Dubai / WAM The UAE Ministry of Culture and Youth has signed a Memorandum of Understanding (MoU) with the Ministry of Culture, Sports and Tourism of the Socialist Republic of Vietnam, for cooperation in culture encompassing antiquities, heritage, arts and libraries. The two countries have agreed to support cultural and creative industries and talented people, exchange knowledge, encourage a ...
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Ajman sees 41% growth in commercial licenses in 2021
Ajman / WAM The growth rate of the number of economic licences issued by the Department of Economic Development in Ajman (Ajman DED) during the 2021 reached 41 percent, while the number of establishments reached 27,913, and the Labour Resilience Index reached 17 percent. The efforts and initiatives launched by the Ajman DED during the 2021 have resulted in ...
Read More »UAE signs pact with Vietnam to enhance cultural cooperation
DUBAI / WAM The UAE Ministry of Culture and Youth has signed a Memorandum of Understanding (MoU) with the Ministry of Culture, Sports and Tourism of the Socialist Republic of Vietnam, for cooperation in culture encompassing antiquities, heritage, arts and libraries. The two countries have agreed to support cultural and creative industries and talented people, exchange knowledge, encourage a ...
Read More »â€˜Make a Wish Foundation’ fulfills wishes of 610 children
Abu Dhabi / WAM The Make a Wish Foundation announced that it fulfilled the wishes of 610 children from 31 nationalities suffering from dire medical conditions in 2021, noting it has fulfilled 5,000 wishes since its launch in 2010. Sheikha Sheikha bint Saif bin Mohammed Al Nahyan, Honorary Chairperson and Life Patron of the “Make a Wish” Foundation UAE, ...
Read More »RTA holds workshops on customer needs
DUBAI / WAM Dubai Roads and Transport Authority (RTA) has held a series of workshops over three days for 100 service beneficiaries under the theme: Identifying Future Expectations of RTA’s Customers. The workshops were part of a brainstorming programme to screen the current and future needs of customers to uplift the level of services and configure them to meet ...
Read More »Reem Finance-Tadbeer tie up to finance workers’ recruitment
DUBAI / Gulf Time Reem Finance PJSC, a leading company offering financial services across the UAE, announced launching ‘Amala’ program, a unique service to finance hiring domestic workers. The program helps make domestic worker recruitment through Tadbeer centers more attractive. According to the company, this is the first personal finance service offered to the public, as Reem Finance has ...
Read More »German government promises $34 billion in tax relief measures
Bloomberg Germany’s Finance Minister Christian Lindner said the new government is working on tax relief measures of more than 30 billion euros ($34 billion). “In this legislative period, we will relieve people and medium-sized businesses by well over 30 billion euros,†he told German newspaper Bild am Sonntag. Planned measures include the ability to fully deduct contributions to pension ...
Read More »Italy approves $36 billion budget to boost growth
Bloomberg Mario Draghi’s government has won lawmakers’ support for a 32 billion-euro ($36 billion) budget plan for 2022 aimed at supporting Italy’s growth. The bill was approved with a confidence vote in parliament in Rome, and will face a final formal vote. The spending plan — the first drafted by the executive led by the former European Central Bank ...
Read More »Covid-19: UK develops plans to help businesses from absences
Bloomberg The UK government will develop contingency plans to help companies and supply chains avoid disruptions from staff absences due to Covid-19, the Financial Times (FT) reported, citing the Cabinet Office. The government has identified a range of staff-support measures, including former teachers for schools and volunteers in the public sector, the newspaper said. It has asked private businesses ...
Read More »Telefonica targets 2,700 jobs cut in Spain
Bloomberg Telefonica SA reached an agreement with unions in Spain to cut about 2,700 jobs through voluntary redundancies of older workers. The departures are expected to cost about 1.5 billion euros ($1.7 billion) that will be booked in fourth quarter earnings, the company said in a regulatory filing. The plan targets workers turning 55 or older in 2022 and ...
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