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UAE is Egypt’s largest trade partner in Mideast: Minister

Cairo / WAM Nevine Gamea, Egyptian Minister of Trade and Industry, stated that the UAE is Egypt’s largest trade partner in the Middle East, noting that the size of the trade exchange between the two countries amounted to $4.11 billion in 2020, rising from $3.356 billion in 2019. During her meeting with the UAE Ambassador to Egypt and the UAE’s ...

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Abu Dhabi to host concert series to mark Eid al-Adha

Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) will lead this year’s Eid al-Adha celebrations with a programme of spectacular entertainment events on Yas Island. The celebrations include unmissable concerts by regional superstars Assala Nasri, Hussein Al Jasmi, Tamer Hosny and Myriam Fares at Etihad Arena on July 22 and 23 as ...

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Al Ghurair hub for digital teaching, learning launched in Lebanon

Dubai / WAM The Abdulla Al Ghurair Foundation for Education (AGFE) announced the launch of “Abdulla Al Ghurair Hub for Digital Teaching and Learning” in partnership with the American University of Beirut (AUB) at the Maroun Semaan Faculty of Engineering and Architecture (MSFEA) to improve access to quality online education for thousands of Arab youth across the region. This came ...

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Emirates extends IATA travel pass solution to 10 cities

DUBAI / WAM Emirates, one of the first global airlines to pilot the IATA Travel Pass in April, is offering the IATA Travel Pass solution to customers flying to 10 cities and plans to extend it to all routes across its network in the coming weeks. Emirates has also partnered with Alhosn, the official UAE app for Covid-19 related contact ...

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India shifts 50,000 troops to China border in historic move

Bloomberg India has redirected at least 50,000 additional troops to its border with China in a historic shift towards an offensive military posture against the world’s second-biggest economy. Although the two countries battled in the Himalayas in 1962, India’s strategic focus has primarily been Pakistan since the British left the subcontinent, with the long-time rivals fighting three wars over the ...

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UK faces food shortages as worker scarcity gets worse

Bloomberg From abattoirs to restaurant kitchens, the UK food sector is facing a massive challenge this summer: there just aren’t enough workers. The food industry, already facing labour shortages because of Brexit and the pandemic, is now being stretched to capacity as the country reopens. Meat processors are cutting production and a “catastrophic” dearth of drivers is disrupting food deliveries ...

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Financial crisis scars tie up $8.1 trillion in US home equity

Bloomberg US homeowners spooked by the burgeoning pandemic last spring rushed to tap equity in their properties for a hit of ready cash — and equally wary banks tightened credit or halted lending in response. In the past year, monstrous demand for homes amid a scarcity of listings pushed up prices to the point of giving owners more collective equity ...

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Portugal slaps new rules on UK arrivals as Merkel urges unity

Bloomberg Portugal and Spain imposed new restrictions on UK visitors amid concern about the coronavirus delta variant as Germany pushed for a more coordinated European Union response to try to limit the strain taking hold in the bloc. The changes are a setback for Europe’s holiday destinations just as the summer tourism season should be kicking up a gear. The ...

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Amazon, Google face UK consumer probe into fake reviews

Bloomberg Amazon.com Inc. and Google are facing formal probes into possible violations of UK consumer protection rules over a failure to shield their users from an onslaught of fake reviews. The Competition and Markets Authority (CMA) said it has opened investigations to gather more information and decide whether the tech giants may have broken the law by not doing enough ...

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UAE approves national agenda for non-oil export development

ABU DHABI / WAM The UAE cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, approved the National Agenda for Non-oil Export Development, an integrated framework for efforts to increase UAE’s foreign trade, promote Emirati products and access new markets all over the world. His Highness ...

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