Dubai / WAM The Ministry of Health and Prevention (MoHAP) won two prestigious awards at the HIMSS-Elsevier Digital Healthcare Award Middle East 2020, which is organised by the Healthcare Information and Management Systems Society (HIMSS). In the Outstanding ICT Innovation category, MoHAP came first through the ‘Newborn Hearing Screening’ project, which aims to deploy a universal and automated newborn hearing ...
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Dubai issues 9,949 DED Trader licences till 2020-end
DUBAI / WAM The DED Trader licence, launched by the Business Registration & Licensing (BRL) sector of Dubai Economy (DED) to licence freelancers at their place of residence in Dubai and enable start-ups to conduct business activities online and across social networking accounts, has seen overwhelming response with 9,949 licences issued since its launch in 2017 till end of 2020. ...
Read More »India’s ‘richest men’ caught in crossfire over farming laws
Bloomberg Two of India’s richest men have landed in an unlikely controversy over farming laws, becoming targets of protesters who allege the tycoons have benefited from their close links to PM Narendra Modi. For weeks, tens of thousands of farmers have camped outside the nation’s capital, demanding the withdrawal of recently passed legislation they say, without evidence, was designed to ...
Read More »Malaysia says ‘not slow’ in getting vaccines
Bloomberg Malaysia isn’t a laggard in securing vaccines, Science Minister Khairy Jamaluddin said, seeking to allay concerns about the speed of the country’s purchases of shots. The nation is set to get its first delivery of vaccines before the end of February and the government will try its best to get as many people inoculated within a year, he said. ...
Read More »Covid-19: China to donate vaccine doses to Philippines
Bloomberg China will donate 500,000 coronavirus vaccine doses to the Philippines and vowed to accelerate infrastructure investment in the Southeast Asian nation as ties between the two improve. The pledge was made by Chinese Foreign Minister Wang Yi during meetings with Filipino counterpart Teodoro Locsin and President Rodrigo Duterte in Manila, according to statements from Duterte’s office and the Philippines’ ...
Read More »India gold sales likely to climb as buyers unleash pent-up demand
Bloomberg Gold demand in the world’s second-biggest user will rebound this year after collapsing in 2020 as the rollout of vaccines pushes life back closer to normal, according to the World Gold Council (WGC). Some of the weddings and festive buying that had been postponed because of the pandemic will come back in 2021, and this pent-up demand will boost ...
Read More »HK expects jobless rate to top 16-year high
Bloomberg Hong Kong’s unemployment rate for the three months ended December is likely to exceed the highest level in 16 years because of the impact of tightened coronavirus restrictions, Financial Secretary Paul Chan said on his blog on Sunday. The latest jobless rate is scheduled to be released on Tuesday. Unemployment stood at a high of 6.4% for the three ...
Read More »Billionaire-backed game startup kicks off India’s tech IPO rush
Bloomberg Nazara Technologies Ltd, the cricket games developer backed by billionaire Rakesh Jhunjhunwala, became the first Indian gaming technology company to seek a market debut as mobile entertainment takes off across the world’s No. 2 smartphone arena. The Mumbai-headquartered startup filed initial public offering documents with India’s market regulator. Its impending debut on the local exchanges could encourage other Indian ...
Read More »Wealth gap widens for Britain’s young with surge in house prices
Bloomberg Surging house prices in the UK are making it more difficult for younger generations to follow the most common path for accumulating wealth, widening a gap between the rich and the poor. Homeowners are benefiting from the coronavirus crisis, with cheap borrowing and government tax cuts driving real estate prices to an all-time high last year. The cost of ...
Read More »Italy braces for larger debt load amid political infight
Bloomberg Italy’s government expects debt to rise more than expected this year, as it gets ready to boost fiscal stimulus to support its battered economy. The Treasury, led by Finance Minister Roberto Gualtieri, expects Italy’s debt to rise to 158.5% of output in 2021, up from 155.6%, while the country’s budget deficit would be 8.8%. The new forecasts, first reported ...
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