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Kyrgyzstan PM, Zayed Foundation delegation discuss cooperative ties

Bishkek / WAM Ulukbek Maripov, Prime Minister of Kyrgyzstan, received Hamad Salem bin Kardous Al Ameri, Director-General of the Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation, along with his accompanying delegation. The two sides discussed cooperative relations, following the laying of the foundation stone of the Islamic Academy in Tokmok, Northern Kyrgyzstan. During the meeting, Al Ameri presented ...

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CBUAE, Aurora50 join hands to enhance female representation

Abu Dhabi / WAM The central bank of the UAE (CBUAE) has signed a Memorandum of Understanding (MoU) with Aurora50, a social enterprise focusing on achieving gender-balanced boardrooms in the UAE. The partnership will advance female representation on public and private sector boards consistent with international best practice through knowledge exchange and building a strong pipeline of female talent. The ...

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US-UAE cooperation expands across verticals: Philip Frayne

DUBAI / WAM Dubai Silicon Oasis Authority (DSOA), the regulatory body of Dubai Silicon Oasis (DSO), the integrated free zone technology park, welcomed the United States Consul General to Dubai, touring DSOA’s innovation centers for space, digital transformation, entrepreneurship, and technology, as well as the academic and technical centers of excellence. Dr Mohammed Al Zarooni, Vice Chairman and CEO of ...

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EU nations push to relax ban on travel from rest of world

Bloomberg A group of European Union (EU) nations that count tourism as a significant industry is pushing for a relaxation of rules on traveling to the bloc from the rest of the world, according to diplomats. The EU imposed a blanket ban on non-essential travel from most countries last March in a bid to stem the spread of Covid-19. But ...

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Spain approves $13b aid package to help indebted companies

Bloomberg Spain’s government approved an 11 billion-euro ($13 billion) plan to help companies pay down debts accumulated during the pandemic, Economy Minister Nadia Calvino said. The package, which has three parts, will leave companies better poised for the economic recovery, Calvino told journalists during a televised news conference. The announcement is the latest example of how European governments are accelerating ...

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US consumer sentiment surges to one-year high

Bloomberg US consumer sentiment improved in early March by more than forecast, reaching a one-year high as more vaccinations and fiscal relief boosted optimism in the economic outlook. The University of Michigan’s preliminary sentiment index jumped to 83 from 76.8 in February, data showed. The figure exceeded the median projection of 78.5 in Bloomberg’s survey of economists. “The data indicate ...

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UK’s Johnson seeks new green homes strategy after policy stalls

Bloomberg UK Prime Minister Boris Johnson is working on a major overhaul of one of his government’s most important climate change policies after it failed to deliver. With a budget of 2 billion pounds ($2.8 billion), the Green Homes Grant program launched in September to provide vouchers for homeowners to help pay for insulating their properties and switch to low ...

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Apple could hit $3trn market valuation

Bloomberg Apple Inc.’s stock could reach a market capitalisation of $3 trillion, analysts say, citing the development of the Apple Car as well as high expectations for the next iPhone. Citigroup Inc. and Wedbush see potential for the tech giant to hit the milestone, an increase that implies an almost 50% surge from last week’s close. With a market cap ...

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Telefonica may keep hold of subsea cable unit in overhaul

Bloomberg Telefonica SA may defy expectations for an outright sale of its submarine cables and bring in investors to share ownership of the business instead. The Spanish phone company has been working with advisers to gauge interest from potential buyers. It was hoping to offload the business for about 2 billion euros ($2.4 billion), according to media reports last year. ...

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Expo, UN galvanise global experts to act on the SDGs

Dubai / WAM The need to build a more dignified and just world brought together experts, Expo partners and international participants, alongside renowned humanitarians and a blockbuster filmmaker, at Expo 2020 Dubai’s latest virtual thematic programme, Expo Talks: Global Goals. Held in association with the United Nations on March 9-10, the event explored the innovative solutions and concrete actions needed ...

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