News

Coalition forces destroy two Houthi-fired drones

RIYADH / WAM The Coalition Forces to Restore Legitimacy in Yemen on Saturday morning intercepted and destroyed two bomb-laden UAVs launched “systematically and deliberately” by the terrorist Houthi militia to target civilians and civilian objects in Khamis Mushait and Jazan. The Saudi Press Agency quoted Spokesperson Col. Turki Al Maliki as saying that these are the 7th and 8th bomb-laden ...

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Dewa receives global award

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has won the European Foundation for Quality Management (EFQM) UN Sustainable Development Goals (SDGs) Challenge 2021. The award recognises Dewa’s efforts in sustainable development and its support of the UAE’s efforts to achieve the UN SDGs. Saeed Mohammed Al Tayer, MD and CEO of Dewa, expressed his pleasure at Dewa winning ...

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Over 16,000 new member firms joined Dubai Chamber in 2020

Dubai / WAM Over 16,000 new member companies joined Dubai Chamber of Commerce and Industry in 2020 as the organisation responded to new challenges and adapted its services and offerings to meet the changing needs of the business community. In 2020, Dubai Chamber saw the return on its investment in digital transformation over the years. The Chamber was digitally prepared ...

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Work on two model bus stations at Oud Metha, Al Satwa complete

Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has completed the construction of two model bus stations at Oud Metha and Al Satwa. The stations feature unique designs that form a blend of creative and practical solutions to engineering designs, along with introducing a new concept of mass transit. “The construction of stations for public bus riders complements RTA’s ...

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UAE, Spain to foster collaboration in areas of tech advancement

DUBAI / WAM The UAE’s Ministry of Industry and Advanced Technology (MoIAT) and Spain’s Ministry of Science and Innovation (MSI) signed a Memorandum of Understanding (MoU) that will see them develop an advanced technology framework over the next three years. The framework aims to foster bilateral collaboration in the areas of technological advancement, technology transfers and the deployment of key ...

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ADJD completes 160,482 judicial requests remotely

ABU DHABI / WAM The Abu Dhabi Judicial Department (ADJD) has released a statistical report monitoring the continuity of judicial and legal services with the implementation of the remote working scheme over a period of 11 months. Speaking on the occasion, Youssef Saeed Al Abri, Undersecretary of the ADJD, said the achievements made by ADJD and the qualitative leap in ...

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Covid-19: UAE reports 1,901 new recoveries

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 242,159 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Saturday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out necessary treatment. ...

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Spain plans debt relief in new $13b fiscal package

Bloomberg Spain is considering using part of a planned 11 billion-euro ($13 billion) fiscal package to provide debt relief to companies that have borrowed through the country’s state-backed loan program. The proposal would allow Spanish lenders a degree of flexibility to decide which borrowers should be granted relief, the officials said. Banks would absorb some of the write off and ...

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Ireland 2020 GDP up 3.4% amid Covid-19

Bloomberg Ireland’s economy expanded in 2020 despite the devastation of the pandemic as surging exports countered a slump in domestic demand. The nation’s GDP grows 3.4% in 2020, the central statistics office said, driven largely by the export sector. The domestic economy, however, struggled. “Today’s figures once again point to the dual economic impact of the pandemic, with domestic activities ...

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Brexit triggers 30% slump in German exports to UK

Bloomberg German exports to Britain plunged in January, as the downward trend since the country voted to leave EU gathered pace. Already curtailed by the economic impact of the coronavirus, Brexit helped trigger a nearly 30% slump in German exports to the UK in the first month of the year, according to a preliminary estimate by the Federal Statistics Office. ...

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