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DUBAI / WAM Dubai welcomed 8.36 million international overnight visitors in the first six months (January-June) of 2019, posting a positive three percent in tourism volume growth compared to the same period last year, according to the latest data released by Dubai’s Department of Tourism and Commerce Marketing, Dubai Tourism. The new figure reinforces the continued strength of Dubai’s tourism ...

DUBAI / WAM In 430 days, the world will witness a key international event, the Expo 2020 Dubai, which will be a cultural platform for gathering countries for 173 days in one place, to showcase their cultures, heritage and histories to 25 million potential visitors. Participating countries are looking forward to the event, where intellectuals will meet to shape the ...

ABU DHABI / WAM The Federal Tax Authority (FTA) has launched a new electronic system for registering excise goods as part of its plans to continuously develop the tax system as a whole, and excise tax procedures, in particular. In a press statement issued on Saturday, the authority explained that the new system offers accurate and transparent procedures for registering ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa), has issued its 6th annual Sustainability Report, summarising Dewa’s efforts to promote social and economic sustainability as well as provide a sustainable model for energy and water. The report focusses on ways to support economic growth without damaging the environment, and highlights Dewa’s achievements in sustainability, according to a Dewa press ...

Bloomberg Thailand plans a 316-billion-baht ($10.2 billion) package of government spending and loans to counter an economic slowdown caused by the US-China trade war and currency strength. The package includes help for farmers and people on low incomes, as well as initiatives to bolster consumer spending and investment, Finance Minister Uttama Savanayana said in a briefing in Bangkok. The proposal ...

Bloomberg Australia’s labour market surged in July, adding almost three times the forecast number of jobs, while unemployment remained stuck at 5.2% as the workforce swelled to a fresh record. The economy added 41,100 roles from the previous month, with more than three-quarters of them full-time, the statistics bureau said in Sydney. Economists had forecast a gain of just 14,000. ...

Bloomberg If self-reinforcing recession fears are the greatest risk to the record-long US expansion, as posited by Bank of America Corp. Chief Executive Officer Brian Moynihan, the latest consumer sentiment report hinted that those concerns may be starting to emerge. “We have nothing to fear about a recession right now except for the fear of recession,” Moynihan said in a ...

Bloomberg As economic growth falls across Europe, Ukraine may be embarking on an upswing. Data showed expansion in the former Soviet republic surged last quarter, even as US-China trade tensions and a wider global slowdown weighed on most of the continent. The pace — 4.6% — was unexpectedly quick. The World Bank had warned that if growth didn’t top the ...

Bloomberg The Earth is losing its plants and humanity is to blame, according to a new study. Global vegetation growth has been in decline since the late 1990’s, due to changes in the water content of the atmosphere. An atmospheric vapor pressure deficit (VPD), or the difference between saturation water vapor and actual water vapor, was found to stall or ...

Bloomberg India is starting to ease restrictions on Kashmir after an almost two-week lockdown, the Press Trust of India (PTI) reported, as some telecommunication services were restored and people could move more freely. Landline and low speed mobile phone services resumed in some areas in the Kashmir Valley on Saturday, even as stringent security arrangements remained in place, PTI reported, ...