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Abu Dhabi / WAM The United Arab Emirates has provided 500 food parcels containing 21.4 tonnes of food aid to the residents of Mukalla District, Hadramaut Governorate, benefitting 2,500 members of underprivileged families. The food aid, which was distributed by Emirates Red Crescent (ERC) teams, is part of the UAE’s efforts to alleviate the suffering of local people and normalise ...

Sharjah / WAM His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member, Ruler of Sharjah and President of Al Qasimia University (AQU) approved the budget of the University for the academic year 2020/2021. According to this approved budget, 300 students will be accepted to study in the current semester, with the continuation of studies for 1,252 students ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced Monday that it conducted 71,282 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. ...

Abu Dhabi / WAM Aldar Properties PJSC (Aldar) published its second annual sustainability report, demonstrating strong progress in 2019 and charting an ambitious roadmap for the future through a number of key commitments. Formulated in close alignment with key global indices and standards including the Global Reporting Initiative (GRI) Standards, the report formally enshrines Aldar’s approach to responsible corporate citizenship, ...

Bloomberg Several of Alibaba Group Holding Ltd’s biggest investors have converted billions of dollars in US shares for Hong Kong stock in part to avoid potential US sanctions and de-listings of major Chinese technology companies. Temasek Group Holdings Pte, Baillie Gifford & Co, and Matthews Asia are among the major shareholders that have swapped stakes in the Chinese e-commerce giant ...

Bloomberg Thailand is cautiously looking at plans to reopen its borders as it struggles to survive an extended period without international visitors, who account for about two-thirds of the country’s tourism income. “The virus won’t go away soon and we have to think about the economy. But we can’t just reopen the borders. We have to be careful,” Transport Minister ...

Bloomberg India’s coronavirus infections crossed the three-million mark as the outbreak accelerates through the world’s second-most populous country. Infections rose by more than 69,000 and now stand at 3,044,940, according to data released by health ministry on Sunday. About 56,706 people have died from the disease. India’s epidemic is one of the fastest-growing in the world with more than 65,000 ...

Bloomberg Takeda Pharmaceutical Co agreed to sell its Japanese consumer healthcare business for 242 billion yen ($2.3 billion) to Blackstone Group Inc, which plans to take the over-the-counter medication unit public in about five years. For the drugmaker, the sale could represent one of the last big pieces of its plan to dispose $10 billion in assets after its $62 ...

Bloomberg The Indonesian island of Bali will remain closed to foreign visitors for the rest of 2020 after authorities postponed a plan to welcome back international tourists from September 11 as the coronavirus continues to spread. “The Indonesian government couldn’t reopen its doors to foreign travellers until the end of 2020 as we remain a red zone,” Bali Governor Wayan ...

Bloomberg Nintendo Co added another $3 billion in market value in Tokyo on Monday with retail investors on the Robinhood app cited as helping to further boost the game maker’s popularity. Nintendo has been one the strongest-performing blue-chip stocks in Japan this year, as the pandemic, together with the release of its smash-hit Animal Crossing: New Horizons game, helped boost ...