News

Bloomberg Facebook Inc. reached a multiyear deal with News Corp. in Australia, agreeing to pay Rupert Murdoch’s publishing arm for access to additional stories. The agreement resolves a dispute in the country between publishers and tech giants over payments for news articles. The deal includes content from News Corp.’s national newspaper, The Australian, as well as the Daily Telegraph in ...

GAZA / WAM The UAE has sent a second shipment of the Russian Sputnik V vaccine to the Gaza Strip. The Palestinian Health Ministry received the shipment of 38,700 doses through the Rafah Border Crossing. In a press release, the ministry expressed its thanks and gratitude to the UAE for this assistance, which strengthens health measures in the face of ...

Abu Dhabi / WAM Deposits by individuals continued to rise in UAE banks during the last quarter of 2020, hitting around AED13 billion despite economic challenges, statistics by the central bank of the UAE have showed. This ratcheted the cumulative balance of deposits in UAE banks up to AED493.9 billion by the end of December from AED480.9 billion in September ...

DUBAI / WAM The Knowledge and Human Development Authority (KHDA) on Monday announced that private schools in Dubai will not be increasing tuition fees for the 2021-22 academic year. This is the second consecutive year that fees for Dubai schools have remained steady. Dubai’s private school sector demonstrated its resilience and growth potential with student enrolment increasing by 2.6 percent ...

DUBAI / WAM Emirates and TAP Air Portugal signed a memorandum of understanding to expand the codeshare partnership currently in place between both airlines. The new agreement will see customers of both airlines benefit from seamless connectivity on many new routes across the Americas, North Africa and East Asia. Emirates and TAP Air Portugal will also explore ways to enhance ...

Dubai / WAM Dubai Technology Entrepreneur Campus (Dtec), the largest tech hub and co-working space in the Mena region wholly owned by Dubai Silicon Oasis Authority (DSOA), signed a Memorandum of Understanding (MoU) with Oqal Angel Investors Network, the leading early-stage investor group in Saudi Arabia and Bahrain, to enhance the venture investment culture in start-ups and support young entrepreneurs. ...

Sharjah / WAM Alef group, the leading real estate development company in Sharjah, and the developer of the Al Mamsha and 06 Mall projects, on Monday signed a Memorandum of Understanding (MoU) with the Sharjah Entrepreneurship Centre (Sheraa). The agreement states that the two parties will undergo cooperation to support talented and emerging entrepreneurs. The memorandum was signed by Issa ...

Dubai / WAM Dubai Municipality has achieved 100 percent reduction in papers during the year 2020. The total reduction amounted to 20,960,743 papers annually, saving more than AED95 million and more than one million working hours. “The implementation of the improvement measures related to the Dubai Paperless Strategy has led to an increase in the percentage of digital completion to ...

DUBAI / WAM Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Hessa Bint Essa Buhumaid, Minister of Community Development, officially inaugurated on Monday the 17th edition of the Dubai International Humanitarian Aid and Development Conference and Exhibition (Dihad) at the Dubai International Convention and ...

DUBAI / WAM The Knowledge and Human Development Authority (KHDA) on Monday announced that private schools in Dubai will not be increasing tuition fees for the 2021-22 academic year. This is the second consecutive year that fees for Dubai schools have remained steady. The announcement follows the release of the annual Education Cost Index (ECI) calculated by the Dubai Statistics ...