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A brighter future awaits us: Sheikh Mohammed

DUBAI / WAM On the 15th anniversary of his Accession Day, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, highlighted the key milestones that have placed the UAE as a leading nation in the region and the world through an open letter he wrote to the people of the UAE. Through celebrating ...

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Big Heart Foundation to fund two humanitarian projects in Egypt

Sharjah / WAM The Big Heart Foundation (TBHF), a Sharjah-based global humanitarian organisation dedicated to helping people in need worldwide, announced it is funding two humanitarian projects in Egypt in a bid to create more opportunities in education and to support the healthcare services of a charitable children’s hospital. Under the directives of HH Sheikha Jawaher bint Mohammed Al Qasimi, ...

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Abu Dhabi rolls out Covid-19 saliva test in more schools

Abu Dhabi / WAM As part of ongoing efforts to effectively and successfully contain the coronavirus (Covid-19) pandemic, the Government of Abu Dhabi has rolled out saliva testing for children to a second phase of schools in the Emirate of Abu Dhabi. The steps were taken as part of the Department of Health and Abu Dhabi Public Health Centre’s strategic ...

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Sharjah, India’s Karnataka keen to boost economic ties

SHARJAH / WAM The Sharjah Chamber of Commerce & Industry (SCCI) has reviewed means of enhancing economic, investment, and commercial relations and expanding the prospects of cooperation with the Indian State of Karnataka. This came during the meeting which was held at the SCCI premises between Abdullah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce & Industry, and ...

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Dubai Culture successfully concludes its e-learning initiative with LinkedIn

Dubai / WAM Dubai Culture and Arts Authority announced it concluded the e-learning initiative, which was launched earlier this year in cooperation with LinkedIn, the world’s largest professional network. The initiative was based on the outcomes of the Dubai Ideathon, where ideas were presented to address the challenges that creative and cultural talents faced in light of Covid-19. It achieved ...

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India likely to reach pricing deal for Astra-Oxford vaccine in days

Bloomberg The Serum Institute of India Ltd, which is producing the coronavirus vaccine developed by AstraZeneca Plc and the University of Oxford, expects the Indian government to sign a formal supply and pricing agreement within days after the shot was approved for emergency usage. Officials in New Delhi have “indicated orally” that the first 100 million vaccines will be purchased ...

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India gives nod to emergency use of Astra-Oxford Covid shot

Bloomberg India has followed the UK and granted emergency approval for the coronavirus vaccine developed by AstraZeneca Plc and the University of Oxford, the first step in its plan to inoculate citizens in the country that’s home to the world’s second-largest Covid-19 outbreak. Information and Broadcasting Minister Prakash Javdekar said the AstraZeneca shot being produced locally by the Serum Institute ...

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Mukesh Ambani to pay $5.5m fine: Sebi

Bloomberg India’s market regulator ordered billionaire Mukesh Ambani and his conglomerate Reliance Industries Ltd to pay a combined penalty of 400 million rupees ($5.5 million) for allegedly violating share-trading rules about 13 years ago. In its order, the Securities and Exchange Board of India (Sebi) said Reliance and its agents operated to allegedly earn undue profits from the sale of ...

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Mahindra talks to investor to sell stake in Ssangyong

Bloomberg Mahindra & Mahindra is in discussions with an investor for selling a majority stake in Ssangyong Motor as India’s largest SUV maker reassesses its investments amid pandemic. Mahindra will hold 30% or less in Ssangyong if the deal goes through and will also do a 25% capital reduction, Pawan Goenka, managing director of the Indian automaker said. It expects ...

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China’s strong recovery shows signs of peaking as PMIs ease

Bloomberg China’s economic recovery could be past its peak and beginning to stabilise as the year draws to a close, with a key manufacturing gauge moderating in December after an export-fueled boost to production. The official manufacturing purchasing managers’ index (PMI) fell to 51.9 from a three-year high of 52.1 in November, the National Bureau of Statistics said, lower than ...

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