ABU DHABI / WAM The Federal Tax Authority (FTA,) completed its preparations to join the Third Generation of the UAE’s eDirham system, which has been launched by the Ministry of Finance (MoF) to facilitate the collection of state fees and revenues and to provide further options for paying government fees using the latest technology in accordance with the best safety ...
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ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) said it carried out over 78,483 additional Covid-19 tests in the country over the last 24 hours, using the latest testing methods. The ministry said in a statement that the intense testing drive uncovered 1,064 new cases of various nationalities, who are all in a stable condition and receiving ...
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Bloomberg Power supply was restored in most parts of India’s financial capital after its worst blackout in decades disrupted transport networks and briefly hit trading volume in bond markets. Mumbai, home to India’s biggest stock exchanges, financial regulators and the central bank, witnessed a power failure at around 10 am local time. Power tripping — or an overload in the ...
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Bloomberg An Indian court has reached out to a group of Chinese banks that are trying to recover money from Anil Ambani, in the latest twist in a personal bankruptcy case against the former billionaire. The trio of Chinese lenders won a ruling in a London court in May after pursuing Ambani for more than $700 million in a dispute ...
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Bloomberg China will take part in a World Health Organization-backed effort to provide a coronavirus vaccine to developing nations, filling a void in global health leadership after US President Donald Trump spurned the program. Beijing joined the $18 billion Covax initiative that aspires to give lower-income countries the same access to vaccines as wealthier nations. The move came despite China ...
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Bloomberg A slew of luxury hotels opening in Thailand amid the Covid-19 pandemic are pinning their hopes on a government plan to lure high-spending tourists, betting those seeking five-star quarantine will help cushion the devastation wrought on the travel industry. About half-a-dozen luxury hotels that opened in Bangkok during the pandemic, or will open soon, from Four Seasons, Kempinski and ...
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Bloomberg President Xi Jinping is set to visit Shenzhen this week to shore up plans to make southern China a global technology hub, prompting Hong Kong leader Carrie Lam to delay an annual economic policy address. Xi is scheduled to deliver an address on Wednesday and meet the leaders of Hong Kong and Macau, the official Xinhua News Agency said ...
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Abu Dhabi / WAM A renewable-energy project in the Maldives, financed by Abu Dhabi Fund for Development (ADFD), has received a certification from Global Innovation Institute (GINI) an international professional certification, accreditation and membership association in the field of innovation. The first of its kind initiative, for which ADFD provided a concessional loan of AED22 million ($6 million) in 2015, ...
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ABU DHABI / WAM Air Arabia Abu Dhabi has announced the introduction of a new service to Nepal’s capital city Kathmandu with direct flights from Abu Dhabi starting on October 17. According to Air Arabia, the new service represents the eighth route for Air Arabia Abu Dhabi since the launch of the carrier’s service from Abu Dhabi International Airport on ...
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ABU DHABI / WAM ADQ, a public joint stock company with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s economy, announced on Sunday the launch of “Q Market Makers” (QMM). The new market maker began trading on Sunday on Abu Dhabi Securities Exchange (ADX). Market makers are key market participants that provide a highly effective means ...
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