Bloomberg Canada’s labour market weakened for a second month amid widespread restrictions to control a third wave of Covid-19. The economy lost 68,000 jobs in May, Statistics Canada reported in Ottawa. That adds to the 207,100 positions lost in April. The unemployment rate rises to 8.2%, from 8.1%. Economists in a Bloomberg survey had predicted a loss of 25,000 jobs, ...
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US-China trade relationship significantly imbalanced: Tai
Bloomberg The trade relationship between the two largest economies in the world has “significant imbalance†and the Biden administration is committed to leveling it, according to the US trade representative. “There are parts of this trade relationship that are unhealthy and have over time been damaging in some very important ways to the US economy,†Trade Representative Katherine Tai told ...
Read More »Abu Dhabi Terminals inks deal with Microsoft
ABU DHABI / Emirates Business Abu Dhabi Terminals, in the presence of His Excellency Omar bin Sultan Al Olama, UAE Ministry of Artificial Intelligence (AI), has announced a partnership agreement with Microsoft that heralds the next phase in the digital transformation of Abu Dhabi’s flagship maritime asset, Khalifa Port. The landmark partnership will enable enhanced container tracking and autonomous shuttle ...
Read More »Abu Dhabi International Book Fair concludes
ABU DHABI / WAM Under the patronage of HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Abu Dhabi International Book Fair (ADIBF) has concluded a successful 30th edition. The fair’s return as a physical event saw an impressive footfall and registered a significant increase in book sales ...
Read More »India collected $14 billion as GST amid lockdowns in May
Bloomberg India last month collected 1.03 trillion rupees ($14 billion) under the goods and services tax, lower than a record mop-up of 1.41 trillion rupees in April, as key cities remained under strict curbs to check the spread of new coronavirus infections. Revenue collection was 27% lower than April but remained above a trillion rupees for the eighth month in ...
Read More »MoHRE sees 50% rise in new establishments
ABU DHABI / WAM Nasser bin Thani Al Hamli, Minister of Human Resources and Emiratisation, announced a 50% increase in new establishments that opened a registry in the ministry during the first four months of 2021 compared to the same period in 2019. During that period, the number increased from 17,701 in 2019 to 26,609 establishments in 2021, with expectations ...
Read More »MoHRE sees 50% rise in new establishments
Abu Dhabi / WAM Nasser bin Thani Al Hamli, Minister of Human Resources and Emiratisation, has announced a 50 percent increase in new establishments that opened a registry in the ministry during the first four months of 2021 compared to the same period in 2019. During that period, the number increased from 17,701 in 2019 to 26,609 establishments in 2021, ...
Read More »ADIBF’s 30th edition concludes
Abu Dhabi / WAM Under the patronage of HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Abu Dhabi International Book Fair (ADIBF) has concluded a successful 30th edition. Organised by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and managed by the Abu ...
Read More »Seha provides exceptional health care for senior citizens
Abu Dhabi / WAM The Abu Dhabi Health Services Company (Seha) attaches great importance to senior citizens and is keen to provide them with high quality health care according to the highest international standards. In a statement to the Emirates News Agency (WAM), Dr Marwan Al Kaabi, Group Chief Operations Officer at Seha, said that the company – in line ...
Read More »Sheikh Mohamed, Libya’s top official discuss bilateral ties
Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has emphasised the UAE’s unwavering position towards supporting Libya and achieving the aspirations of its people towards stability, development and unity. This was stated when His Highness Sheikh Mohamed bin Zayed received on Saturday ...
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