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US core inflation returns to four-decade high as rents rise

  Bloomberg A key gauge of US consumer prices advanced to a 40-year high in September, underscoring persistent, elevated inflation that’s squeezing households and pushing the Federal Reserve towards another steep interest-rate hike. The core consumer price index, which excludes food and energy, increased 6.6% from a year ago, the highest level since 1982, Labour Department data showed on Thursday. ...

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Etihad Rail connects Sharjah, Ras Al Khaimah to main line

  Abu Dhabi / WAM Etihad Rail, the developer and operator of the UAE National Rail Network, completed the main works of the UAE National Rail Network with the completion of the tracklaying works of the main line in Sharjah and Ras Al Khaimah, as part of the last package of Stage Two of the project. The main line of ...

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Nafis, du sign deal to recruit 500 Emiratis in private sector

Abu Dhabi / WAM The Emirati Talent Competitiveness Council (Nafis) has signed an MoU with Emirates Integrated Telecommunications Company (du), which involves du’s participation within the Nafis programme, a federal initiative that aims to increase the contributions of Emirati citizens within the private sector and raise their efficiency and qualifications. In the signing ceremony, Nafis was represented by Ghannam Al ...

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Cisco to join Zayed University’s partner challenge programme

  Abu Dhabi / WAM Zayed University on Wednesday announced that Cisco would join its pioneering Partner Challenge programme as part of a new memorandum of understanding (MoU) signed between the two parties. The programme offers a unique opportunity for students to apply their knowledge outside the classroom, addressing real-world challenges proposed by an industry player, such as Cisco. Working ...

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Work on Midtown project 91% complete, says Deyaar

  Dubai / WAM Deyaar Development on Wednesday announced above 91% completion of the Mesk District in Midtown, the grand development located in Dubai Production City near Sheikh Mohammed Bin Zayed Road, and also confirmed close to 78% completion of the Noor District. The announcement marks a crucial milestone for the property developer as Mesk and Noor Districts will allow ...

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Biden calls Putin a ‘rational actor’ who ‘miscalculated’

Bloomberg President Joe Biden said the US has gamed out responses if Russian President Vladimir Putin uses a nuclear weapon in Ukraine. “The Pentagon didn’t have to be asked,” Biden said in an interview Tuesday with CNN, in response to a question about whether he’d directed the Defense Department to come up with contingencies. The president declined to elaborate on ...

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UAE President, Putin discuss regional, global issues

SAINT PETERSBURG / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan, affirmed the UAE’s endeavour to contribute to strengthening the foundations of global peace and stability to reduce tensions and find diplomatic solutions to crises. This came during the reception hosted in Saint Petersburg by Vladimir Putin, President of the Russian Federation, in honour of His Highness Sheikh ...

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UAE’s unemployment insurance scheme comes into force: MoHRE

  Abu Dhabi / WAM The Ministry of Human Resources and Emiratisation (MoHRE) announced on Tuesday that an “Unemployment Insurance Scheme” for employees of the federal government and the private sector has come into force. The Decree-Law on Unemployment Insurance Scheme stipulates that the insured will be compensated with a cash amount for a specific period of time if they ...

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Seha, Cisco team up to offer world-class teleconsultation services to UAE residents

  Dubai / WAM Abu Dhabi Health Services Company (Seha) and Cisco, during Gitex Global 2022, have announced the successful completion of their pilot project to provide teleconsultation solutions and digitised healthcare services. The pilot aims to improve access to healthcare for patients and enable quicker and easier consultation for clinicians. As part of Cisco’s Country Digital Acceleration (CDA) programme, ...

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Abu Dhabi to track sightings of species with new app

  Abu Dhabi / WAM A new smartphone app and website was launched on Tuesday to help people learn more about Abu Dhabi’s wildlife and report sightings to the Environment Agency – Abu Dhabi (EAD). The app was launched during Gitex which began on October 10 and concludes on October 14, at the Dubai International Convention and Exhibition Centre. Abu ...

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