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DMT adds 13 new services to its Smarthub digital platform

ABU DHABI / WAM Department of Municipalities and Transport (DMT) has announced the introduction of 13 new services to its SmartHub digital platform, as part of its ongoing efforts to boost Abu Dhabi’s position in the global smart cities’ rankings. The 13 services fall under the vision of the Emirate’s wise leadership and Abu Dhabi government’s strategy to upgrade work ...

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Khidmah sees rise in demand for disinfection services across UAE

Abu Dhabi / WAM Since March this year, facilities management and maintenance company (Khidmah) completed numerous disinfection and sanitisation missions across residential and commercial units in the UAE. The company said in a statement that there has been a significant increase in demand for the services as companies prepare to reopen again in the near future and want to ensure ...

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UAE Mission, Irena to co-host ‘renewables talks’

ABU DHABI / WAM The International Renewable Energy Agency (Irena), and the UAE Mission will co-host the agency’s members for the first of its quarterly “Renewables Talks” on May 13, in a virtual webinar. Set to be hosted every three months throughout the year, the first Renewables Talks will assemble Irena’s Permanent Representatives and the broader diplomatic community to discuss ...

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Ramadan media forum reviews post-coronavirus strategies

ABU DHABI / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State, Chairman of the National Media Council (NMC), has stated that the media sector in the UAE is resilient enough to respond to the fallout of the Covid-19 pandemic and turn challenges to opportunities to reshape and implement pace-setting strategies that can be relied upon in the ...

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Oil inventories in China shrink after rising to record levels

Bloomberg The great oil glut of 2020 may have already peaked in the world’s biggest crude importer. Crude inventories in China have shrunk in recent weeks after rising to record levels, according to analysts and satellite observations. Supplies have been drawn out of storage as refineries ramp up operations to meet rising demand from an economy emerging from lockdown. Inventories ...

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UK’s Johnson faces pushback over back-to-work proposal

Bloomberg Boris Johnson was expected to flesh out his plan for lifting the UK lockdown in Parliament as he seeks to get more people back to work, even as resistance from politicians and labour unions laid bare the hurdles facing the government as it tries to kickstart the economy. In a televised address to the nation, Johnson announced the “first ...

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WHO scolds Belarus for military parade

Bloomberg The rapid spread of coronavirus in Belarus made it unjustifiable to organise the kind of mass gatherings that were held over the weekend, the World Health Organization (WHO) said. A military parade commemorating the 75th anniversary of the victory in World War II created an additional risk of infection which may “eventually lead to losses of human lives that ...

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Trump’s economic team braces for worsening job market in May

Bloomberg President Donald Trump’s top economic advisers had argued that a “safe” reopening of the US is the needed urgently as they stare down the worst job numbers since the Great Depression. Meanwhile, although Trump has said he’s in no rush to enact another round of economic stimulus, the economic team said informal discussions are under way with members of ...

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Argentina plans to extend debt deadline until May 22

Bloomberg Argentina extended the deadline to its debt offer to May 22, the government said in a resolution published in the Official Gazette on Monday. The previous deadline was May 8 and the extension means results will now be announced on May 25 and liquidated on May 27, according to the resolution. Bloomberg reported the plans to prolong the deadline ...

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ECB heads for more stimulus as courts spar over limits

Bloomberg In the middle of a spat between Europe’s top courts over the limits of European Central Bank (ECB) monetary stimulus, President Christine Lagarde is probably preparing to do even more. A lawyer herself, Lagarde says her institution is “undeterred” by a legal tussle over its 2.7 trillion-euro ($2.9 trillion) asset-purchase program, and will do what’s needed to carry the ...

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