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UAE minister tours Panama pavilion at Expo 2020 Dubai

  Dubai / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, toured the Panama Pavilion at Expo 2020 Dubai, themed ‘An introduction to the endless opportunities in Panama’. Any Lam Chong, Director of the Panama Pavilion, welcomed Minister of Climate Change and the Environment and accompanied her on the tour. Through a virtual reality cruise on ...

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DFF launches Arabic glossary for future terminology

  DUBAI / WAM On the occasion of World Arabic Language Day, observed every year on December 18, Dubai Future Foundation (DFF) launched an online glossary of future Arabic scientific and technical terms. Containing 500 terms in Arabic and English, arranged according to categories, the open-source dictionary is available at https://arabicglossary.dubaifuture.ae, and enables the public to edit it and add ...

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Dewa breaks ground for largest solar-powered data centre in MEA

  Dubai / WAM Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (Dewa) and Steven Yi, President of Huawei Middle East & Africa, have broken ground for the first phase of the largest solar-powered data centre in the Middle East and Africa, set to be Uptime TIER III-Certified. The data centre will be implemented by ...

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WAM’s Expo 2020-related content reaches 9bn views

  Abu Dhabi / WAM Publications and news related to Expo 2020 Dubai quoting the Emirates News Agency (WAM) had reached 9.1 billion views across all platforms worldwide in just two months, from October 1, 2021 until November 30. A statistical report conducted by a specialist international consultancy company – to monitor the local and global circulation of WAM’s Expo ...

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Anwar-led oppn faces sliding fortunes in key Malaysia poll

  Bloomberg Voters in Malaysia’s biggest state are set to reject the opposition alliance in elections, increasing pressure on Anwar Ibrahim to step aside as de facto leader and forcing a rethink in strategy ahead of a national vote that may be called as soon as next year. The polls in Sarawak in Borneo island is expected to present another ...

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Flood damage may cost US businesses $13.5b in 2022

  Bloomberg Pittsburgh is more than 200 miles (320 kilometers) from the nearest coast, yet its office and retail buildings face $420 million in exposure to flood damage, or the third-greatest of any city in the US, according to a report. Commercial structures across the US could face up to $13.5 billion in damage in 2022, an amount that will ...

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UK food costs set to continue climbing after festive season

  Bloomberg The soaring costs and staffing shortages plaguing the UK’s food-supply chain show little sign of ebbing next year, industry groups warned. The country’s slaughterhouses and produce farms have been hit by worker shortages and transport bottlenecks this year, while rocketing prices of fertilizer, energy, packaging and feed are adding to the woes. Those pressures will be maintained on ...

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BMW signs long-term chip deal after global shortage hits output

  Bloomberg BMW AG signed a long-term deal to secure semiconductors for in-car lighting systems after a global shortage of the components led to shutdowns at some of its factories. The automaker said it signed an agreement with Inova Semiconductors and Globalfoundries Inc., guaranteeing the supply of “several million” chips per year. The components will provide controls for ambient lighting ...

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Euro area activity drops to 9-month low on resurgent virus

  Bloomberg Euro area economic activity slowed as rising coronavirus cases hurt service providers to offset an improvement in manufacturing output. Inflation pressure eased a little. A composite gauge for both sectors fall to 53.4 in December from 55.4 the previous month, according to a survey of purchasing managers by IHS Markit. Services activity grew at its weakest since April ...

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Mubadala, Fincantieri ink deal to develop advanced technologies

  Abu Dhabi / WAM Mubadala Investment Company PJSC (Mubadala) and Fincantieri have signed a memorandum of understanding (MoU) to start potential collaborations in the field of advanced technologies and services in the naval, marine and industrial sectors. The agreement was signed by Abdulla Abdul Aziz Al Shamsi, Head of UAE New Initiatives at Mubadala, and Giuseppe Giordo, General Manager ...

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