ABU DHABI / WAM The Mohamed bin Zayed Majlis for Future Generations (MBZMFG) returns for its third session on March 14, in a completely new format to promote constructive and interactive dialogue under the theme ‘Thriving in The Next Normal’. Held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 173,952 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...

Ras Al Khaimah / WAM The National Bank of Ras Al Khaimah (Rakbank) announced a consolidated net profit of AED 505.4 million for the full-year of 2020. In a statement on Wednesday, Rakbank said, “The bank’s results reflect the impact of the pandemic on our customers and the economy whereby total assets stood at AED 52.8 billion, and gross loans ...

ABU DHABI / WAM The Abu Dhabi Emergency, Crisis and Disasters Committee, has approved the resumption of in-classroom education for all grades in Abu Dhabi schools from February 14, while keeping e-learning as an option until the end of the school year. In a statement the committee said it “has approved a preventive protocol specific to the schooling community, encompassing ...

Bloomberg Nigerian independent producer Heirs Oil & Gas Ltd plans to restore an oil block acquired from Royal Dutch Shell Plc to its former output levels to make it one of the country’s biggest local operators. Heirs finalised its purchase of an operating stake in a permit known as Oil Mining Lease 17 in a deal worth more than $1 ...

The impeachment defense brief of former president Donald Trump mostly consists of three elements, each of which I’ve addressed (and rejected) in previous columns: the purported unconstitutionality of trying the president once he is out of office; his supposed First Amendment rights; and his denial that he incited the attack on the Capitol. But there is something new in the ...

Hong Kong is no stranger to goodbyes. In the lead-up to the 1997 handover to China, thousands left, often for Canada and Australia. Now, hundreds of thousands more may be contemplating a new British immigration program aimed at providing solace to a former colony increasingly in Beijing’s grip. It’s a long-delayed wave of departures from a defunct empire, with all ...

Debt-ridden HNA Group Co, which splashed out over $40 billion on stakes in high-profile companies across the world, has been unwinding and selling down its assets fairly quickly. It didn’t even have to accept bargain-basement prices. The firm has been under the government’s watch for over a year. Why, then, is it going into bankruptcy? In a statement, the airlines-to-insurance ...

The European Commission’s fiasco over the vaccine rollout is above all else a terrible concern because of the potential cost in human lives. It also risks damaging Brussels’ reputation for technocratic competence with regard to its own citizens, giving fresh impetus to euroskeptic forces. It may diminish the European Union’s brand in the world, especially in those countries that might ...

Bloomberg Wizz Air Holdings Plc has a chance to become a force across Europe, using its low-cost structure and financial clout to capture a bigger share of the market when the coronavirus finally lets up. The Hungarian discount carrier has snapped up airport capacity in Italy, Germany, Norway and the UK during the pandemic, but the westward push has been ...