Abu Dhabi / WAM Abu Dhabi University (ADU) launched a new initiative, in collaboration with Emirates Red Crescent (ERC) Lulu Group International and PepsiCo, to provide relief for Sudanese families impacted by recent heavy floods. The initiative, titled “For Sudan”, aims to collect both monetary and in-kind donations which will be sent to affected Sudanese families. “For Sudan” will be ...

Sharjah / WAM The Emergency, Crisis and Disaster Management Team in Sharjah has approved a host of precautionary measures ahead of the resumption of activities at the iconic Expo Centre Sharjah. The landmark venue, which is a popular destination for high-profile government events, commercial exhibitions, business events and conferences in the country will reopen with all the necessary precautionary measures ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) on Monday said it carried out over 72,388 additional Covid-19 tests in the country over the last 24 hours, using the latest testing methods. The ministry said in a statement that the intense testing drive uncovered 679 new cases from various nationalities, who are all in stable condition and ...

Dubai / WAM DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has completed a real estate transaction comprised of a single plot of land sale with a self-storage facility on it to Musharaka REIT Fund, Musharaka Capital as fund Manager for Musharaka REIT is the representative of the Fund, for ...

Bloomberg LafargeHolcim Ltd, the world’s largest cement maker, pledged to step up efforts to cut CO2 emissions as the energy-consuming industry comes under pressure from environmental groups, lawmakers and investors. The plan includes accelerating the use of low-carbon alternatives in cement mixtures and operating its first net-zero plant by the end of the decade, the company said in a statement ...

Americans who think the coming election is their last chance to save the republic from authoritarianism — Americans, until recently, like me — are almost certainly wrong. Authoritarianism is already here, and what Americans will decide in November is whether it will grow more deeply entrenched. According to a new report, the US is undergoing “substantial autocratisation” — so much ...

China may be the only major economy to notch growth at all in 2020, quite the reversal after the onset of Covid-19 triggered a historic collapse early in the year. This revival has been reflected in the yuan, Asia’s best performing currency this quarter. There’s good reason to think it isn’t a fluke. Bloomberg Economics projects China’s gross domestic product ...

Unibail-Rodamco-Westfield has a history of shrugging off crises. A decade ago, Europe’s No. 1 operator of top-tier shopping malls and offices doled out cash to shareholders even as banks collapsed and austerity ruled. The rise of online shopping only pushed it further to keep buying trophies like Westfield. That halo of invincibility has well and truly slipped after Covid-19. The ...

Boris Johnson is right back where he was six months ago: faced with a choice of how far to clamp down on freedoms in order to suppress the coronavirus’s transmission. Only then the strategy was simple. Britain’s lockdown was to protect the capacity of the National Health Service (NHS) in order to save lives. This time, the goal is more ...

Bloomberg While flight shaming and the coronavirus pandemic have spurred airlines to hasten the retirement of their oldest, fuel-guzzling aircraft, not all those planes end up in boneyards in the desert. Many find a second life in the fleets of Amazon.com Inc and other cargo carriers. Amazon has been among the biggest lessors of converted Boeing Co 767s in the ...