1-2, 2022. The event will feature discussions on topics of importance like the significant role of women in the industry ...
Read More »Covid-19: UAE reports 3,933 new recoveries
ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 148,587 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Monday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...
Read More »UK sees Myanmar military coup as irreversible, risk of violence rising
Bloomberg The military coup in Myanmar has gone past the point of no return, according to a confidential UK foreign office assessment, in a sign that major democracies expect to have limited ability to influence the events unfolding inside the country. The bleak view from a senior British diplomat concludes the coup is irreversible, and that army chief Min Aung ...
Read More »German finance minister calls for spending boost in chancellor bid
Bloomberg German Finance Minister Olaf Scholz stepped up his bid to return the Social Democrats to the chancellery after Angela Merkel leaves this fall, presenting a fiscally expansive platform to finance a sweeping shift to cleaner energy and better digital infrastructure. Scholz, the SPD’s candidate for chancellor in Germany’s September 26 election, and his party are betting on a spending ...
Read More »UK exports to EU fall by 68% since Brexit
Bloomberg The volume of goods going through British ports to the European Union has fallen by as much as 68% since Brexit, according to the Road Haulage Association, as the UK grapples with its new trading relationship with the bloc. The number of customs brokers need to be increased fivefold to help firms with extra checks, Richard Burnett, chief executive ...
Read More »Most Porsche sales to be electric cars by 2030: Bild
Bloomberg By the end of this decade, more than 80% of all vehicles sold by Dr Ing hcF Porsche AG will be electric, CEO Oliver Blume told Bild am Sonntag in an interview. This will include fully electric and hybrid variants, while Porsche will continue to offer its 911 model with internal combustion engines, albeit able to handle synthetic fuels, ...
Read More »President warns to raise taxes on farm exports in Argentina
Bloomberg President Alberto Fernandez of Argentina, one of the world’s powerhouse food suppliers, is threatening farmers with a tax hike or quota for exports as he seeks relief for families grappling with inflation that’s forecast to reach 47% this year. If the farm industry continues to sell food at home for the same prices at which it exports, the government ...
Read More »US can return to full employment next year: Yellen
Bloomberg Treasury Secretary Janet Yellen said the US can return to full employment in 2022 if it enacts a robust enough coronavirus stimulus package, but otherwise risks a slower rebound in jobs and the economy. “I’m afraid that the job market is stalling,†she said on CBS’s “Face the Nation,†in one of two interviews. Yellen said that low-wage earners, ...
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