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Abu Dhabi unveils new customer relationship management platform

Abu Dhabi / WAM The Department of Government Support, which is represented by the Abu Dhabi Digital Authority (ADDA) announced the launch of the new Customer Relationship Management platform for the Abu Dhabi Government. The platform aims to improve customer experience as new services and solutions will now be provided to end users, enabling them to complete their transactions with ...

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d3 Architecture Festival 2020 launched

dubai / WAM Dubai Design District (d3) on Saturday launched the inaugural d3 Architecture Festival in partnership with the Royal Institute of British Architects Gulf Chapter (RIBA Gulf Chapter) establishing the emirate’s first platform to showcase regional architecture, urbanism and sustainable development. The inaugural edition is set to run from November 11-13 on the sidelines of Dubai Design Week, held ...

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Number of operating firms in Jumeirah reaches 3,648

Dubai / WAM A report by the Business Registration and Licensing (BRL) sector of Dubai Economy shows that the number of operating businesses in Jumeirah reached 3,648 to date. According to a press release issued by Dubai Economy on Saturday, the licences issued according to the activities are: commercial (1,919), professional (1,663), tourism (48) and industrial (18). In terms of ...

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History not yet repeated

Seventy-five years ago, three days after the first use of a nuclear weapon, the second occurred. There has not been a third in the subsequent 27,394 days. One of humanity’s remarkable achievements is this absence of something. President Harry S Truman, who ordered the bombings of Hiroshima and Nagasaki, did not learn about the existence of the Manhattan Project that ...

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Bank of England is playing with fire

The Bank of England (BOE) risks being in a category of one. In its quarterly monetary policy report, it presented a surprisingly chipper assessment of how it expects the UK to recover from the pandemic lockdown. Its relative optimism was in jarring contrast to the gloom that’s engulfed Britain’s big lending banks. BOE Governor Andrew Bailey has had a decent crisis ...

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Truth is first casualty of the pandemic finance

The true financial cost of Covid-19 is something India would rather not acknowledge, let alone bear — at least not until the pandemic has played out. That explains why the central bank allowed a one-time restructuring of corporate and personal loans that have been under stress ever since Prime Minister Narendra Modi put the country under a severe lockdown in ...

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How Covid-19 chilled credit card in the US!

In case it wasn’t obvious by now, the economic downturn in America has been most unusual during the past several months. But just to hammer home the point, the Federal Reserve Bank of New York’s Report on Household Debt and Credit for the second quarter, disclosed that total household debt decreased in the three months through June for the first ...

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Crashed Air India jet’s black boxes found; death toll 18

Bloomberg The black boxes of an Air India Express jet that crashed, killing at least 18 people, has been recovered after authorities completed the rescue operation. The digital flight data recorder and cockpit voice recorder can help investigators piece together what caused the Boeing Co 737 to skid off the runway and break apart while attempting to land on August ...

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Airbus plane deliveries increase 36% in July

Bloomberg Airbus SE delivered 49 new jets to its customers last month, overcoming travel restrictions and virus-afflicted demand to post its third straight monthly increase. The July tally, achieved solely with narrow-body aircraft, marked a 36% increase from the 36 handovers recorded in June, according to a statement. Airbus registered four new orders during the month and had no cancellations ...

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UK’s Virgin Atlantic secures US recognition for restructuring

Bloomberg Virgin Atlantic Airways Ltd was granted US bankruptcy protection as the carrier controlled by Richard Branson pursues a 1.2 billion-pound ($1.6 billion) rescue plan in the UK. The provisional ruling by US Bankruptcy Judge Michael E Wiles in Manhattan protects the airline’s American assets and ensures that the debt reorganisation will be overseen under the British legal process. After ...

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