Abu Dhabi / WAM The Emirates Development Bank (EDB) has announced that its Business Banking App has supported more than 500 UAE-based SMEs and start-ups by opening accounts for them in less than 48 hours over the past three months, reinforcing its growing demand and the significance. Designed to support the SMEs operating within the UAE, the app offers ...
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Tajikistan exempts Emirati nationals from pre-entry visa
Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation (MoFAIC) has announced that UAE nationals with diplomatic, special and normal passports can now travel to the Republic of Tajikistan without pre-entry visas and for stays of up to 30 days for each visit. The decision comes into effect on January 1, 2022. Entry to Tajikistan for ...
Read More »Dubai Chamber adopts 4.5-day working week
DUBAI / WAM Dubai Chamber has announced that it will shift to a 4.5-day working week starting January 3, 2022, in a move that falls in line with a newly approved work week for the UAE federal government employees. The official working hours will be 9 working hours per day Monday-Thursday, from 8:00 until 17:00, and four working hours ...
Read More »Jebel Ali Port receives Kaiso Line’s MV Atlantic Pioneer
Dubai / WAM DP World’s flagship Jebel Ali Port received MV Atlantic Pioneer, the first vessel from Kaiso Line, an Indonesia-based shipping company at its container terminal. The vessel left Jakarta on November 26 and reached the UAE on December 11. The call demonstrates how Jebel Ali Port is a vital link in the global trade network, connecting markets ...
Read More »Warba Bank lists $250mn sukuk on Nasdaq Dubai
DUBAI / WAM Shaheen H Al-Ghanem, CEO of Warba Bank, a leading Kuwaiti Islamic Bank, Tuesday rang the market-opening bell to celebrate the listing of the bank’s $250 million perpetual Tier-1 Sukuk on Nasdaq Dubai, in the presence of Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market (DFM). This is the third Sukuk listing by Warba Bank ...
Read More »Xposure 2022 to kick off on February 9
Sharjah / Gulf Time The sixth edition of Xposure International Photography Festival – the largest premier photography and imaging show in the Mena region – is all set to expand the visual literacy of audiences in the UAE through the lens of internationally renowned photographers whose compelling and insightful perspectives and the causes they champion will be unveiled to ...
Read More »What to expect from energy, Bitcoin and climate in 2022
The coming year may be one of the most crucial for the global energy system and the climate that absorbs so much of its carbon dioxide waste. After the pandemic collapse of 2020 and the chaotic restart of economies over the past year, 2022 will be the first time we can get a picture of what normality might be ...
Read More »Consumers prepare to tighten up
The past year saw a shift in consumer habits that was broadly helpful to the retail sector: Not only did we go to restaurants again and buy more glamorous attire, we also continued to spruce up our homes and shop online. This meant that even with supply chain snarl-ups, most consumer companies had a pretty good 2021. This coming ...
Read More »Video game industry and gender stereotypes
The video-game business has a long and troubled history of gender stereotypes. A round of scandals at multiple gaming companies offered a sad reminder that the industry has a lot more to do to fix its culture and, eventually, repair its reputation. But the situation isn’t hopeless. As a hit release from Sony shows, there is a big market ...
Read More »Do Israelis really need a fourth Covid shot?
Israeli Prime Minister Naftali Bennett announced that, in response to the Omicron mutation sweeping Africa and Europe, Israel would be inoculating its vulnerable population with a fourth round of Pfizer vaccine, a booster to the booster. “The citizens of Israel were the first in the world to receive the third dose of Covid-19 vaccination and we are continuing to ...
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