UAE to host international migration, development summit

Abu Dhabi / WAM Preparations are underway for the UAE to host a major international summit on migration, starting Monday. The summit – which is being held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai – will, for the first time, take place entirely ...

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Abu Dhabi updates procedures to enter the emirate

Abu Dhabi / WAM The Abu Dhabi Emergency, Crisis and Disasters Committee for the Covid-19 Pandemic has updated procedures to enter Abu Dhabi from within the country as part of proactive efforts to contain and eliminate the spread of Covid-19. The new procedures are effective from Sunday, January 17. The committee approved allowing entry into the emirate within 48 hours ...

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Sheikh Mohamed, King of Jordan review regional developments

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and King Abdullah II of Jordan, have reviewed several regional and international developments and prospects of further consolidating the fraternal relations between the two nations. During the meeting held on Saturday at Al Shati ...

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UAE is one of world’s safest, most secure countries: Mohammed

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has visited the headquarters of the State Security Department in Dubai, where he praised the country’s state-of-the-art security facilities. His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai; His Highness Sheikh Maktoum ...

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UAE sends fifth medical shipment to Chechnya in fight against Covid-19

ABU DHABI / WAM The United Arab Emirates gifted a fifth shipment containing six metric tons of medical supplies and testing equipment to Chechnya. The shipment, which was offered as a gesture of appreciation in the fight against Covid-19, will assist approximately 6,000 healthcare workers. “The UAE’s efforts to operate an air bridge for emergency medical supplies to assist the ...

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LNG cargo prices rising globally

Bloomberg After years building out export capacity and hiring traders, producers of liquefied natural gas and commodity trading houses are seizing on an unprecedented surge in the price of the fuel. The combination of a severe cold snap in Asia, supply outages and maritime congestion has propelled spot prices for LNG to previously unforeseen heights. The North Asian price benchmark ...

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Exxon SEC probe highlights concerns over shale reserves

Bloomberg The Securities and Exchange Commission (SEC) has been largely silent on the financial wreckage of the US shale industry in recent years, but that may be about to change. The top US financial regulator’s reported investigation into how Exxon Mobil Corp values shale assets follows years of concerns about the industry’s rosy projections, which have left hundreds of billions ...

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Joe Biden’s Covid relief plan isn’t overkill at all

The US never fully recovered from the Great Recession. One of the benefits of the $1.9 trillion Covid relief package unveiled last night by President-elect Joe Biden is that — in addition to helping Americans hurt by the pandemic — it could help America accomplish that goal. At that point, US politics can safely return to arguments about whether tax ...

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Is mask mandate urgent for air travel?

Shortly after the US Capitol was stormed, an American Airlines Group Inc flight from Washington to Phoenix faced its own insurrection. Despite entreaties from flight attendants, some passengers belligerently refused to wear masks and chanted “fight for Trump” and “USA!” The situation became so tense that the pilot took to the intercom and threatened to “put this plane down in ...

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Macron can’t resist the supermarket politics

French President Emmanuel Macron’s knack for top-down statist dirigisme hasn’t been very visible when it comes to rolling out Covid-19 vaccines, with the country’s immunisation campaign among the slowest in the world. But it’s now on full display in the supermarket sector. Finance Minister Bruno Le Maire took to the airwaves to pour scorn on a potential $20 billion bid ...

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