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DUBAI / WAM The UAE prioritises the health sector, offers its citizens and residents comprehensive world-class healthcare services, and constantly aims to improve these services. Shakhbout Medical City (SSMC) is a leading health sector development project not only in the country but also in the entire region, providing advanced health and medical services in line with the highest international standards. ...

Bloomberg Germany agreed to compensate Vatenfall, RWE, EnBw and E.ON 2.4 billion euros ($2.9 billion) for losses suffered following the country’s decision to phase out nuclear power after the Fukushima Dai-Ichi meltdowns. The deal ends the decade-long battle between the government and Germany’s biggest energy companies. It comes in an election year when the green credentials of Europe’s largest economy ...

Bloomberg A top Chinese diplomat urged the US to stop “crossing lines and playing with fire” on Taiwan, as part of a broad series of warnings to President Joe Biden against meddling in Beijing’s affairs. Chinese Foreign Minister Wang Yi said at his annual news briefing on Sunday there was “no room for compromise or concessions” in Beijing’s claim to ...

Bloomberg President Joe Biden’s signature $1.9 trillion Covid-19 relief bill passed the Senate 50-49 following a more than 25-hour marathon of amendment votes completed after Democrats settled an intra-party dispute over unemployment aid. The measure, the American Rescue Plan Act, now heads back to the House, where Majority Leader Steny Hoyer said a vote will be held on Tuesday. Although ...

Bloomberg German joblessness unexpectedly rises for the first time in eight months, adding to strains Europe’s largest economy is facing due to the protracted coronavirus lockdowns. The rise of 9,000 put the total number of unemployed people at 2.75 million and the rate at 6%, according to the Federal Labour Agency. Economists surveyed by Bloomberg had expected a drop of ...

Bloomberg A decision by the government of Italian Prime Minister Mario Draghi to recruit consulting firm McKinsey & Co. for help with the European Union’s recovery package has prompted disquiet within his coalition. The company will advise the finance ministry and help to accelerate the drafting of Italy’s plan to spend its 209 billion-euro ($250 billion) share of the EU ...

Bloomberg Canada is a step closer to building a nationwide marketplace to trade carbon credits as part of the Trudeau government’s bid to curb greenhouse gas emissions in the country. The federal government released draft regulations that will create a domestic market for trading carbon credits. The move will allow companies in industries such as agriculture and forestry to voluntarily ...

Dubai / WAM Over 16,000 new member companies joined Dubai Chamber of Commerce and Industry in 2020 as the organisation responded to new challenges and adapted its services and offerings to meet the changing needs of the business community. In 2020, Dubai Chamber saw the return on its investment in digital transformation over the years. The Chamber was digitally prepared ...

Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has completed the construction of two model bus stations at Oud Metha and Al Satwa. The stations feature unique designs that form a blend of creative and practical solutions to engineering designs, along with introducing a new concept of mass transit. “The construction of stations for public bus riders complements RTA’s ...

DUBAI / WAM The UAE’s Ministry of Industry and Advanced Technology (MoIAT) and Spain’s Ministry of Science and Innovation (MSI) signed a Memorandum of Understanding (MoU) that will see them develop an advanced technology framework over the next three years. The framework aims to foster bilateral collaboration in the areas of technological advancement, technology transfers and the deployment of key ...