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ABU DHABI / WAM The Abu Dhabi Judicial Department (ADJD) has released a statistical report monitoring the continuity of judicial and legal services with the implementation of the remote working scheme over a period of 11 months. Speaking on the occasion, Youssef Saeed Al Abri, Undersecretary of the ADJD, said the achievements made by ADJD and the qualitative leap in ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 242,159 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Saturday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out necessary treatment. ...

Bloomberg Pakistan Prime Minister Imran Khan won a confidence vote in Parliament, ending a week of political turmoil and giving a boost to his fragile government. Khan got 178 votes from members of his Tehreek-e-Insaf party and allies in the 342-seat lower house National Assembly, proving the majority, Speaker Asad Qaiser said in televised meeting in Islamabad. The army-backed former ...

Bloomberg Spain is considering using part of a planned 11 billion-euro ($13 billion) fiscal package to provide debt relief to companies that have borrowed through the country’s state-backed loan program. The proposal would allow Spanish lenders a degree of flexibility to decide which borrowers should be granted relief, the officials said. Banks would absorb some of the write off and ...

Bloomberg Ireland’s economy expanded in 2020 despite the devastation of the pandemic as surging exports countered a slump in domestic demand. The nation’s GDP grows 3.4% in 2020, the central statistics office said, driven largely by the export sector. The domestic economy, however, struggled. “Today’s figures once again point to the dual economic impact of the pandemic, with domestic activities ...

Bloomberg Canada’s trade sector unexpectedly recorded its largest surplus in more than six years on across-the-board increases in exports. The nation ran a surplus of C$1.4 billion ($1.1 billion) in January from a revised deficit of C$1.98 billion in December, Statistics Canada said in Ottawa. Economists were predicting a gap of C$1.4 billion. It marked the first time Canada has ...

Bloomberg Swedish house prices soared to the highest level ever recorded, as a growing number of people make use of unprecedented central bank stimulus to upgrade into bigger homes. “From a credit perspective, one can only conclude that the market has been gripped by hysteria, which is connected to central banks pumping money into the system,” said Carl Johan Lagercrantz, ...

ABU DHABI / WAM The National Central Cooling Company (Tabreed) and the International Finance Corporation (IFC), a member of the World Bank Group, are planning to establish a district energy investment platform in Singapore. The platform will invest in district cooling, trigeneration and cooling as a service offering with primary focus on India followed by other South East Asian countries. ...

Abu Dhabi / WAM Khalifa Al Qubaisi, Deputy Director General of Abu Dhabi Fund for Development, received at the Fund’s headquarters Zhaslan Madiyev, Deputy Chairman of the Agency for Strategic Planning and Reform of Kazakhstan. The meeting was attended by Rashed Al Kaabi, Director of Investment Department at ADFD, and senior Kazakh government officials. They explored ways to develop the ...

ABU DHABI / WAM Al Etihad Credit Bureau (AECB’s) Credit Reports and Scores will be used by the two largest telecom operators in the UAE, Emirates Telecommunications Group Company – Etisalat and Emirates Integrated Telecommunications Company – du. The operators will put more reliance on AECB’s reports and scores while onboarding postpaid customers and devices’ purchasers in order to assess ...