Bloomberg National carrier Vietnam Airlines JSC will provide flights to San Francisco and Washington DC for Americans in early May, according to a posting on the website of the US Embassy & Consulate in Vietnam. The flights were arranged after most international flights to and from Vietnam were suspended due to the novel coronavirus outbreak. The first flight is scheduled ...
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Adnoc, ADPower enter JV for sub-sea transmission system
ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), and Abu Dhabi Power Corporation (ADPower) announced on Monday the issuance of a joint tender for a first-of-its-kind project in the Middle East & North Africa (Mena) region. The joint tender sets out to develop and operate the region’s first high-voltage, direct current, HVDC, sub-sea transmission system, that will ...
Read More »Oil slips back below $15 on glut as producers start cuts
Bloomberg Oil dropped back below $15 a barrel as swelling global crude stockpiles made it more difficult for leading producers to balance the market by curbing output. Futures in New York slid 16%, snapping a four-day gain. While US drilling is sliding and Saudi Arabia started reducing output ahead of the start date for Opec+ supply cuts, an immense glut ...
Read More »Saudi inks SR995m deal with China to provide 9 million Covid-19 tests
RIYADH / WAM The government of Saudi Arabia signed a SR995 million contract with China to provide nine million Covid-19 tests for nine million people in the Kingdom. The Saudi Press Agency (SPA) reported that the decision came “as a result of a phone call made between the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud ...
Read More »India considers $39b small-business loans
Bloomberg India is considering a proposal to guarantee as much as 3 trillion rupees ($39 billion) of loans to small businesses as part of a plan to restart Asia’s third-largest economy, which is reeling under the impact of a 40-day lockdown, people with knowledge of the matter said. Under the proposal, small firms will be eligible to borrow an additional ...
Read More »Adafsa offers 142,000 services in Q1 of 2020
ABU DHABI / WAM The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) executed 142,063 transactions for the public through its digital channels and customer service centres across the emirate of Abu Dhabi, during the first quarter of 2020. The number of services conducted using the ADAFSA’s smart application and website reached 138,423, accounting for 97.4 percent of the total ...
Read More »Arab Reading Challenge to promote reading among students
Dubai / WAM The Arab Reading Challenge (ARC) initiative has announced holding online interactive sessions on Instagram to promote reading among students. Through eight interactive sessions during the Holy Month of Ramadan, children’s books authors, experts and media figures will address a variety of topics on reading and share tips on book selection, storytelling and writing. The sessions, to broadcast ...
Read More »Abu Dhabi Commercial Court conducts 579 remote trials
ABU DHABI / WAM The Abu Dhabi Commercial Court has held 579 remote trials with various litigation degrees of First Instance and Appeal, through video-conference system, since the activation of the remote work plan of the Abu Dhabi Judicial Department (ADJD). According to detailed information, the judges of the Commercial Court held 165 hearings in the Chambers of First Instance, ...
Read More »MFNCA forms ‘Youth Council’
ABU DHABI / WAM The Ministry of State for Federal National Council Affairs (MFNCA) formed a ‘Youth Council’ in coordination with the Federal Youth Authority to empower youth and enable them to play their part in serving their country, in line with the UAE’s leadership directives. In a statement by the ministry on Monday, the MFNCA’s Young Employees Council will ...
Read More »Webinar on supply chain and worker safety held
Dubai / Emirates Business Dubai Chamber’s Sustainability Network organised a webinar on ensuring the continuity of the supply and distribution chain and protecting workers in light of the challenges businesses are facing due to Covid-19. The webinar, titled “Covid 19: Responding to the Pandemic to Ensure Supply Chain Continuity and Worker Safety†organised by the Supply Chain Task Force. It ...
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