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Canada sets record by granting permanent residency to 401,000

  Bloomberg Canada has welcomed more than 401,000 permanent residents in 2021, achieving its goal set last year, and marking the highest immigration year on record. The federal government announced the milestone, adding that the record immigration flows were attained despite the ongoing pandemic, which prompted the country to close its borders to foreigners for much of the year. Because ...

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School closings surge 82% as Omicron spreads across US

  Bloomberg For US school officials struggling with a sharp rise in Covid-19 cases, winter break can’t come soon enough. There were 646 Covid-related school closings for this week, up from 356 the week before, according to Burbio, a data service that aggregates calendars nationwide. Schools in states including Michigan, Maryland, Pennsylvania and Ohio shifted to virtual learning or closed ...

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EU weighs new powers to maintain supplies during crises

  Bloomberg The European Union is weighing a broad set of new powers, including possible export controls, that would give it the ability to protect the bloc’s supply chain during periods of crisis. The European Commission, the EU’s executive arm, will unveil the proposal as soon as the spring, according to an EU official familiar with the plan. The new ...

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Dubai’s Emirates NBD joins UAE Trade Finance Gateway project

  Dubai / WAM Etihad Credit Insurance (ECI) signed an MoU with Emirates NBD and Crediti Fintech, for the implementation of the ‘UAE Trade Finance Gateway’. The receivables financing marketplace is designed to help businesses based in the UAE obtain fast and easy access to finance and boost their business, while supporting the UAE’s ‘Operation 300bn’ industrial strategy which aims ...

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Expo 2020 Dubai attracts more than 8 million visitors

  DUBAI / WAM Visits to Expo 2020 Dubai continue to climb substantially, increasing to 8,067,012 in the period up to December 27 as the most significant global gathering of 2021 continues to welcome visitors safely and responsibly. Expo’s stringent Covid-19 safety measures are designed to protect everyone on site, and include mandatory mask-wearing – indoors and outdoors – for ...

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Adafsa conducts 149,401 inspection visits in Q3

  Abu Dhabi / WAM In accordance with its regulatory role and responsibility to achieve the highest levels of food safety in Abu Dhabi, The Abu Dhabi Agriculture and Food Safety Authority (Adafsa) carried out 149,401 inspection visits to food, agricultural, animal and veterinary facilities during third quarter of 2021. Inspections were conducted in Abu Dhabi at 17,456 food, agricultural, ...

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India’s renewables boom set to lift power exchange spot trading

  Bloomberg A surge in renewable energy in India is set to massively increase spot power trading, according to the country’s largest electricity bourse. Buyers will increasingly turn away from traditional long-term contracts in favour of cheaper renewable energy, said Rohit Bajaj, head of business development at Indian Energy Exchange Ltd. More than a quarter of the nation’s electricity could ...

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Russia plans security talks with US before Nato meeting

  Bloomberg Russia will start talks first with the US on its demands for guarantees of an end to Nato’s eastward expansion before a proposed January 12 meeting between the military alliance and Moscow, Foreign Minister Sergei Lavrov said. “We will hold the main round of negotiations with the US which will take place immediately after the end of the ...

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Abu Dhabi Ports aims to explore partnerships in global markets

  Abu Dhabi / WAM Mohamed Juma Al Shamisi, Group CEO of Abu Dhabi Ports, has said that the group aims to explore opportunities and partnerships in regional and international markets by signing international partnership agreements. In his statement to the Emirates News Agency (WAM), Al Shamsi said the group’s investments will help improve the emirate’s stature as a key ...

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UAE condemns Houthi attempt to target Saudi Arabia’s Jazan province

  Abu Dhabi / WAM The United Arab Emirates strongly condemned and denounced the terrorist Houthi militias’ crime of targeting the Governorate of Samta in Saudi Arabia’s Jazan Province with a projectile, which killed two and wounded a number of civilians. In a statement issued by the Ministry of Foreign Affairs and International Cooperation (MOFAIC), the UAE expressed condolences for ...

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