ABU DHABI / WAM The UAE on Monday sent an aid plane carrying five metric tons of medical supplies to the Democratic Republic of Congo. The aid will assist approximately 5,000 medical professionals as they work to combat the coronavirus (Covid-19) pandemic. Commenting on the aid delivery, Hazza Mohammed Al Qahtani, UAE Ambassador to Rwanda, remarked, “The provision of aid ...
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Germany, Lufthansa agree on $9.8bn bailout package
Bloomberg Germany will offer Deutsche Lufthansa AG a 9 billion-euro ($9.8 billion) bailout that thrusts the state back into the heart of a company privatized with fanfare two decades ago. The aid package involves taking an initial 20% stake that could rise to 25% plus one share in the event of a hostile takeover, according to a statement on Monday. ...
Read More »Zakat Fund offers AED86.28m in aid to 5,109 eligible families
ABU DHABI / WAM The Zakat Fund has offered aid valued at AED86.3 million to 5,109 eligible families since the start of 2020. The number of new cases reached 2,764 families affected by the coronavirus crisis, with 93.3 percent being eligible for Zakat. Abdullah bin Aqeedah Al Muhairi, Secretary-General of the Zakat Fund, said that the fund receives Zakat requests ...
Read More »SDTPS inaugurates new landmark in Sharjah
SHARJAH / WAM Under the patronage of His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, Engineer Salah Bin Butti Al Muhairi, Adviser to the Sharjah Department of Town Planning and Survey, inaugurated the Khorfakkan Monument, designed to be a traditional Arabian Incense Burner Statue, to be a symbol of “Mabkhara” and built ...
Read More »Abu Dhabi sets guidelines for reopening of hotels
ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi has shared detailed guidelines with the emirate’s hotels in preparation for granting approvals to reopen the establishments’ restaurants, lounges, beaches, pools and gyms. Having closed due to health and safety precautionary measures imposed to contain the spread of the Covid-19 virus, hotels will now be able to ...
Read More »Seha receives over 60,000 calls on Estijaba hotline
ABU DHABI / WAM In collaboration with the Department of Health Abu Dhabi, the Abu Dhabi Health Services Company (Seha), UAE’s largest healthcare network, has announced receiving more than 60,000 calls via the Estijaba hotline in March and April with enquiries, comments and appointment or screening requests related to Covid-19 since the outbreak of virus in the UAE. During this ...
Read More »UAE sends medical aid to Congo in fight against Covid-19
ABU DHABI / WAM The UAE on Monday sent an aid plane carrying five metric tons of medical supplies to the Democratic Republic of Congo. The aid will assist approximately 5,000 medical professionals as they work to combat the Covid-19 pandemic. Commenting on the aid delivery, Hazza Mohammed Al Qahtani, UAE Ambassador to Rwanda, remarked, “The provision of aid today ...
Read More »UAE emphasises on confidence-building measures to promote cyber security at UNSC
NEW YORK / WAM UAE emphasised the importance of implementing confidence-building measures and for Member States that have experience in implementing existing cyber norms to share their lessons learned best practices in a UN Security Council meeting on cyber stability, capacity building and conflict prevention. “Although the digital environment is increasingly being used for malicious activity, we should not lose ...
Read More »Rival plans for EU crisis fund signal bumps in road to come
Bloomberg European Union (EU) governments are trying to forge a consensus over how to provide aid to the countries hardest hit by the coronavirus pandemic. With France and, crucially, Germany proposing a jointly-financed recovery fund to help the region cushion the blow from the steepest recession in living memory, the outcome of the talks could determine the bloc’s future direction ...
Read More »Peak fossil fuels is next test for Russia’s battered economy
Bloomberg The economy of the world’s biggest energy exporter is heading for its deepest slump in more than 10 years due to the fallout from the coronavirus. A bigger crisis may be just around the corner. Analysts at the Kremlin-funded Skolkovo Energy Center warned this month that the nation faces years of economic stagnation as demand for its carbon-heavy exports ...
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