Abu Dhabi / WAM The United Arab Emirates will provide medical treatment for former President of Mali Ibrahim Boubacar Keita, according to a UAE diplomat. Mohamed Al Shamsi, Director of the African Department at the Ministry of Foreign Affairs and International Cooperation, said the decision comes in response to a request by the ruling military junta in Mali and in ...
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Ministry reviews ways of accelerating growth
Abu Dhabi / WAM Abdullah bin Touq Al Marri, Cabinet Member and Minister of Economy, has re-affirmed the ministry’s commitment to continue to work closely with its partners to address all besetting challenges through a flexible package and general plan to support the country’s economy. The minister made the remarks at a meeting held at the ministry’s HQ in Dubai ...
Read More »UAE sends urgent aid to flood-stricken Sudan
Abu Dhabi / WAM His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, and Chairman of the Emirates Red Crescent (ERC) ordered urgent humanitarian aid to those affected by the floods sweeping Sudan. The aid includes food and medicines to areas hit by the natural disaster, the worst to strike the country in more than ...
Read More »Vodafone Idea to raise up to $3.4 billion
Bloomberg Vodafone Group Plc’s India unit said it plans to raise as much as 250 billion rupees ($3.4 billion) selling shares, debt to shore up its finances as it takes on bigger rivals Reliance Jio Infocomm Ltd and Bharti Airtel Ltd, which have been luring subscribers from the struggling No. 3 wireless carrier. The board of Vodafone Idea Ltd approved ...
Read More »US visitors will need negative virus-test results, says China
Bloomberg China will require passengers arriving on direct flights from the US to provide negative Covid-19 nucleic-acid test results taken within 72 hours of the flight. Passengers travelling from the US to China, and those transiting in any country that the Chinese government has listed as requiring the screening, must have negative Covid-19 results from a test done within three ...
Read More »India to make vaccine for ‘neighbours’
Bloomberg Indian pharmaceutical companies will be among the largest producers of a coronavirus vaccine once it is available and will ensure supplies to friendly nations in the neighbourhood, said Foreign Secretary Harsh Vardhan Shringla. India’s relations with Nepal, Bangladesh and Sri Lanka have never been better “contrary to impressions,†Shringla said at a foreign policy seminar. The South Asian nation, ...
Read More »Merkel vows to bolster public health service in Germany
Bloomberg Germany will prioritise strengthening its public-health service and hire more workers, Chancellor Angela Merkel said in her weekly podcast. Under the plan, the federal government will spend $4.7 billion by 2026 to allow for an additional 5,000 public health-care workers and the improvement of the digitalisation of health departments. The so-called ‘pact for the public health service’ was announced ...
Read More »Argentina’s Guzman says nation must work to reduce bond yields
Bloomberg Argentina must reduce its bond yields before returning to international capital markets in a process that will likely take some time, Economy Minister Martin Guzman said on the day the country concludes a $65 billion debt swap. In the shorter term, it will continue to work with the 1% of bondholders who did not accept the government’s debt restructuring ...
Read More »UK car sales stumble in August
Bloomberg UK car sales declined in August, denting hopes of a recovery in the industry from a coronavirus-driven sales slump. Vehicle registrations dropped 5.8% to 87,226 vehicles, according to the Society of Motor Manufacturers and Traders. July brought the UK’s first monthly gain in car sales of 2020, providing some relief as the industry cuts jobs and capacity to weather ...
Read More »Canada extends rent-relief programme
Bloomberg Canadian Prime Minister Justin Trudeau will extend a loan program for commercial landlords into September as small businesses struggle to reopen amid Covid-19, Globe & Mail reported. The Canada Emergency Commercial Rent Assistance Program will be extended for a third time as the government works through options for reforming its rent-relief strategy, the paper said, citing people familiar with ...
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