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Etisalat launches ‘easy prepaid’ feature for business mobile lines

DUBAI / Emirates Business Etisalat on Sunday announced the launch of ‘Easy Prepaid,’ enabling business customers to enjoy a prepaid feature on their existing postpaid mobile plan. With this new hybrid capability, customers can now switch between prepaid and postpaid features without the need to change their existing number. They can also recharge their credit, make out-of-bundle calls and subscribe ...

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Digital technologies to play major role in Covid-19 fight

ABU DHABI / WAM The UAE Minister of Economy, Sultan bin Saeed Al Mansouri, has participated in the extraordinary G20 Digital Economy Ministerial Meeting, which was attended by economic ministers of all G20 member states. The meeting was held virtually, under the presidency of the Kingdom of Saudi Arabia, which is also the host of G20 meetings this year. During ...

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Abu Dhabi disinfects 41 shopping malls

ABU DHABI / WAM Abu Dhabi Municipality (ADM), an affiliate of the Department of Municipalities and Transport, carried out a campaign to disinfect major shopping centres in Abu Dhabi city and the mainland, as part of the National Disinfection Programme, which was launched by the Ministry of Health and Prevention, to prevent the spread of coronavirus (Covid-19). The campaign covered ...

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UAE condemns North Sinai attack, expresses solidarity with Egypt

ABU DHABI / WAM The UAE has strongly condemned the attack on an armoured vehicle in North Sinai, Egypt that resulted in the death and wounding of a number of soldiers. In a statement, the Ministry of Foreign Affairs and International Cooperation emphasised that the UAE utterly condemns these criminal acts and rejects all forms of violence and terrorism aimed ...

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Hong Kong’s Chan warns city could face deepest slump

Bloomberg Hong Kong Financial Secretary Paul Chan warned the city could be hit by its worst economic slump on record even as authorities prepare to ease some lockdown measures amid signs the coronavirus outbreak has been contained. Reiterating a forecast for a contraction of 4% to 7% this year, Chan said in a blog post on Sunday that the low-end ...

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Thai developer cuts prices to stress sales

Bloomberg Thai property developer Sansiri Pcl is placing sales ahead of profitability as it looks to generate cashflow to survive the coronavirus pandemic. The Bangkok-based group, which builds high-end condominiums in cities around the Southeast Asian nation, is offering aggressive discounts and other promotional campaigns in an attempt to lure buyers. It expects to revise its annual sales target after ...

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Singapore unveils new plan on healthcare facilities amid virus

Bloomberg Singapore’s government outlined a plan to expand healthcare facilities for foreign workers as coronavirus cases in the city-state jumped, reversing a downward trend. The Ministry of Health confirmed an additional 932 cases, the vast majority of whom are work permit holders residing in foreign worker dormitories. Five are Singaporeans or permanent residents. That brings total confirmed cases to almost ...

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India runs special trains to help people reach home

Bloomberg India has started running special trains to help people separated from their families by a nationwide lockdown to reach back home. The government started running the trains from May 1 to move migrant workers, pilgrims, tourists, students and other people stranded across the country due to the lockdown, the Ministry of Home Affairs said. The lockdown, which was scheduled ...

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Covid-19: Indian carmakers witness zero sales in April

Bloomberg India’s top carmakers couldn’t ship a single vehicle to dealers in April as they shut production after Prime Minister Narendra Modi announced the world’s biggest stay-at-home restrictions to stop the coronavirus from spreading. Maruti Suzuki India Ltd, which produces about half the cars on India’s roads, and Mahindra & Mahindra Ltd, the nation’s biggest SUV maker, recorded no sales ...

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Exxon posts historic loss on rout with Chevron in retreat

Bloomberg Exxon Mobil Corp posted its first loss in at least three decades and Chevron Corp. slashed $2 billion off its spending plan, the latest concrete signs of the financial devastation the coronavirus pandemic will inflict on the oil giants for months, if not years, to come. Exxon reported a $610 million loss on May 01, the oil giant’s first ...

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