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Jobs report latest sign of growing pains for US economy

Bloomberg The US job market is suffering from growing pains as the economy rapidly reopens. While economists are optimistic about future growth, employers are facing hiring challenges as well as supply chain disruptions and higher costs. The jobs report from the Labour Department showed the US added 266,000 jobs in April, far short of the 1 million gain economists had ...

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Dubai’s tourism proposition, initiatives to be showcased

Dubai / WAM The 2021 edition of the Arabian Travel Market will see Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) pull out all stops to ensure that the destination remains in the global spotlight with unique events, projects and initiatives designed to further accelerate tourism momentum in this landmark year for Dubai. Over 70 representatives from government bodies, ...

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UAE sends aid plane to Sierra Leone

Abu Dhabi / WAM The UAE sent a plane carrying 50 metric tons of food supplies to the Republic of Sierra Leone as part of its initiatives during the holy month of Ramadan. Sultan Ali Al Harbi, UAE Ambassador to Senegal and Non-Resident Ambassador to Sierra Leone, said: “The UAE is committed to helping brotherly and friendly countries in all ...

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UAE calls for addressing gaps in access to science and technology at UN

NEW YORK / WAM The United Arab Emirates (UAE) has urged the international community to close the gap on access to science and technology to improve lives across the world. “Science and technology have played a significant role in the last year,” Sarah Al Amiri, Minister of State for Advanced Technologies, said via a video statement at the UN’s sixth ...

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Taqdeer Award to launch excellence cards for labour sector on May 17

DUBAI / WAM Under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, organisers of the Taqdeer Award announced that it will be launching and activating the Excellence Cards for the labour sector, a new initiative that forms part of the emirate’s efforts to enhance the welfare ...

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Scotland’s future casts shadow over Johnson’s election win

Bloomberg Prime Minister Boris Johnson is celebrating triumphant early results in UK elections, but he faces trouble ahead with Scotland cementing support for its independence movement. In a key set of local and national votes, Johnson’s ruling Conservatives tightened their grip on the pro-Brexit former industrial heartlands of northern England. They took the parliamentary seat of Hartlepool, which overwhelmingly backed ...

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Supporting armed forces a strategic priority: President

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has said that supporting and advancing the UAE Armed Forces and defence industries will remain a strategic priority. In a statement to mark the 45th anniversary of the Armed Forces Unification Day, carried by the ‘Nation Shield’ journal, His Highness Sheikh Khalifa bin Zayed paid tribute to ...

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Armed Forces unification a historic achievement: VP

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said that Armed Forces unification was a historic achievement that underscored the perseverance of the Founding Fathers and their determination to advance and establish the Union’s foundations. In a statement to the Nation Shield, the official journal ...

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UAE-CREF awards contract to build clean-energy project in Dominica

Abu Dhabi / WAM The UAE-Caribbean Renewable Energy Fund (UAE-CREF), the largest renewable energy investment of its type in the region, which is fully financed by Abu Dhabi Fund for Development (ADFD), announced the signing of an engineering, procurement and construction (EPC) contract to build a hurricane-resistant clean energy project worth $50 million in Dominica. Masdar, one of the world’s ...

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Replacing coal plants with renewables is cheaper 80% of time

Bloomberg About 80% of US coal plants are now more expensive to keep running than to swap out for new wind and solar capacity, according to a report from Energy Innovation, a non-partisan climate and energy think tank. While renewables cost more than fossil energy for much of the last century, prices for new wind and solar have dropped so ...

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