News

Mubadala invests AED1.82b in Europe’s top pet care firm

ABU DHABI / WAM Mubadala Investment Company on Sunday announced that it has invested GBP 350 million (AED1.82 billion) in IVC Evidensia, Europe’s largest veterinary care provider. Headquartered in Bristol, UK, IVC Evidensia operates a network of more than 1,500 veterinary clinics and hospitals in 12 countries across Europe caring for over four million pets. Founded in 2011, the company ...

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UAE condemns Houthi attempt to target Saudi’s Khamis Mushait

ABU DHABI / WAM The UAE has condemned the Iran-backed Houthi terrorist militias’ systematic attempts to attack civilians and civilian objects in Khamis Mushait, Saudi Arabia, with an explosive drone, which was intercepted by the Coalition Forces. In a statement released by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the UAE reiterated that these systematic terror attacks by ...

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India extends $41bn loan guarantee offer to airlines

Bloomberg India expanded an emergency credit program to airlines and hospitals to cushion them from the impact of a wave of coronavirus infections and deaths. The loans, which were previously intended for specific sectors such as small borrowers, can be availed until September 30 or until total guarantees worth 3 trillion rupees ($41 billion) are offered, the Finance Ministry said ...

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Emirates Post, Shurooq ink deal

Abu Dhabi / WAM Emirates Post on Sunday signed a Memorandum of Understanding (MoU) with the Sharjah Investment and Development Authority (Shurooq). The MoU stipulates the launch of commemorative postage stamps and special edition postcards that will be sold to visitors of the Al Bareed Café, a unique coffee house located in the “Heart of Sharjah.” Rashed Huraiz Alfalasi, Acting Chief ...

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UAE-Georgia ties witness continuous development

ABU DHABI / WAM The Georgian Ambassador to the UAE, Paata Kalandadze, has affirmed that the relations between the UAE and Georgia have witnessed continuous growth at various levels since the establishment of diplomatic relations between the two countries in 1992. In a statement to the Emirates News Agency (WAM) marking his country’s independence day anniversary, Kalandadze said that Georgia ...

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Construction for new UAQ national museum begins

UMM AL QAIWAIN / WAM The Umm Al Qaiwain Tourism and Archaeology Department announced that the start of construction of the new Umm Al Qaiwain National Museum in Old Umm Al Qaiwain, which will cover an area of 8,000 square metres. Sheikh Majid bin Saud bin Rashid Al Mualla, Chairman of the Department, stressed that, upon the directives of HH ...

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Abu Dhabi launches ‘parent-friendly label’ initiative

ABU DHABI / WAM Under the patronage and in the presence of HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of Abu Dhabi Crown Prince’s Court and Chairman of the Abu Dhabi Early Childhood Authority (ECA), the authority has launched the Parent-Friendly Label (PFL), a new initiative that aims at promoting a parent-friendly workplace culture in Abu Dhabi. ...

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Scad, ADIO ink deal to enhance Abu Dhabi’s statistical system

Abu Dhabi / WAM Statistics Centre – Abu Dhabi (Scad) and the Abu Dhabi Investment Office (ADIO) on Sunday signed a Service-Level Agreement (SLA) to cooperate on exchanging data, promoting statistical collaboration, and building foundations for joint action. The partnership is aimed at achieving integration and supporting Abu Dhabi Government’s pursuits to build a comprehensive and sustainable statistical system that ...

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UAE assures its cooperation with LatAm, Caribbean

NEW YORK / ABU DHABI / WAM Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, and Omar Ghobash, Assistant Minister for Public and Cultural Diplomacy, have met virtually with members of the Group of Latin American and Caribbean Countries (Grulac) at the United Nations, to introduce the UAE candidacy for a non-permanent seat on the UN Security ...

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Meituan’s CEO unveils changes to tackle China antitrust concerns

Bloomberg Chinese food-delivery giant Meituan is working to address regulators’ concerns about its business, changing practices that sparked an antitrust probe while promising better treatment for its millions of drivers and restaurants. The Beijing-based company has set up a dedicated team to work with officials conducting the investigation and vowed strict compliance with new guidelines. It’s also providing insurance for ...

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