News

AL KHOKHA / WAM The UAE continues to provide aid relief to the people of Yemen, as part of its efforts to alleviate suffering and restore normalcy to the lives of families facing financial hardship. Accordingly, the Emirates Red Crescent (ERC) has provided 16 tons of food aid to 1,400 families who have fled cities in the Al Hodeidah governorate ...

ABU DHABI / WAM The Abu Dhabi Judicial Department (ADJD) signed a cooperation agreement with Department of Municipalities and Transport (DMT) for the establishment of a Real Estate Dispute Settlement Centre in Abu Dhabi. The initiative is part of the endeavours undertaken to consolidate bilateral cooperation and strategic partnership with objective of establishing an integrated system capable of improving alternative ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) on Saturday, said it carried out over 95,287 additional Covid-19 tests in the country over the last 24 hours, using the latest testing methods. The ministry said in a statement that the intense testing drive uncovered 1,007 new cases of various nationalities, who are all in a stable condition ...

Abu Dhabi / WAM Etihad Airways, the national airline of the UAE, will resume passenger flights from Abu Dhabi to the Moroccan cities of Casablanca and Rabat. Effective September 19, the airline will operate returning flights three times a week from Abu Dhabi to Casablanca. This service will be followed by direct flights between the two capitals, Abu Dhabi and ...

Dubai / WAM Dubai Economy shut down a café in Karama in co-operation with Dubai Municipality and Dubai Tourism after the outlet was found to have ignored physical distancing guidelines issued as a precautionary measure against Covid-19. The action came following response from the public to the call of Dubai Economy to report commercial establishments and outlets not adhering to ...

Bloomberg The US government is paying less as it borrows more, one reason investors appear more comfortable than Congress about funding another leg of stimulus. Interest payments in the federal budget declined about 10% in the first 11 months of this fiscal year, when America was running up its biggest deficit since World War II. Over the next few years, ...

Bloomberg Rishi Sunak should extend wage support for UK workers in the hardest-hit sectors, lawmakers said amid warnings from economists, labour unions and opposition parties about a looming wave of job cuts. The chancellor of the exchequer must also devise a plan to help companies that plunged into debt as a result of the coronavirus pandemic, or risk prolonging the ...

Bloomberg Spain will seek to tax all companies that operate telecommunications services, such as calls and instant messaging, according to Telecommunications Secretary Roberto Sanchez. Under a new law proposed by the government, “all operators who provide telecommunication services without having to provide phone numbers, such as WhatsApp” and Telegram would have to register as telecommunications operators and would be taxed ...

Bloomberg Canadian household indebtedness improved in the first half of 2020 as government support kept incomes afloat amid the pandemic. Household credit market debt dropped to 158.2% of disposable income in the second quarter, from 175.4% previously, Statistics Canada said in Ottawa. That’s due to an 11% increase in household disposable income, while stock of credit market debt remained relatively ...

Bloomberg Insurers battered by coronavirus are about to find out how much worse the damage could get. A London court is set to rule on Tuesday in a case involving about 370,000 policyholders, companies including Zurich Insurance Group AG and Hiscox Ltd. and potentially billions of pounds of claims. The UK markets watchdog brought the case after small businesses struggled ...