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Bloomberg The French economy is weathering the Covid pandemic and government restrictions better than previously forecast, putting it on a path to stronger growth this year, the Bank of France said. Activity falls less than the central bank initially expected at the end of 2020 as household and business investment held up despite the lockdown in November. The central bank ...

Bloomberg Greece is set to issue its longest-maturity bonds since 2008, completing the country’s full return to debt markets. The nation is selling 30-year bonds via banks, which could be an opportunity for investors to pick up yields that are likely to be the highest in the euro area. Greece is following others in the region in seizing on low ...

Bloomberg Italian Prime Minister Mario Draghi vowed to free up more economic stimulus and increase vaccinations to offset a prolonged lockdown amid a coronavirus resurgence. The premier, at his first news conference since his governing coalition was sworn in on February 13, unveiled a 32 billion-euro ($38 billion) pandemic relief package he called “only a first step.” The package was ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) & Abu Dhabi Motorsports Management (ADMM) on Wednesday announced an extension to their long-term strategic partnership. Supporting the health and wellbeing of the UAE community, and providing more ways to participate in motorsport at all levels, will be key areas of focus, with Adnoc playing a pivotal role in ...

RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) introduced its e-gaming business set-up package, which supports investors in the fast-growing gaming value-chain such as software and hardware developers, publishers, streaming and support services providers. The newly launched package covers 18 e-gaming core and support service activities, and investors can select up to three activities in their primary ...

DUBAI / WAM Egyptian and Emirati officials discussed collaborations to develop the content of the Digital School to provide a certified high-tech online education to reach students in disadvantaged communities across the world. In a meeting, Omar Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications and Chairman of the Board of Directors of ...

Bloomberg Top Indian government officials are debating whether to set a goal to zero out its greenhouse gas emissions by mid-century, an ambitious target that would require overhauling its coal-dependent economy. Officials close to Prime Minister Narendra Modi are working with senior bureaucrats and foreign advisers to consider ways to meet the 2050 deadline, according to people familiar with the ...

Bloomberg President Joe Biden agreed that Russian President Vladimir Putin is a “killer,” and said in an interview with ABC News on Wednesday that Russia would pay for alleged interference in US elections. His comments, came the same day as a US intelligence community report that Putin ordered influence operations to hurt Biden’s candidacy, favouring former President Donald Trump just ...

Abu Dhabi / WAM The Abu Dhabi Global Market (ADGM) Registration Authority (RA), and the Registrar of Companies in the Israeli Corporations Authority, have entered into a Statement of Co-operation (SoC) with an aim of facilitating an influx of business opportunities between both jurisdictions and enhancing their respective registration functions, the regulators said in a statement. The MoU was signed ...

RAS AL KHAIMAH / WAM Major General Ali Abdullah bin Alwan Al Nuaimi, Commander-in-Chief of the Ras Al Khaimah Police and Head of the Local Emergency Crisis and Disaster Team in the Emirate of Ras Al Khaimah, has announced a set of precautionary measures during the Holy month of Ramadan. Major General Al Nuaimi said that these decisions include restrictions ...