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Abu Dhabi / WAM The UAE’s decisive and swift handling of the Covid-19 crisis, has shown the efficiency of the measures taken since the outbreak of pandemic. Administering more than four million Covid-19 vaccine doses and conducting over 26 million tests is yet another proof that the UAE is confidently striding towards recovery, thanks to the vision of our wise ...

Abu Dhabi / Emirates Business As the world assess the impact of Covid-19 pandemic, few things are becoming increasingly clear. One – in the short run (till we have herd immunity or effective vaccine available for all) we have to learn to live with the virus by maintaining the social distancing and be careful in our movements. Second – some ...

Bloomberg A former Royal Dutch Shell Plc natural gas trader in Houston pleaded guilty to a criminal charge related to his role in an illegal scheme that started in 2013 in which he sought to profit by using non-public information obtained from the company. Marcus Schultz disclosed the information to other traders and brokers in a conspiracy to profit from ...

Bloomberg The US and China’s top diplomats sparred on democracy and human rights in a phone conversation which was the highest level of communications between the two countries since the Biden administration began. Secretary of State Antony Blinken “stressed” to Yang Jiechi, who sits on the Communist Party’s 25-member Politburo, that the US will keep standing up for human rights ...

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has said that the “National Environment Day” marked for the twenty-fourth year in a row is an important occasion in which the country renews commitment to preserve the environmental resources and natural wealth. In a speech marking the 24th National Environment Day, Sheikh Khalifa said, “We celebrate ...

Abu Dhabi / WAM Over 26 global industry leaders, specialists, and experts will attend the International Defence Conference 2021, held under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, on February 20. Held as a hybrid event for the first time in its history, the conference will be held both at the Adnoc Business Centre, as ...

Ras Al Khaimah / WAM The National Bank of Ras Al Khaimah (Rakbank) announced a consolidated net profit of AED 505.4 million for the full-year of 2020. In a statement on Wednesday, Rakbank said, “The bank’s results reflect the impact of the pandemic on our customers and the economy whereby total assets stood at AED 52.8 billion, and gross loans ...

ABU DHABI / WAM The Abu Dhabi Emergency, Crisis and Disasters Committee, has approved the resumption of in-classroom education for all grades in Abu Dhabi schools from February 14, while keeping e-learning as an option until the end of the school year. In a statement the committee said it “has approved a preventive protocol specific to the schooling community, encompassing ...

Bloomberg Nigerian independent producer Heirs Oil & Gas Ltd plans to restore an oil block acquired from Royal Dutch Shell Plc to its former output levels to make it one of the country’s biggest local operators. Heirs finalised its purchase of an operating stake in a permit known as Oil Mining Lease 17 in a deal worth more than $1 ...

Bloomberg Myanmar authorities filed criminal charges against former leader Aung San Suu Kyi for possessing illegally imported walkie-talkies just days after the military ousted her government in a coup. Suu Kyi was charged for breaching an import-export law and faces as many as three years in prison if convicted. The police incident report indicated that unauthorised telecommunications equipment was found ...