Bloomberg The European Union (EU) took advantage of high demand for its social bonds to accelerate funding for a regional jobs program. The bloc pulled in above 96.5 billion euros of orders for a 13-billion-euro offering of five-year and 25-year notes. This syndication is the second in March and will mean the EU is three-quarters of the way through funding ...
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Bloomberg German Chancellor Angela Merkel’s cabinet approved the government’s budget plans for this year and next, including an extra 60 billion euros ($71 billion) in net debt for 2021 to help offset the impact of the coronavirus. The additional borrowing this year takes the total to more than 240 billion euros, as Germany spends freely to support businesses affected by ...
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Dubai / WAM Dubai managed to place itself within the top 10 or 20 cities globally in more than 100 indicators related to safety and security in several internationally renowned competitiveness reports, according to a policy brief released by the Dubai Competitiveness Office in Dubai Economy. The policy brief, titled ‘Safety and Security Competitiveness in Dubai: Why Dubai is ranked ...
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DUBAI / WAM EZDubai, a fully dedicated e-commerce free zone strategically located in the heart of Dubai South’s Logistics District, has welcomed UDA Express, one of the largest express companies in China, that will be expanding its operations in the region by benefitting from EZDubai’s e-commerce, logistics facilities, bespoke business solutions, and reach to the high-growth markets of the Middle ...
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Abu Dhabi / WAM Mohammed Thani Al Rumaithi, Chairman of the Abu Dhabi Chamber of Commerce and Industry, discussed with Nguyen Manh Tuan, Ambassador of Vietnam to UAE, the means of strengthening trade and investment relations between Abu Dhabi and Vietnam. This came during a meeting both sides held at the chamber’s tower in Abu Dhabi, which was attended by ...
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Abu Dhabi / WAM Miral, Abu Dhabi’s leading curator of magnetic experiences, announced on Tuesday that Yas Island is on track to become a fully contactless destination through the adoption of FacePass. This cutting-edge contactless technology is part of Miral’s digital transformation strategy for Yas Island. Rolled out in phases across the island, it will streamline guest experiences using facial ...
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Bloomberg This week Joe Biden made good on his campaign promise to work more with allies to pressure China, coordinating with US partners to impose sanctions over alleged human-rights abuses in Xinjiang. Beijing’s response: Hit back at the allies as hard as possible. China wasted no time immediately retaliating with reciprocal sanctions against European Union officials while summoning the bloc’s ...
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Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, launched the Industrial Strategy “Operation 300bn”. The 10-year comprehensive strategy aims to empower and expand the industrial sector to become the driving force of a sustainable national economy, increasing its contribution to the GDP from the current ...
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Dubai / WAM Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the World Government Summit has launched an exceptional edition of the Best Minister Award in the world, to honour leading figures who have made distinguished achievements serving humanity in facing the difficult global ...
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Dubai / WAM To boost the momentum of climate action in the Middle East and North Africa (Mena) region and support the shift towards a new model for sustainable growth, the UAE will host the Mena Climate Week 2022, the first event of its kind in the Mena region. Set to take place on March 2-3, 2022, on the sidelines ...
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