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London looks to Paris for tips on virus office working

Bloomberg The UK should learn from other European nations where more people have returned to their offices during the pandemic, a senior figure in the City of London financial district said. Catherine McGuinness, policy chair for the City‘s Corporation, urged the government to scrutinise the evidence so more workers can get back. She pointed to Paris, where she said there ...

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UAESA inks Artemis Accords for international space cooperation

Abu Dhabi / WAM The UAE Space Agency (UAESA) was amongst the first signatories of Nasa’s Artemis Accords at the 71st International Astronautical Congress (IAC). In May 2020, Nasa, the American Space Agency, formally announced the Artemis Accords, based on a shared vision for principles, grounded in the United Nations’ Outer Space Treaty of 1967, to create a safe and ...

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UAE sends second aid plane with medical supplies to Costa Rica

ABU DHABI / WAM The United Arab Emirates on Wednesday sent a second aid plane carrying 12 metric tonnes of medical supplies and testing kits to Costa Rica. This aid will assist approximately 12,000 medical professionals as they work to contain the Covid-19 virus. Commenting on the aid delivery, Juma Al Rumaithi, UAE Ambassador to Costa Rica, said, “The dispatch ...

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Air Arabia resumes operations from Ras Al Khaimah to four destinations

SHARJAH / WAM Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier has announced the resumption of flights from Ras Al Khaimah International Airport to four destinations in Egypt and Pakistan in addition to new a new service between Rask Al Khaimah and the capital of Bangladesh, Dhaka. Air Arabia’s flights to Cairo and Lahore from ...

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Covid-19: UAE announces 101,659 total recoveries

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 103,132 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, MoHAP announced 1,431 new coronavirus cases, bringing the total number of recorded cases in the UAE to 110,039. MoHAP also noted an additional 1,652 ...

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Al Zahia breaks ground on its Al Yasmeen neighbourhood

Sharjah / WAM Al Zahia Sharjah’s premier lifestyle destination has moved one step closer to completion with the ground-breaking ceremony of its highly sustainable Al Yasmeen neighbourhood. Scheduled for completion in 2022, Al Yasmeen is designed for discerning families and young couples that demand luxury and tranquillity from the place they call home. The neighbourhood will comprise a mix of ...

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Thai protesters face off with police as rally stokes tension

Bloomberg Tens of thousands of Thai protesters defied police barricades and pro-establishment groups in Bangkok on Wednesday for the most tense demonstration yet in a student-led push for greater democracy and less power for the monarchy. The protesters pushed through several blockades made of transit buses, fences and barbed wires during their 2-kilometre march to Government House, the office of ...

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US states see $31b tax revenue drop due to Covid-19 recession

Bloomberg US states saw their tax revenue drop by about $31 billion, or 6%, from March through August, compared to the same period a year earlier, as the pandemic triggered economic shutdowns across the country, according to a data from 44 states compiled by the Urban Institute. The scale of the drop appears smaller than expected, relative to the depth ...

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German recovery loses steam as virus fears rise

Bloomberg Germany’s economy is losing steam but will do slightly better than government forecasts as fears grow over rising coronavirus infections, according to the country’ s five leading research institutes. Gross domestic product will contract by 5.4% in 2020 and grow 4.7% next year, the experts predicted in their latest bi-annual outlook published on Wednesday. In their spring report, they ...

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London’s mega-mansion buyers find bargains hard to come by

Bloomberg Wealthy buyers of mansions and penthouse apartments in London are finding that the pandemic isn’t throwing bargains their way. Luxury homes that changed hands for more than $13 million in the second quarter sold at an average 95% of their asking prices, according to latest data from broker Knight Frank. That was the smallest discount since the end of ...

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