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World Bank urges G-20 to extend debt suspension

Bloomberg World Bank President David Malpass called on Group of 20 leading economies to extend the current suspension of debt repayments by the poorest countries through the end of 2021 and broaden the scope to deal with the global pandemic. The virus and worldwide recession will lead to rising poverty in impoverished nations and debt burdens for some countries are ...

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UAE, China set to step up trade in transition to digital economy

Dubai / WAM Bilateral trade between the UAE and China will continue to surge in the coming years due to the strong trade relations and people-to-people synergies between the two countries as they transition to the digital economy. High-level panelists at the first China-UAE Economic and Trade Digital Expo, hosted by the UAE’s Ministry of Economy and China Council for ...

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Sewa joins membership of Sigri

SHARJAH / WAM Sharjah Electricity and Water Authority (Sewa) joined the membership of the International Organisation for Electrical Energy Systems (Sigri) which was founded in 1921 in the French capital Paris, and is concerned with energy affairs of production, transport and distribution, aiming to improve the future of networks. The membership will contribute to enhancing participation and knowledge exchange among ...

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