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  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 ...

  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 ...

  ABU DHABI / WAM The Reach Campaign has revealed that its ’50 Days to Transform 5 Million Lives’ initiative has generated enough funds and commitments to transform the lives of 5 million people at risk of neglected tropical diseases (NTDs). Made possible by the generosity of individuals and corporate partners, the campaign received several million dirhams in donations, which ...

  Dubai / WAM Commercial Bank of Dubai (CBD) announced the opening of its Digital Lab at the Dubai International Financial Centre (DIFC) Innovation Hub, the region’s largest innovation ecosystem. The CBD Digital Lab was inaugurated by CBD Chairman, Humaid Alqutami, CBD Vice Chairman, Sultan Saeed Al Mansoori, and the Governor of DIFC, Essa Kazim. Senior Executives from CBD including ...

  SHARJAH / WAM The Environment and Protected Areas Authority in Sharjah (Epaa) launched the “A Day in the Reserve” programme, which is distributed over four sites on specific dates, at the Khor Kalba Mangrove Centre, Wasit Wetland Centre, Geological Park in Al Buhais, and Al Muntather Reserve. Taking place until December 23, the programme includes families of different nationalities, ...

  Bloomberg Leading nations of the European Union (EU) are resisting a push to quickly draw up specific sanctions and other punishments to impose on Russia if it invades Ukraine, even as the Kremlin shows no sign of backing off a massive troop buildup near its neighbour. Germany, France, Italy and Spain want to focus now on talking to Moscow ...

  Abu Dhabi / WAM The Ministry of Industry and Advanced Technology (MoIAT) on Tuesday announced it has signed a memorandum of understanding (MoU) with the Tawazun Economic Council, the UAE defense and security industry and engineering and R&D programmes enabler. The MoU confirms Tawazun’s participation in the National In-Country Value (ICV) Programme, joining a number of other leading national ...

  Abu Dhabi / WAM The Board of Management of the UAE’s Federal Authority for Nuclear Regulation (Fanr) convened and approved the operational plan of Fanr for the year 2022. The plan outlines a number of strategic projects to further strengthen Fanr’s regulatory oversight to regulate the nuclear and radiation sectors in the UAE to ensure the safety of public, ...

  ABU DHABI / WAM Imkan Properties announced the official opening of a premium urban park in the capital Abu Dhabi. Nestled within Khalidiya District along Al Bateen Street, Sheikha Fatima Park is just minutes away from the famous Corniche in the heart of Abu Dhabi. Historically known as ‘Khalidiyah Ladies Park’, the 46,000 square metre plot has been redeveloped ...

  Dubai / WAM Emirates Post Group (EPG) launched the “Postcards to Space” initiative in partnership with “Club for the Future”, a private foundation established by Blue Origin, “UAE Space Agency”, “Mohammed bin Rashid Space Centre” (MBRSC), and “AzurX”. The initiative, which is in line with EPG’s celebrations of the UAE’s Golden Jubilee, was unveiled to increase the interest of ...