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Dubai / WAM The conservation programmes and initiatives launched by the Dubai Electricity and Water Authority (Dewa) have achieved cumulative savings of 2.2 terrawatt hours (TWh), of electricity and 7.8 billion gallons of water between 2009 and 2019. The results are the equivalent of AED1.3 billion in savings and a reduction of 1.136 million tonnes of carbon emissions. Between 2009 ...

Bloomberg Data on China’s industrial output, investment and retail sales due on Monday are forecast to show an across-the-board contraction for the first time on record, evidence of the extent to which the coronavirus has ravaged the economy. The data is released on a combined basis to account for the normal seasonal swings around the Lunar New Year holiday. The ...

Bloomberg Metro Manila, a region of 12 million people, entered a month-long lockdown on Sunday as Philippine President Rodrigo Duterte considers a plan to impose a curfew on the area to try and contain the coronavirus outbreak. Hours after Metropolitan Manila Development Authority General Manager Jose Arturo Garcia Jr. said that a 8 pm to 5 am curfew will be ...

Bloomberg Italian unions and business representatives signed an accord to protect workers nationwide from the spread of the coronavirus in a bid to keep at least some production up and running. “It is a primary objective to combine the continuation of production activities with the guarantee of conditions of health and safety in the workplace and working methods,” according to ...

Bloomberg Austria is setting aside 4 billion euros ($4.4 billion) in liquidity and subsidies to support the economy against the impact of the coronavirus, Chancellor Sebastian Kurz told journalists. The measures will offer liquidity by way of loans and loan guarantees as well as tax deferrals, a new model for labour subsidies for companies that have to reduce working hours, ...

Bloomberg It’s truly the end of the old Microsoft Corp. Co-founder and original Chief Executive Officer Bill Gates, the man most closely identified with the world’s largest software maker, said he will leave the company’s board to devote more time to his charitable foundation, which is playing a key role in global health initiatives and expanding into new areas like ...

Bloomberg President Donald Trump has tested negative for the novel coronavirus, according to a memorandum released by the president’s physician. “One week after having dinner with the Brazilian delegation in Mar-a-Lago, the President remains symptom-free,” Dr Sean Conley said in the memo. “We are encouraging the implementation of all their best practices for exposure reduction and transmission mitigation,” Conley said. ...

ABU DHABI / WAM In line with precautionary measures to ensure the health and safety of visitors, the Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, has decided to temporarily close cultural sites in the emirate, starting from Sunday March 15 until March 31. The Department said in a statement” “Abu Dhabi’s main tourist attractions, theme parks ...

ABU DHABI / WAM The Central Bank of the UAE (CBUAE), launched an AED100 billion comprehensive targeted economic support scheme for retail and corporate customers affected by Covid-19. These measures will enter into force with immediate effect, according to a CBUAE statement issued on Saturday. “Given that the World Health Organisation has declared Covid-19 virus as a global pandemic, the ...

DUBAI / WAM The UAE government will be activating remote work for a segment of federal government employees, effective from March 15 to March 26, and subject to renewal. The decision comes as a precautionary measure to the novel coronavirus and to safeguard the wellbeing of the community. Employees will be able to utilise the government’s technological systems and platforms ...