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BLOOMBERG Dutch Prime Minister Mark Rutte announced that he is leaving politics after his coalition government collapsed amid infighting over migration policy. Addressing Dutch lawmakers in The Hague, Rutte said that he is stepping down as leader of his party after 13 years in power. The country’s longest-serving premier had been facing a vote of no confidence in parliament but ...

BLOOMBERG Germany can’t make good on its Nato commitment to spend at least 2% of economic output on the military in the longer term unless it increases its core defense budget markedly, according to the Ifo Institute. Shifts in some spending out of the regular budget mean Germany will have to use about one-third of its €100 billion special armed ...

BLOOMBERG Joe Biden was expected to meet Prime Minister Rishi Sunak for talks on Ukraine during a brief visit to the UK on Monday, after allies questioned the US decision to send cluster bombs to support Volodymyr Zelenskiy. “Our relationship is rock solid,” the US president said as he met Sunak in Downing Street. “Couldn’t be meeting with a closer ...

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a cable of congratulations to Salva Kiir Mayardit, President of the Republic of South Sudan, on his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin ...

ABU DHABI / WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, visited Das Island to lay the cornerstone of a new hospital and residential complex. The infrastructure expansion marks an important milestone in ADNOC’s low-carbon growth strategy as the company accelerates its efforts to deliver the maximum energy safely and sustainably with minimum emissions ...

ABU DHABI / WAM The Higher Organising Committee for the Global Media Congress (GMC Higher Organising Committee) has announced that the second edition of the Global Media Congress (GMC 2023) will be held from November 14-16 at the Abu Dhabi National Exhibition Centre (Adnec) under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister ...

DUBAI / WAM Dubai has consistently been rated as one of the ‘world’s best cities to drive’ with exceptional ratings in measures like traffic congestion and road and public transport quality. Now, the city is set to add a compelling eco-friendly dimension to its world-leading driving experience with an ambitious plan to expand its electric vehicle (EV) charging infrastructure. Dubai ...

SHARJAH / WAM Sharjah Chamber of Commerce & Industry (SCCI) has begun accepting applications for Sharjah Excellence Award 2023, urging businesses to avail the opportunity to have their best practices recognised. SCCI announced that registration for the new edition is now open on the award’s website, SHJSEEN (www.shjseen.ae), and will remain so until the end of next November. The participants ...

BLOOMBERG Portugal hired Ernst & Young (EY) and Banco Finantia SA to carry out valuations of TAP SA as part of a plan to sell a stake in the state-owned airline. No details about timing were included in the emailed press release from Portuguese state holding company Parpublica. Finance Minister Fernando Medina had said that the decree that starts TAP’s ...

BLOOMBERG Air France-KLM said it may be forced to adjust operations after the Dutch government won permission to curtail capacity at Amsterdam Schiphol, the main airport for the KLM subsidiary. The number of flights at Schiphol airport can be scaled back between the end of the year and October 2024, an appeals court ruled, revoking an earlier decision by a ...