Abu Dhabi / WAM The Emirates Red Crescent (ERC) launched the first phase of a vaccination programme for tens of thousands of refugees and displaced persons in Jordan and Iraq as part of the medical assistance provided by the UAE’s primary humanitarian arm to help the two nations confront the Covid-19 pandemic and to speed up the recovery drive. This is ...
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UAE alarmed by escalating spiral of violence in Israel and Palestine
ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has expressed the UAE’s grave concern over the escalating spiral of violence in Israel and Palestine and offered condolences to all victims of the recent fighting In a statement, HH Sheikh Abdullah bin Zayed said, “The UAE is alarmed by the escalating ...
Read More »Free entry to Sharjah museums on May 18
Sharjah / WAM This year, Sharjah Museums Authority (SMA) is marking International Museum Day with free entry on May 18 to its museums across emirate. SMA will also be hosting a virtual session on that day which will discuss the future of Sharjah’s museums and tourism scene amidst pandemic. Titled ‘The Future of Museums Recover and Reimagine (Real and Virtual ...
Read More »DCT Abu Dhabi to unveil plans to resume tourism at ATM 2021
Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) will participate at this year’s edition of the Arabian Travel Market (ATM), the largest in-person travel and tourism event to physically take place in over a year. Now in its 28th year, ATM 2021 will be delivered in a hybrid format, with an on-ground ...
Read More »Dubai announces new rules for LPG trading
Dubai / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Supreme Council of Energy (DSCE), has issued Directive No. 3 of 2021 on the regulation of Liquefied Petroleum Gas (LPG) trading, in order to protect the environment and society, by implementing the highest standards of safety and security. This includes the transportation, storage, and distribution of LPG, ...
Read More »ITC offers PayBy in all Abu Dhabi taxis
ABU DHABI / WAM The Integrated Transport Centre (ITC) of the Department of Municipalities and Transport announced that starting Sunday, taxis will start accepting cashless fare payments through PayBy. This new feature offers convenience, security, and a variety of payment options. It also reinforces levels of passenger safety using taxis, and enhances the quality of services provided to passengers through ...
Read More »US, EU set to reach temporary tariff truce over metals dispute
Bloomberg The Biden administration is set to announce it’s reached a truce in a dispute with the European Union (EU) over metal tariffs, sparing iconic products from a doubling of EU duties next month, people familiar with the matter said. A resolution could be announced as soon as Monday, said the people. At issue is a high-profile dispute that started ...
Read More »Joe Biden’s $86 billion pension rescue set to boost corporate bonds
Bloomberg US President Joe Biden’s pension bailout might do more than just support troubled retirement plans. It could also spur tens of billions of dollars in demand for corporate bonds with the lowest investment-grade ratings, according to Citigroup Inc. Struggling multi-employer pensions, which are often tied to unions, will be able to apply for special financial assistance, thanks to the ...
Read More »Brazil’s currency will strengthen with reforms, says economy chief
Bloomberg Brazil’s economy czar has a candid assessment of his three-year relationship with Jair Bolsonaro: both men trust each other and continue to push for key reforms, although the president’s support for his minister’s pro-market agenda has been waning. Paulo Guedes told Bloomberg News that key proposals to overhaul the country’s tax system and curb public-sector costs will be approved ...
Read More »Colombian GDP smash forecasts in Q1
Bloomberg Colombia’s economy grew much faster than expected at the start of the year, with record low interest rates supporting a revival in domestic demand. Gross domestic product (GDP) expanded 2.9% in the first three months of the year from the previous quarter, more than three times the 0.9% median forecast from analysts surveyed by Bloomberg. GDP rises 1.1% from ...
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