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Abu Dhabi / WAM Five major global organisations specialising in assessing competitiveness have ranked the UAE among the top ten countries in the world in 28 competitiveness indexes related to finance and taxes. This was highlighted by a report by the Federal Competitiveness and Statistics Centre (FCSC), which documented the rankings of the IMD World Competitiveness Yearbook, the Legatum Prosperity ...

SEOUL / WAM Abdullah Saif Al Nuaimi, UAE Ambassador to South Korea, has launched the Korean version of the website www.zayed-kr.ae, which is dedicated to commemorating the life, legacy and values of the Founder of the UAE, the late Sheikh Zayed bin Sultan Al Nahyan. The launch of the Korean website, created in collaboration with the Ministry of Culture and ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 205,625 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...

ABU DHABI / WAM In March and April, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) of the UAE has welcomed officials from the US government for a series of virtual meetings and workshops, which are expected to continue in the following months to cover a range of issues related to anti-money laundering and countering the financing of terrorism ...

Sharjah / WAM Friends of Cancer Patients (FOCP) has increased its 2021 annual budget by 17 percent to help and support cancer patients, as the entity envisions bringing more patients within its folds of care in 2021. This was among the key decisions taken during a recent FOCP board meeting held to strategise an action plan for a new 2-year ...

Abu Dhabi / WAM The UAE took part in the International Atomic Energy Agency (IAEA)’s first edition of the IAEA Webinar Series on newcomer success stories in nuclear infrastructure development. The session was dedicated to success of the UAE Peaceful Nuclear Energy Programme, from its inception more than a decade ago to the start of commercial operations of Unit 1 ...

ABU DHABI / WAM Sharjah-based low-cost carrier Air Arabia has announced the resumption of direct flights between Sharjah and Almaty, Kazakhstan, starting May, 21. Customers can now book their direct flights between Sharjah and Almaty by visiting Air Arabia’s website, by calling the call centre or through travel agencies. Air Arabia has added to the convenience and confidence of passengers ...

Bloomberg Canada’s economy continued its run of surprising strength at the start of the year, validating expectations that activity will soon return to pre-pandemic levels. Gross domestic product grew (GDP) 0.4% in February, Statistics Canada reported in Ottawa. A preliminary estimate shows momentum kept up in March with output expanding 0.9%, which would be the 11th-straight monthly gain in the GDP. ...

Bloomberg The US economy probably notched up another bumper month of hiring in April, tallying with other reports that suggest growth momentum is building in the wake of the coronavirus crisis. Payrolls may have risen by 978,000, according to median estimate of economists, above the 916,000 gain in March, while unemployment is seen falling below 6%. The Labour Department report ...

Bloomberg India’s Covid-19 crisis has pummeled demand for transport fuels to the lowest in several months, highlighting the risks for energy consumption amid an uneven global recovery from the pandemic. April sales of gasoline — used in cars and motorcycles — fall to 2.14 million tons to the lowest since August, according to preliminary data from officials with direct knowledge ...