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Dubai / WAM  His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said that the UAE and Egypt will begin another 50 years of solid and deep-rooted relations and joint efforts, under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Abdel Fattah El-Sisi, President of ...

Abu Dhabi / WAM The Federal Tax Authority (FTA) has announced it will be discontinuing the use of the e-Dirham system in paying taxes as of next Sunday, October 30, replacing it with Magnati, the smart payment option from First Abu Dhabi Bank (FAB). Magnati provides advanced software solutions for online payments, using next-generation advanced technologies to provide a seamless ...

Sharjah / WAM The Sharjah National Day Celebrations Committee on Wednesday announced its activities’ agenda for celebrating the UAE’s 51st National Day. Events will take place across Sharjah’s cities and key tourist and cultural destinations from November 24 to December 3, shedding light on the country’s achievements, history, and heritage for a whole month. Heading towards its centenary after celebrating ...

Abu Dhabi / WAM Miral on Wednesday unveiled its new visual identity and first brand campaign, signifying a new chapter of growth. It also announced its portfolio of projects under construction worth over AED13 billion ($3.54 billion) on Yas Island and across the emirate, with three new projects coming soon. The new visual identity was revealed at an internal event, ...

Europe’s near-term natural gas supply glut means more fuel for Asia this winter. Liquefied natural gas (LNG) suppliers are already looking to redirect shipments to Asia for delivery from November onward due to more attractive prices. Asia LNG spot prices jumped above the European gas benchmark for the first time since June earlier this week. This is a reversal: For much ...

Germany is preparing for a worst-case scenario in which it needs to double financial aid to Uniper SE, the nation’s biggest gas supplier, to $60.14 billion. Uniper’s financial situation is worsening with an expected adjusted net loss of $3.2 billion for the first nine months of the year as it buys more expensive wholesale gas to meet supply contracts after ...

The US health-care system needs more nurses. Nursing schools aren’t producing enough graduates, young workers are quitting, and older ones are retiring early. Throughout the pandemic, widespread shortages reduced the quality of care and even cost lives. To bolster the workforce and better prepare for the next crisis, the US must invest in its domestic pipeline and clear hurdles for ...

Rachel Sanderson If Giorgia Meloni had expected a straightforward passage to becoming Italy’s first woman prime minister, she hadn’t counted on her coalition ally Silvio Berlusconi’s enduring desire to control. Italy’s three-time premier started undermining her far-right government even before its ministers were named. But Meloni has something to learn from Berlusconi too. He provides a cautionary tale for all ...

L’Oreal SA said there are signs that shoppers are trading down to cheaper skincare products in fresh evidence that soaring inflation is eroding household budgets. The change in consumer behaviour is most pronounced in the UK “where the inflation is the highest,” with trading down affecting the skincare category there but not haircare nor fragrance, said Chief Executive Officer Nicolas ...

Some bondholders of Hong Kong Airlines are seeking to block a $6.2 billion debt restructuring plan, which they say treats them unfavorably compared with the company’s owner and its affiliates. The ad-hoc group, representing some holders of perpetual notes and advised by law firm Allen & Overy, will vote down a proposal to reduce the debt of the embattled carrier ...