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Bloomberg The UK officially put the military on standby to help deliver supplies to gasoline stations in an effort to stem a crisis that’s engulfed Prime Minister Boris Johnson’s government. A “limited number” of army tanker drivers will be trained up in case they’re needed, the Department for Business, Energy and Industrial Strategy said. Non-military holders of specialized licenses that ...

Bloomberg US household net worth surged to a fresh record in the second quarter as Americans enjoyed an ebullient stock market and largest-ever increase in value of their real estate holdings. Household net worth increased by $5.8 trillion, or 4.3%, to $141.7 trillion in the second quarter, a Federal Reserve report showed. The advance included a $3.5 trillion gain in ...

Abu Dhabi / WAM Miral, Abu Dhabi’s leading creator of magnetic experiences, announced on Monday the launch of its Decision Analytics strategy; the Noor Initiative. The all-new and bold strategy is in line with Miral’s digital transformation strategy for Yas Island, and part of its ambition to become the region’s most dynamic and influential leisure and entertainment developer by 2025. ...

Dubai / WAM The United Arab Emirates has strongly condemned the Houthi terrorist militias’ attempt to attack civilians and civilian buildings in Saudi Arabia with an explosive drone, which was intercepted by the Coalition Forces. In a statement by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the UAE reiterated that the continuation of systematic terror attacks by the ...

Dubai / WAM With Expo 2020 Dubai around the corner, Dubai Customs announced they completed 1,432 customs declarations for Expo goods, with 12,600 tonnes of goods, that has a value of AED948 million, cleared especially for the grand event. Dubai Customs revealed the facilities and preferential services it dedicates to exhibitors and visitors of Expo 2020 Dubai, which kicks off ...

Dubai / WAM EZDubai, the fully dedicated e-commerce free zone strategically located in the heart of Dubai South’s Logistics District, has announced that four new facilities of 270,000 square feet are currently under construction. Preparing for demand in the future, the four facilities are under development to complement the 1,300,000 square feet already developed and handed over. The announcement comes ...

Abu Dhabi / WAM Abu Dhabi has significantly expanded its eco-tourism offerings with the announcement that new marine protected sites across the emirate have now been made accessible to the public. The newly unveiled areas will give residents and visitors a host of new options for exploring the emirate’s coastline and waterways, with the initiative also supporting the emirate’s maritime ...

Bloomberg The ride-hailing unit of Zhejiang Geely Holding Group Co, which raised almost $600 million earlier this month, is already in talks with investors for another funding round as it seeks to make ground on dominant market leader Didi Chuxing Inc. The next round of fundraising may be completed in the first half of 2022, Cao Cao Mobility Chief Executive ...

Bloomberg Indian Prime Minister Narendra Modi launched a program that will create a unique digital health identity for over 1.3 billion people and allow them to access their records online, part of an effort to enhance efficiency in a healthcare system constrained by the pandemic. The Ayushman Bharat Digital Mission, unveiled on Monday, aims to create digital health infrastructure to ...

Bloomberg Ninja Van, a Singaporean logistics startup, raised $578 million from investors including Chinese e-commerce giant Alibaba Group Holding Ltd in a series E round. Existing investors B Capital Group, the venture capital firm set up by Facebook Inc co-founder Eduardo Saverin and Raj Ganguly, a former executive at Bain Capital, and European parcel delivery company Geopost/DPDgroup, also participated in ...