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Bloomberg Promotions on foods high in fat, salt and sugar will be restricted in supermarkets and soft drink refills banned in England from April as part of a drive to cut obesity. Large and medium-sized retailers will no longer be allowed to offer “buy one get one free” or “three for the price of two” deals on unhealthy products, the ...

Bloomberg In a challenging year for Chinese companies pursuing acquisitions abroad, Latin America emerged as a region where they were able to make some corporate marriages work. Overseas acquisitions by Chinese firms are heading for their fourth consecutive yearly decline, with a $31.1 billion tally that’s the lowest since 2007, according to data compiled by Bloomberg. Transactions targeting Latin America ...

ABU DHABI / WAM Abu Dhabi Global Market (ADGM), the award-winning international financial centre, marked a record year of growth in 2020, with significant achievements across core areas of fintech, regulation, sustainable finance and arbitration. Despite the impact of the Covid-19 pandemic, ADGM continued to post steady growth across its three authorities, the ADGM Financial Services Regulatory Authority (FSRA), the ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) runs its projects according to the highest international standards as it works to become a globally leading sustainable innovative corporation. It also considers achieving the environmental, social and economic aspects of sustainability. “Dewa is committed to providing safe, sustainable, and reliable electricity and water supplies. This is being done by increasing ...

Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) hosted its first ever virtual roadshow in China, connecting more than 100 Chinese tour operators and travel agencies with 37 of its partners and stakeholders, including Destination Management Companies (DMCs) from across the emirate, representatives from Etihad Airways, Yas island, and emirate’s hotels and ...

AL AIN / WAM A research team from the United Arab Emirates University (UAEU) was able to accomplish a qualitative research project to extract the largest possible quantity of date seeds’ oils for the biofuel industry. The project was completed within two years at a cost of one million dirhams, and it is published in top ranked journals. Commenting on ...

Bloomberg Venezuela’s opposition-dominated National Assembly voted to continue meeting beyond its five-year term that ends on January 5, giving the nation two competing legislative bodies after members boycotted the congressional election pushed by autocrat Nicolas Maduro. The move paves the way for opposition leader Juan Guaido to remain as the “president in charge,” though lawmakers voted to impose more checks ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, received, on behalf of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, an official invitation letter to the 41st Gulf Cooperation Council (GCC) Summit, set to be held in Riyadh, Saudi Arabia, on January 5, 2021. ...

DUBAI / WAM The Ministry of Education is set to launch a virtual programme titled ‘Change Makers’ programme in partnership with EDGE Co. on December 27. The programme, which targets university students in UAE universities, is a series of specialised training programmes aimed at developing skills and enhancing knowledge. Aimed at spreading research and innovation updates in sustainability, diplomacy, technology, ...

Sharjah / WAM Sharjah Charity International (SCI) has announced the launch of its seasonal campaign “Warm Winter”, which is concerned with distributing in-kind aid such as clothes, blankets and heating material to families and the needy to protect them from the winter. The campaign is in coordination with the country’s embassies and their representatives in these countries and through the ...