Masonry Layout

  Dubai / WAM Emirates, renowned for its world-leading air transport services, has also been recognised for its outstanding ground transport services with awards in multiple categories, at the recent RoSPA awards, held for the first time in Dubai. The only airline to have achieved commendations three years in a row, the Emirates team took gold awards in three main ...

Bloomberg President Volodymyr Zelenskiy said the war may stagnate if deliveries of advanced weapons from Ukraine’s allies don’t accelerate, and that the fighting is “very fierce” in the east. Russia continued its assault on Sievierodonetsk, shelling the city and surrounding villages as it pushes to capture the Ukrainian government’s last major foothold in the eastern region of Luhansk. The regional ...

  Bloomberg US inflation accelerated to a fresh 40-year high in May, a sign that price pressures are becoming entrenched in the economy. That will likely push the Federal Reserve to extend an aggressive series of interest-rate hikes and adds to political problems for the White House and Democrats. The consumer price index increased 8.6% from a year earlier in ...

  Bloomberg The European Union (EU) is nearing an agreement on key legislation to regulate the cryptocurrency sector that would set common rules across the 27 member states, people familiar with the matter said. France, which currently chairs the EU, and the European Parliament are optimistic about resolving remaining issues holding up the Markets in Crypto-Assets (MiCA) package and reaching ...

  Bloomberg Boris Johnson took aim at his own government’s tariffs on imports of food that is not produced domestically, saying their removal could ease the UK’s cost-of-living crisis. But even his officials say otherwise. “Why do we have a tariff of 93 pence a kilo on Turkish olive oil?” Johnson said at a speech in Blackpool, northern England, days ...

  Bloomberg A glut of fertilisers at the biggest Brazilian ports signals that the price of the nutrients may have to drop further before farmers start buying. In Paranagua, private warehouses reached their maximum storage capacity of 3.5 million tons, according to Luiz Teixeira da Silva, Paranagua’s operations director. A terminal operated by VLI Logistics, one of the two at ...

  Abu Dhabi / WAM First Abu Dhabi Bank (FAB) has announced the completion of the legal merger of Bank Audi Egypt, where all the bank’s assets in Egypt will accordingly operate under FAB’s newly introduced brand identity “FABMISR”. The legal merger and launch of FAB’s new brand in Egypt come after obtaining all required regulatory approvals, including the final ...

  ABU DHABI / WAM Ewec, the Emirates Water and Electricity Company, has announced that production of desalinated water using low carbon-intensive reverse osmosis (RO) technology from the Taweelah RO facility has reached 50 percent capacity. Taweelah RO, connected to the Abu Dhabi network in December 2021, is now providing 100 million gallons per day of desalinated water, and will ...

  Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), has visited the water reservoir project Dewa is building in Hatta to review its progress. According to the project schedule, there is significant progress in the project’s work at 36.259% compared to the 32.6% target. The project has a capacity of 30 ...

Bloomberg Russia continued its assault on Sievierodonetsk, pushing Ukrainian troops out of the center of Kyiv’s last major foothold in the Luhansk region. President Volodymyr Zelenskiy called the fighting “very fierce” and his top military commander pleaded for the US to send more artillery. Moscow’s use of cluster munitions and indiscriminate shelling in Kharkiv, Ukraine’s second-largest city, constitutes a war ...