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Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 185,531 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Monday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...

Dubai / WAM Dubai International Financial Centre (DIFC) has announced that its membership of the World Alliance of International Financial Centres (WAIFC) has been unanimously approved by its Board. DIFC will use its membership to collaborate with members who represent other leading global financial centres including London, Frankfurt, Paris, Tokyo and Toronto. As the highest ranked global financial centre in ...

Bloomberg A surge in coronavirus cases in India could hurt the economy’s recovery from a rare recession, as curbs to avoid a new wave creates delays in putting millions who lost their jobs to the pandemic back to work. “There is a restless urgency in the air in India to resume high growth, and incoming data point to even contact-intensive ...

Bloomberg Ant Group Co. created an investment advisory platform on its Alipay app, allowing companies that offer robo adviser services to reach its 1 billion users. Five Chinese asset management companies debuted on the platform known as Tougu Guanjia, which means investment advisory manager. Users will be able to choose robo advisory services from the platform that functions like a ...

Bloomberg South Korea’s exports are set for another monthly gain in March, adding to signs the global economic recovery is taking hold as vaccinations pick up. Exports rise 12.5% in the first 20 days of the month from a year earlier, the customs office reported on Monday, with chips and cars leading the gains. Average daily shipments increased 16.1% during ...

Bloomberg Gold price’s slump to near a nine-month low is drawing jewelry shoppers in Asia to hunt for bargains. After a year of demand being in the doldrums, retailers are buying more of the precious metal to cater to people like Seema B, a 35-year-old housewife who ventured to Mumbai’s Zaveri Bazaar to get new bangles after months of putting ...

Bloomberg More than 20 Western diplomats staged a public show of unity outside a Canadian’s high-profile spying trial, highlighting their shared concern about the risk of arbitrary detention in the country. Representatives from the US, the UK, the European Union and numerous European countries were turned away en masse while attempting to attend the trial of Michael Kovrig. The International ...

Dubai / WAM Dubai Airport Freezone Authority (Dafza) is celebrating its Silver Jubilee year, highlighting its success as one of the leading free zones in the UAE, following outstanding financial and operational results last year. The free zone’s results affirm the effectiveness of its strategic initiatives and economic incentive packages that were launched to overcome the challenges caused by Covid-19. ...

DUBAI / WAM Dubai’s Roads and Transport Authority (RTA) signed a Memorandum of Understanding (MoU) with Sharjah Commerce and Tourism Development Authority (SCTDA) to promote the RTA’s marine transport line for ferry riders between the two emirates. Ahmed Hashim Bahrozyan, CEO of the Public Transport Agency, RTA and Khalid Jasim Al Midfa, Chairman of Sharjah Commerce and Tourism Development Authority, ...

Sharjah / WAM The Big Heart Foundation (TBHF), a UAE-based global humanitarian organisation dedicated to helping refugees and people in need worldwide, received 213 nominations from 41 countries for the fifth edition of the Sharjah International Award for Refugee Advocacy and Support (Siara). Siara 2021 has received 105 nominations from across Africa and 94 from Asia, representing 49 percent and ...