Masonry Layout

Work on two model bus stations at Oud Metha, Al Satwa complete

Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has completed the construction of two model bus stations at Oud Metha and Al Satwa. The stations feature unique designs that form a blend of creative and practical solutions to engineering designs, along with introducing a new concept of mass transit. “The construction of stations for public bus riders complements RTA’s ...

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UAE, Spain to foster collaboration in areas of tech advancement

DUBAI / WAM The UAE’s Ministry of Industry and Advanced Technology (MoIAT) and Spain’s Ministry of Science and Innovation (MSI) signed a Memorandum of Understanding (MoU) that will see them develop an advanced technology framework over the next three years. The framework aims to foster bilateral collaboration in the areas of technological advancement, technology transfers and the deployment of key ...

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ADJD completes 160,482 judicial requests remotely

ABU DHABI / WAM The Abu Dhabi Judicial Department (ADJD) has released a statistical report monitoring the continuity of judicial and legal services with the implementation of the remote working scheme over a period of 11 months. Speaking on the occasion, Youssef Saeed Al Abri, Undersecretary of the ADJD, said the achievements made by ADJD and the qualitative leap in ...

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Covid-19: UAE reports 1,901 new recoveries

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 242,159 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Saturday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out necessary treatment. ...

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Imran Khan wins Pakistan parliament vote to stay PM

Bloomberg Pakistan Prime Minister Imran Khan won a confidence vote in Parliament, ending a week of political turmoil and giving a boost to his fragile government. Khan got 178 votes from members of his Tehreek-e-Insaf party and allies in the 342-seat lower house National Assembly, proving the majority, Speaker Asad Qaiser said in televised meeting in Islamabad. The army-backed former ...

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Spain plans debt relief in new $13b fiscal package

Bloomberg Spain is considering using part of a planned 11 billion-euro ($13 billion) fiscal package to provide debt relief to companies that have borrowed through the country’s state-backed loan program. The proposal would allow Spanish lenders a degree of flexibility to decide which borrowers should be granted relief, the officials said. Banks would absorb some of the write off and ...

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Ireland 2020 GDP up 3.4% amid Covid-19

Bloomberg Ireland’s economy expanded in 2020 despite the devastation of the pandemic as surging exports countered a slump in domestic demand. The nation’s GDP grows 3.4% in 2020, the central statistics office said, driven largely by the export sector. The domestic economy, however, struggled. “Today’s figures once again point to the dual economic impact of the pandemic, with domestic activities ...

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Export boom driving Canada’s largest trade surplus since 2014

Bloomberg Canada’s trade sector unexpectedly recorded its largest surplus in more than six years on across-the-board increases in exports. The nation ran a surplus of C$1.4 billion ($1.1 billion) in January from a revised deficit of C$1.98 billion in December, Statistics Canada said in Ottawa. Economists were predicting a gap of C$1.4 billion. It marked the first time Canada has ...

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Swedish real estate hotter than ever as ‘hysteria’ hits

Bloomberg Swedish house prices soared to the highest level ever recorded, as a growing number of people make use of unprecedented central bank stimulus to upgrade into bigger homes. “From a credit perspective, one can only conclude that the market has been gripped by hysteria, which is connected to central banks pumping money into the system,” said Carl Johan Lagercrantz, ...

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Tabreed, IFC to set up district energy investment platform

ABU DHABI / WAM The National Central Cooling Company (Tabreed) and the International Finance Corporation (IFC), a member of the World Bank Group, are planning to establish a district energy investment platform in Singapore. The platform will invest in district cooling, trigeneration and cooling as a service offering with primary focus on India followed by other South East Asian countries. ...

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