News

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) conducted 230,734 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Sunday, 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 part ...

ABU DHABI / WAM The Abu Dhabi Fund for Development (ADFD) Board of Directors approved the allocation of AED735 million ($200 million) for Abu Dhabi Exports Office (Adex) to accommodate export financing that will help spur the growth of exports of UAE national companies. The 2021 budget allocation increased by 33.3 percent, with AED184 million ($50 million) over the 2020 ...

ABU DHABI / WAM Mohammed Thani Al Rumaithi, Chairman of the Federation of the UAE Chambers of Commerce and Industry, received Moez Benmim, Ambassador of Tunisia to the UAE, to discuss with him means of bolstering joint trade cooperation to serve the business environment of both countries. During the meeting held at the chamber’s tower in Abu Dhabi, both sides ...

Sharjah / WAM The Department of Government Relations (DGR) in Sharjah, and the Embassy of Singapore in the UAE, have explored ways to further strengthen collaboration in sustainable development, education, and infrastructure. The two parties also discussed the establishment of investment partnerships in new and emerging sectors which they are prioritising to keep abreast of the shifts in market demand. ...

Abu Dhabi / WAM China wants to work with the UAE to expedite joint production of Covid-19 vaccines to make it available and affordable to all, Beijing’s top diplomat told Emirates News Agency (WAM). The joint efforts can also explore developing multilateral cooperation to fight the pandemic, especially with Middle Eastern and African countries, and establish an international mechanism to ...

Bloomberg Oil in New York barely nudged this week despite whipsawing over several days, as renewed lockdowns in some regions blunted near-term demand outlooks and muted the impact of a standstill at the Suez. West Texas Intermediate futures fall less than 1% to close the week at $60.97, while Brent crude just barely eked out a gain, snapping a streak ...

Bloomberg A quarrel over allegations of human-rights abuses in China worsened as Beijing announced retaliatory sanctions on individuals in US and Canada and corporate fallout spread. Tensions have flared over reports of forced labour being used to harvest cotton in China’s western province of Xinjiang, accusations that Beijing routinely dismisses as politically motivated lies. On Saturday, China’s Foreign Ministry announced ...

WASHINGTON / WAM The United States strongly condemned the attacks against Saudi Arabia that struck an oil facility in Jazan. The actions by the Houthis are a clear provocation meant to perpetuate the conflict, Ned Price, Department Spokesperson said in a press statement. “This is the latest in a series of Houthi attempts to disrupt global energy supplies and threatens ...

Sharjah / WAM Abdullah Sultan Al Owais, Chairman of the Sharjah Chamber, received Avni Arifi, ambassador of Kosovo to the UAE, to discuss means of strengthening the economic, commercial, and investment relations between the UAE and Kosovo. Held in the presence of Raghda Hamad Taryam, Board Member, Mohammed Ahmed Amin Al Awadi, Director-General of the SCCI, and a number of ...

ABU DHABi / WAM In response to growing demand for electric vehicle infrastructure (ION) the UAE-based sustainable transportation joint venture between Bee’ah and Crescent Enterprises, installed high-power, ultra-fast charging stations with a total capacity of up to 350KW, on Yas Island, Abu Dhabi. Capable of charging electric vehicles (EV) through a connection to a user interface unit, the stations can ...