News

RAK named Gulf Tourism Capital again

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 ...

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UAE ranked among top three Islamic economies in world

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 ...

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CBUAE extends TESS applicability period

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 ...

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‘Reframing Museums’ opens in Abu Dhabi

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 ...

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‘Positive Customer’ application launched

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, ...

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Khalifa date palm award hosts second virtual talks

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, ...

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MBRIF event highlights skills needed for 4IR

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 ...

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Europe’s new drug agency head warns of ‘vaccine safety’

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,” ...

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Investors ask BMW, Glencore to disclose climate risk in accounts

Bloomberg Investors managing more than $9 trillion of assets have called on some of Europe’s biggest companies to include an assessment about the impact of climate change in their financial statements. DWS, Insight Investment and JPMorgan Asset Management are among 38 members of the Institutional Investors Group on Climate Change that wrote to 36 companies requesting they “properly reflect the ...

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Apple targeted by EU privacy activist who took on Facebook

Bloomberg Apple Inc’s ad tracking is the target of two complaints to Spanish and German authorities by a privacy advocate whose earlier legal battles are forcing Facebook Inc to change the way it transfers data. Noyb, a group founded by privacy activist Max Schrems, is accusing Apple of unlawfully installing so-called identification for advertisers on its devices. The service helps ...

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