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Taliban say international flights from Afghanistan to start soon

Bloomberg The Taliban said international flights from Afghanistan will resume shortly as Qatar and Turkey help restart operations at Kabul airport and the group has complete control over the country with the last pocket of resistance in the north now defeated. “Domestic flights have already started and we’re waiting to hear when we can start overseas flights,” Taliban spokesman Zabihullah ...

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Global green bond sales hit record $39.1 billion

Bloomberg The green bond market is hotting up again with investors bracing for a potentially record month of sovereign sales. Spain, Colombia and the UK are due to offer their inaugural green bonds this month, with the latter expected to “certainly be the largest” in the world by Chancellor of the Exchequer Rishi Sunak. That’s in addition to established issuer ...

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Johnson’s $47 billion NHS plan resisted by Treasury, says Times

Bloomberg UK Prime Minister Boris Johnson’s plan to reform health and social care by handing 34 billion pounds ($47 billion) to the National Health Service (NHS) faces resistance from the Treasury, the Sunday Times has reported. Johnson’s cash boost is designed to kick-start a period of policy reforms, including a plan to cap the amount that people have to pay ...

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Spain sticks to raise minimum wage to reduce wealth gap

Bloomberg Spain is sticking to its strategy of raising the minimum wage to tackle the growing wealth gap in the country amid the fastest acceleration in inflation in nearly a decade, Economy Minister Nadia Calvino said. “It’s an important instrument to reduce inequality, which has risen in our country in the past years,” Calvino, who also serves as deputy prime ...

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Canada’s election to foil FX traders hunting for volatility

Bloomberg Elections often drive big swings in the foreign-exchange market, with the risk of radical change this year pushing down the Peruvian sol and the Chilean peso. Not so for Canada. There has been little-to-no premium priced into the Canadian dollar — relative to the greenback — due to the last five federal elections, Bipan Rai, the head of foreign-exchange ...

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UAE announces first set of ‘Projects of the 50’

Abu Dhabi / WAM UAE ministers have announced the first set of bold strategic projects aimed at fostering the UAE’s new phase of growth – both domestically and internationally – and embarking on an ambitious growth strategy as the nation celebrates its golden jubilee and embarks on the 50 years to come. The “Projects of the 50” is a series ...

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Sharjah, Russia seek to boost trade, economic cooperation

Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI) is leading the Emirate’s trade mission to Russia from September 7-12 in Moscow and Saint Petersburg, to enhance the economic, commercial, and investment cooperation between the two sides. The SCCI delegation will be led by Abdullah Sultan Al Owais, Chairman, SCCI, and includes a number of the Chamber’s board ...

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SDHR, Abu Dhabi Pension Fund sign cooperation pact

Sharjah / WAM Sharjah Directorate of Human Resources (SDHR) signed a Memorandum of Understanding with Abu Dhabi Pension Fund, aiming at exchanging data and enhancing cooperation between two parties in order to achieve common objectives. The MoU was signed by Dr Tariq Sultan bin Khadem, Member of the Executive Council of the Emirate of Sharjah and Chairman of SDHR, and ...

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Adnoc Distribution inks deal with Al Ghadeer UAE Crafts

Abu Dhabi / WAM Adnoc Distribution on Sunday marked the International Day of Charity, with the launch of its partnership with Al Ghadeer UAE Crafts (Al Ghadeer), an Emirates Red Crescent (ERC) project. Adnoc Distribution will be allocating retail space at select Adnoc Oasis convenience stores in Al Bateen, Mahwi, Al Ain and Dubai to showcase home accessory, stationery and ...

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