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  Abu Dhabi / WAM Landmarks across the UAE lit up in support of the fourth World Neglected Tropical Diseases Day (WNTDD), an annual moment that aims to galvanise the global community in support of ending neglected tropical diseases (NTDs), a band of debilitating diseases that affect some 1.7 billion people worldwide. Seventeen buildings and structures across Abu Dhabi and ...

Abu Dhabi / WAM Abu Dhabi National Exhibition Centre, part of the Adnec group, is preparing to host major international exhibitions and conferences in 2023, welcoming visitors, exhibitors, and speakers from all over the world. Almost one-third (33 per cent) of these events will take place for the first time in Abu Dhabi and the Middle East, aligning with the ...

  Dubai / WAM ENBD Reit, the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has announced its net asset value (NAV) at December 31, 2022. ENBD Reit’s NAV amounted to $173 million ($0.69 per share), up from $168 million at December 31, 2021. This reflects the continued positive momentum in the Dubai real estate ...

  Bloomberg The European Union (EU) unveiled a roadmap for how it plans to keep its industries competitive as the bloc tries to catch up to the US and China, which offer huge subsidies to domestic green technologies. The European Commission wants to use its Green Deal Industrial Plan to boost national support for companies through investment aid and tax ...

Bloomberg Swathes of office staff have been forced to work from home Wednesday as widespread industrial action closes schools and cripples Britain’s rail network. As many as 475,000 union members are on strike, demanding pay rises that do more to combat the cost-of-living crisis. Many were given salary increases of less than 5% last year, even as inflation climbed above ...

  Bloomberg The number of Swedish bankruptcies soared to the highest level in at least a decade in January, as construction companies come under pressure from an ongoing housing-market rout. The number of companies filing for bankruptcy increased by 47% from a year earlier in January, to 622, according to credit reference agency UC. The data highlights the effects of ...

Bloomberg Spain will raise its minimum wage by an inflation-busting 8% after the government and unions struck a deal, brushing aside calls from business groups to refrain from increases at a time of economic uncertainty. Prime Minister Pedro Sanchez, who faces a battle for reelection this year, has faced fierce opposition on the issue from industry lobby groups, which had ...

Bloomberg Peru’s inflation is forecast to have jumped to the highest level in a quarter century as official data start to reflect the damage wrought by two months of social unrest and highway blockades. The January report, due to be published Wednesday at 10 a.m. local time by the national statistics agency, is attracting greater-than-usual interest as economists try to ...

  Bloomberg The US and its allies Canada, the UK and Australia have imposed fresh sanctions on Myanmar, adding to pressure on the military regime, two years since it overthrew the civilian government led by Aung San Suu Kyi in a coup. US Secretary of State Antony Blinken said in a statement Tuesday the US restrictions target six individuals and ...

  Abu Dhabi / WAM Abu Dhabi Commercial Bank (ADCB) on Tuesday reported its financial results for fiscal year (FY) 2022, with AED6.434 billion in net profits, an increase of 23 percent compared to FY 2021. The bank’s net interest income was to the tune of AED10.194 billion, an increase of 15 percent compared to FY 2021, while non-interest income ...