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Bloomberg Brexit drove the second-biggest jump in UK delivery times in at least 30 years this month, adding to Britain’s economic woes as Covid shut down services. IHS Markit said that UK output falls at the quickest rate since May, hurt by additional red tape from leaving the European Union single market and a severe lockdown at home. That followed ...

Sharjah / WAM The Year 2020 was arguably one of the most challenging years in human history. The onset of Covid-19 strapped the global economy on a roller-coaster ride, affecting both lives and livelihoods of people worldwide. On the business side particularly, the pandemic has revealed the resilience of cities like Sharjah, which continued to grow amid crisis by allowing ...

HARGEISA / WAM A delegation from the Khalifa bin Zayed Al Nahyan Foundation has opened a kidney dialysis centre in the Republic of Somaliland for the benefit of more than 30 patients per day. The move comes in line with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and the support of His Highness Sheikh Mohamed ...

ABU DHABI / WAM Masdar and HSBC launched an exclusive four-part virtual boardroom series for executives leading urban developments in Latin America (Latam), Middle East, North Africa and Turkey (Menat), Asia-Pacific ASP and North America. The first session of the invite-only series took place during Abu Dhabi Sustainability Week 2021, the global platform for accelerating sustainable development, hosted by Masdar. ...

Abu Dhabi / WAM Organised by the Emirates Falconers’ Club under the patronage of HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, and Chairman of the Emirates Falconers’ Club, the 18th edition of Abu Dhabi International Hunting and Equestrian Exhibition (Adihex 2021) will be held from September 27 to October 3 at the Abu Dhabi ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced on Saturday that it conducted 174,172 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, 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 President Joe Biden spoke with the leaders of Canada and Mexico, his first calls with foreign counterparts since his inauguration this week. In a nod to continental cooperation, Biden’s first conversation was with Canadian Prime Minister Justin Trudeau and then Mexican President Andres Manuel Lopez Obrador. The White House, in a statement, said Biden underscored to Trudeau “the strategic ...

Bloomberg The UK is still in the grip of the coronavirus crisis, but political speculation is already rife on how the country will manage the ballooning debt it has run up to fight the pandemic. With the nation still fresh from almost a decade of austerity, there’s little appetite for spending cuts to shrink a deficit on course to reach ...

Bloomberg New-home sales in London are plummeting as lockdowns hurt demand and investors hold back from building apartments. Sales of newly built homes totaled 4,190 in the fourth quarter, down 27% from a year earlier, according to preliminary data compiled by researcher Molior London. The figures are based on transactions at developments with at least 20 units, which are predominantly ...

Bloomberg The European Union (EU), set to become one of the largest issuers of green and sustainable bonds, will sell debt for the first time in 2021 off the back of record-breaking demand last year. The bloc will likely issue 14 billion euros ($17 billion) of seven-year and 30-year social bonds for a job support program in the coming week. ...