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UAE embassy distributes 10,000 food parcels in Lebanon

ABU DHABI / WAM The UAE embassy in Beirut, in cooperation with the Zayed Charitable and Humanitarian Foundation, has launched an initiative aimed at distributing 10,000 food parcels and 60 wheelchairs in Lebanon. The initiative is in cooperation with civil society organisations registered with the Lebanese Ministry of Interior, municipalities, and care homes for elderly people. The gesture is part ...

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Oil’s slump deepens as new virus strain threatens demand

Bloomberg Oil extended this week’s slump on fears that rising virus infections and a faster-spreading strain will inflict a new blow on fuel consumption. Futures are down more than 3% in New York. Many countries have suspended travel with the UK, where a new Covid-19 variant is forcing more than 16 million people to stay at home. A resurgence of ...

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EGA, Inalum ink deal for smelter upgrade

JAKARTA / WAM Emirates Global Aluminium (EGA) has signed a series of agreements with PT Indonesia Asahan Aluminium (Inalum) to provide technological know-how to upgrade the Indonesian company’s aluminium smelter in North Sumatra. The signing was part of Indonesia UAE Week, organised by the two countries’ embassies to further deepen economic ties between the UAE and Indonesia. EGA will provide ...

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