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ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 148,587 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Monday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...

Bloomberg The military coup in Myanmar has gone past the point of no return, according to a confidential UK foreign office assessment, in a sign that major democracies expect to have limited ability to influence the events unfolding inside the country. The bleak view from a senior British diplomat concludes the coup is irreversible, and that army chief Min Aung ...

Bloomberg German Finance Minister Olaf Scholz stepped up his bid to return the Social Democrats to the chancellery after Angela Merkel leaves this fall, presenting a fiscally expansive platform to finance a sweeping shift to cleaner energy and better digital infrastructure. Scholz, the SPD’s candidate for chancellor in Germany’s September 26 election, and his party are betting on a spending ...

Bloomberg The volume of goods going through British ports to the European Union has fallen by as much as 68% since Brexit, according to the Road Haulage Association, as the UK grapples with its new trading relationship with the bloc. The number of customs brokers need to be increased fivefold to help firms with extra checks, Richard Burnett, chief executive ...

Bloomberg By the end of this decade, more than 80% of all vehicles sold by Dr Ing hcF Porsche AG will be electric, CEO Oliver Blume told Bild am Sonntag in an interview. This will include fully electric and hybrid variants, while Porsche will continue to offer its 911 model with internal combustion engines, albeit able to handle synthetic fuels, ...

Bloomberg President Alberto Fernandez of Argentina, one of the world’s powerhouse food suppliers, is threatening farmers with a tax hike or quota for exports as he seeks relief for families grappling with inflation that’s forecast to reach 47% this year. If the farm industry continues to sell food at home for the same prices at which it exports, the government ...

Bloomberg Treasury Secretary Janet Yellen said the US can return to full employment in 2022 if it enacts a robust enough coronavirus stimulus package, but otherwise risks a slower rebound in jobs and the economy. “I’m afraid that the job market is stalling,” she said on CBS’s “Face the Nation,” in one of two interviews. Yellen said that low-wage earners, ...

Sharjah / WAM German investors received a crash course in the investment opportunities abounding in Sharjah’s emerging industries at a high-profile business webinar organised by the Sharjah FDI Office (Invest in Sharjah), which operates under the Sharjah Investment and Development Authority (Shurooq). Highlighting Sharjah’s advantages in providing an impressive growth and expansion platform for German companies in a wide range ...

Abu Dhabi / WAM The Abu Dhabi Emergency, Crisis and Disasters Committee has approved capping operating capacity of commercial, economic and tourism activities, effective 7th February, to bolster precautionary measures implemented to curb the spread of Covid-19. The committee approved capping operating capacity of shopping malls to 40%, gyms, private beaches and swimming pools to 50%, restaurants, coffee shops, hotels, ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa) registered a new patent for its Hydronet project, adding to its track record of achievements. The Hydronet project uses artificial intelligence (AI) and deep learning to monitor and control the water network in Dubai remotely. The project can be integrated with any SCADA system and provide real-time insights on the current ...