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Bloomberg The cost of pollution in the European Union (EU) rose to new highs after a report by the bloc’s market watchdog dismissed concerns by some governments over abuse and the role of speculative investors in emissions trading. Benchmark carbon permits rose as much as 1% percent to a record 69.77 euros a ton on ICE Endex, extending gains to ...

Bloomberg Europe faces a “synchronised” series of crises around Belarus, from the political to energy and security, Polish Prime Minister Mateusz Morawiecki said as he again blamed Russia for being behind the migrant crisis on its border. Speaking during his tour of three Baltic states, Morawiecki voiced alarm over tensions flaring from Belarus to Ukraine, and warned of Moscow’s “appetite ...

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and Chairman of the Board of Trustees of Dubai Future Foundation (DFF), launched the Dubai programme to enable drone transportation. The programme promotes the development and adoption of cutting-edge technologies in line with the vision of His ...

Abu Dhabi / WAM His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of the Abu Dhabi Crown Prince’s Court and the Chairman of the Abu Dhabi Early Childhood Authority (ECA) emphasised that the UAE is dealing with children’s issues through an integrated system, at the legislative, educational, cultural and health levels. HH Sheikh Theyab indicated that the ...

KIEV / WAM A delegation from the Emirates News Agency (WAM) visited a number of state-run and private media institutions in the Republic of Ukraine, at the invitation of Ukrinform, the national news agency of Ukraine. The visit aimed to foster media cooperation between WAM and Ukrainian media outlets in various fields, including areas of training and news exchanges. Featuring ...

DUBAI / WAM Dubai Land Department (DLD) signed a Memorandum of Understanding (MoU) with the Emirates Association for Management Consultants and Trainers (EMCT) to set the general framework for joint cooperation in the field of exchanging information, experiences and research relevant to the profession of management consultancy, administrative training, developing the skills of national cadres, including trainers and administrative consultants, ...

Dubai / WAM Emirates Post, UAE’s official postal operator and leading express provider, announced that it has partnered with Enoc Group to enhance customer experience in its last-mile delivery services in line with its leading drive to support the growth in logistics and e-commerce in the UAE. Zoom, a leading home-grown convenience store chain owned by Enoc Group, has become ...

Bloomberg Officials in Washington and Beijing have agreed to high-level conversations between their militaries, according to a person familiar with the matter. During a 3 1/2-hour virtual summit with President Joe Biden, Chinese President Xi Jinping agreed to support such discussions between the US military and top officials from the People’s Liberation Army, including the vice chairman of the country’s ...

Bloomberg The cost of servicing UK government debt more than tripled in October from a year earlier due to surging inflation, leaving the budget deficit higher than economists forecast. Interest costs were 5.6 billion pounds ($7.6 billion) compared with 1.8 billion pounds in the same month in 2020, the Office for National Statistics (ONS) said. In the first seven months ...

Bloomberg The International Monetary Fund’s (IMF) executive board approved a $50 billion credit line for Mexico, reducing the amount it extended in previous years as it argues that the nation’s economic prospects have improved. The two-year flexible credit line, which is designed for crisis prevention, is Mexico’s ninth such consecutive agreement, and is about 20% less than the amount approved ...