News

Bloomberg Oil rose in New York as Moderna Inc reported its Covid-19 vaccine is highly effective against the virus. Moderna’s shot had 94.5% efficacy in a preliminary analysis of a large, late-stage clinical trial. That followed similar positive news for a vaccination being developed by Pfizer Inc. last week, buoying risky assets globally. The full impact of a vaccine on ...

Abu Dhabi / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, launched a global call for tolerance, entitled, “Call for Tolerance,” at 11:16 on Monday, as part of the UAE’s celebration of the International Day for Tolerance and on the sidelines of the National Festival for Tolerance and Coexistence organised by the Ministry of Tolerance and ...

Ras Al Khaimah / WAM Ras Al Khaimah has been named, for the second straight year, the Gulf Tourism Capital for 2021 at the fifth annual meeting of Tourism Ministers of the GCC. The virtual meeting discussed Gulf integration in the tourism sector, where Ras Al Khaimah was commended for its identity as a sustainable tourist destination, and awarded the ...

Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and General Supervisor of the ‘Dubai: Capital of Islamic Economy Initiative’ said that the UAE has accumulated extensive expertise in the field of Islamic Economy and established a robust fintech infrastructure that places it in a strong position ...

DUBAI / WAM The Central Bank of the UAE, CBUAE, has announced the extension of the applicability period of the key components of its economic stimulus package, the Targeted Economic Support Scheme (TESS) until June 30, 2021. The TESS was launched by the CBUAE in March 2020 to support the UAE’s economy during the COVID-19 pandemic, through a range of ...

ABU DHABI / WAM ‘Reframing Museums’, the global virtual symposium on future models for the arts and culture sector, was opened on Monday. The symposium has received over 1,000 registrants and brings together over 60 speakers from five continents to address new responsibilities and challenges facing museums today, as well as showcase opportunities for the arts and culture sector. Mohamed ...

Abu Dhabi / WAM HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, launched the “Positive Customer” application, which aims to strengthen the community’s role in positive participation. The application also aims to evaluate and develop the services of the Ministry of Interior, which is one of its smart initiatives and projects, ...

ABU DHABI / WAM The Khalifa International Award for Date Palm and Agricultural Innovation has organised the second virtual discussion session with applicants of the Award’s 13th Session. Under the directives of Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence and President of the Khalifa International Award for Date Palm and Agricultural Innovation ‘s Board of Trustees, ...

DUBAI / WAM As the technology sector continues to propel society’s shift towards becoming a smarter environment, laying the foundations for industries to leverage digitalisation for their transition into the Fourth Industrial Revolution (4IR) a new skillset is needed for both students and the workforce. In light of this, the Mohammed bin Rashid Innovation Fund (MBRIF) an initiative launched by ...

Bloomberg Monitoring the safety of Covid-19 vaccines, especially those relying on novel technologies such as messenger RNA, will be one of the biggest challenges once shots are rolled out widely, according to Europe’s new drug agency chief. Positive results won’t “remove the need to monitor very carefully these new vaccines, particularly the first couple that seem to be coming through,” ...