SHARJAH / WAM Expo Centre Sharjah has asked for all forms of support and assistance to help revive the exhibition industry worldwide. The centre also called for the pooling of efforts of those involved in the exhibition industry to overcome the consequences of the novel coronavirus outbreak and to provide expertise and knowledge to support this vital sector, in accordance ...
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Julphar’s shareholders OK capital restructuring
RAS AL KHAIMAH / WAM The shareholders of Gulf Pharmaceutical Industries (Julphar) approved the company’s plan to restructure its capital at its annual general assembly (AGM). Julphar’s Board of Directors had recommended the restructuring of capital in January, and called for the AGM to pass a special resolution for a capital reduction followed by a capital increase by way of ...
Read More »Covid-19: UAE mulls imposing restrictions on some nations
ABU DHABI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) announced that it is studying measures to take with regards to current labour relations with partner countries. A ministry official said that MoHRE is looking into revising current partnerships concerning labour relations with nations refusing to cooperate with evacuation measures undertaken by the UAE to repatriate private sector ...
Read More »NYUAD to connect UAE, US students
ABU DHABI / WAM The Sheikh Mohamed bin Zayed Community Programmes operated by NYU Abu Dhabi (NYUAD) and the Stevens Initiative launched a virtual exchange programme connecting youth from the UAE and the US. The programme, funded by Stevens Initiative, will virtually connect students from the Sheikh Mohamed bin Zayed Scholars Programme (SMSP) at NYUAD with their peers who are ...
Read More »UAE’s Ministry of Economy cuts fees for 94 of its services
ABU DHABI / WAM The UAE Ministry of Economy announced on Sunday the reduction of fees associated to 94 services provided to individuals, companies, and the business sector. The announcement follows the issuance of UAE Cabinet Resolution No. 20 of 2020 regarding services fees issued by the ministry. According to a statement issued by the Ministry of Economy, fee reductions ...
Read More »ADSG signs digital learning agreement with Haykal Media
ABU DHABI / WAM The Abu Dhabi School of Government (ADSG) signed a Memorandum of Understanding (MoU) with Haykal Media to contribute 10,000 licences to the Harvard Business Review’s Arabia platform for Abu Dhabi Government employees, reinforcing the ADSG’s active role in digital learning, as part of Abu Dhabi’s ongoing digital transformation. The licences will provide Abu Dhabi’s government employees ...
Read More »Virus derails Myanmar’s move to open stock market to foreigners
Bloomberg The novel coronavirus outbreak has derailed Myanmar’s move to open its stock market to foreign investors. Only two of the country’s five listed securities have attracted international traders since rules were relaxed on March 20, leaving their foreign-shareholding ratios at minimal levels. Officials had hoped to attract funds from both expatriates and non-resident foreigners. “After two trading days when ...
Read More »Anti-virus curbs must continue: Australia
Bloomberg Australians have done a good job in adjusting to government restrictions and social-distancing measures but it isn’t the right time to begin easing some of those rules, Chief Medical Officer Brendan Murphy said. “It’s really important that we look at what’s happened around the world, where people have released restrictions and had to reimpose them,†Murphy told reporters. Australia ...
Read More »Philippines tycoon urges restart as 1 million jobs cut
Bloomberg The Philippines should gradually reopen the economy and allow businesses to operate at 50% capacity to save jobs, according to Teresita Sy-Coson who helps run an empire ranging from banking to retail under SM Investments Corp. More than 1 million workers were affected by temporary closures, prompting 98% of almost 42,000 establishments to seek assistance for their employees, the ...
Read More »Tokyo reports 166 new cases of Covid-19
Bloomberg Tokyo reported an additional 166 coronavirus cases on Sunday, bringing the total in the city to 2,068. Governor Yuriko Koike released the daily increase in an online briefing. New infections eased from a single-day record gain of 197 marked the previous day. Japan’s Economy Minister Yasutoshi Nishimura urged residents to further limit contact with other people and warned it ...
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