News

Abu Dhabi / WAM Dr Hamid Jafari, Director of Polio Eradication at the World Health Organisation (WHO) Eastern Mediterranean Region, stated that the UAE plays a pioneering role in health issues, both within the region and globally, and most notably in combatting polio. In a statement to Al Ittihad on occasion of World Polio Day, Jaafari said, “There are many ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 118,058 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...

Abu Dhabi / WAM The UAE welcomed the declaration of a permanent ceasefire and a cessation of military operations in all Libyan territories. In a statement, the Ministry of Foreign Affairs and International Cooperation reiterated its assertion that a political solution is the only way to end the conflict in Libya under the supervision of the United Nations. The statement ...

DUBAI / WAM Dubai Design Week announced on Sunday the inaugural Mena Grad Show, a new addition to its Global Grad Show initiative, a year-round programme for university graduates and professors working on solutions for a better future. The event is being held under the patronage of HH Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai ...

Dubai / WAM Emirates Post in collaboration with the Emirates Nuclear Energy Corporation (Enec), issued a distinctive commemorative stamp to celebrate the start-up of the first unit of the Barakah Nuclear Energy Plant, located in the Al Dhafra region of Abu Dhabi. The Barakah Plant, the first operating nuclear energy plant in the Arab World, recently started to generate clean ...

Bloomberg Hong Kong’s exports rebounded in September on the back of a recovering Chinese economy, Financial Secretary Paul Chan said his blog post on Sunday. The city’s third-quarter gross domestic product should show a significant improvement from the two preceding three-month periods, Chan said. Hong Kong’s GDP slumped by about 9% in both the first and second quarters as the ...

Bloomberg Singapore is seeking to reduce the amount of time it takes to regularly check migrant workers for coronavirus infection by piloting the use of antigen rapid tests. For a period of four weeks, a group of 1,000 migrant workers will undergo antigen rapid testing every seven days, the Ministry of Manpower said in a statement. That’s in addition to ...

Bloomberg The Malaysian Estate Owners Association says new virus-related restrictions on palm operations will cause potential losses of as much as 900 million ringgit ($217 million) a month to the oil palm sector in the state of Sabah. If the entire oil palm supply chain in Sabah is constrained by a recent order to operate at 50% capacity, the state ...

Bloomberg Holding companies controlled by energy-to-mining tycoon Anil Agarwal face the highest debt repayments in several years just as credit rating firms step up warnings. Vedanta Ltd holding companies Vedanta Resources Ltd and Volcan Investments Cyprus Ltd must repay a combined $1.17 billion next year. That’s the most since 2017, according to data compiled by Bloomberg. A Vedanta Resources bond ...

Bloomberg Ant Group Co set the price of its record initial public offering in Shanghai, its billionaire founder Jack Ma said, without disclosing the price. Ma’s Chinese fintech giant is one of the most hotly anticipated IPOs in years, on course to make history by surpassing Saudi Aramco’s record $29 billion share sale in 2019. He commented on the pricing ...