News

Pandemic puts millions of Europeans on path to a debt crisis

Bloomberg More economic upheaval is on the horizon in Europe as plans to end the unprecedented support for workers during the coronavirus pandemic threaten to tip millions of households into a debt trap. Organisations that help individuals sort out their financial problems are warning of a sharp increase in the number of families burdened by bills they can’t pay. Even ...

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UAE aid plane carrying 40 tonnes of relief material arrives in Beirut

Abu Dhabi / WAM A UAE plane carrying 40 metric tonnes of critical medical and food supplies as well as nutritional supplements for kids has arrived in Beirut in support of the victims of the massive explosion that rocked the Lebanese capital on Tuesday. The urgent humanitarian aid comes in implementation of the directives of the His Highness Sheikh Mohamed ...

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Oil drilling drops to 15-year low with shale in full retreat

Bloomberg Drillers cut exploration in US oil fields to a 15-year low as billions of barrels from old discoveries became worthless and explorers abandoned growth plans. The number of active oil rigs in the US fell by four to 176, the lowest since 2005, according to Baker Hughes Co. data. Energy companies have been parking rigs on an almost uninterrupted ...

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DLD launches project to empower realty sector

DUBAI / WAM The Dubai Land Department (DLD) through the Real Estate Licensing Department of the Real Estate Regulatory Agency (RERA) announced the launch of its “Green List” project, which seeks to provide additional services to the real estate professionals and empower the sector. The project is a new addition to a range of comprehensive services provided by “Dubai REST”, ...

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Abu Dhabi launches mobile clinics to cater to elderly

Abu Dhabi / WAM As part of the healthcare programme for senior citizens and individuals with chronic diseases, Abu Dhabi Public Health Centre under the guidance of the Department of Health – Abu Dhabi (DoH), has launched mobile clinics which will be operating in coordination with several public and private healthcare facilities in the emirate. The clinics will facilitate access ...

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Multi-functional offshore and repair facility opens in Hamriyah

Sharjah / WAM Orient Source Hong Kong Group of Companies (OSHK) the International Commodity Trader and Project Investor, made its foray into UAE by launching its state-of-art 247,570 ft2 Multi-Functional Offshore & Repair Facility at the Port of Hamriyah in Sharjah along with a Trading Platform with Hamriyah Free Zone. The inauguration of the new facility was announced during a ...

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Abu Dhabi unveils new customer relationship management platform

Abu Dhabi / WAM The Department of Government Support, which is represented by the Abu Dhabi Digital Authority (ADDA) announced the launch of the new Customer Relationship Management platform for the Abu Dhabi Government. The platform aims to improve customer experience as new services and solutions will now be provided to end users, enabling them to complete their transactions with ...

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d3 Architecture Festival 2020 launched

dubai / WAM Dubai Design District (d3) on Saturday launched the inaugural d3 Architecture Festival in partnership with the Royal Institute of British Architects Gulf Chapter (RIBA Gulf Chapter) establishing the emirate’s first platform to showcase regional architecture, urbanism and sustainable development. The inaugural edition is set to run from November 11-13 on the sidelines of Dubai Design Week, held ...

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Number of operating firms in Jumeirah reaches 3,648

Dubai / WAM A report by the Business Registration and Licensing (BRL) sector of Dubai Economy shows that the number of operating businesses in Jumeirah reached 3,648 to date. According to a press release issued by Dubai Economy on Saturday, the licences issued according to the activities are: commercial (1,919), professional (1,663), tourism (48) and industrial (18). In terms of ...

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Trump’s WeChat ban could hurt iPhone sales in China

Bloomberg President Donald Trump’s order banning US companies from doing business with Chinese messaging app WeChat could damage iPhone sales in one of Apple Inc.’s most important markets. The order would block all transactions involving WeChat, which would prohibit Apple from distributing WeChat to mobile devices through its App Store. WeChat is central to digital life in China. It’s the ...

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