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ABU DHABI / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, and John Rakolta, US Ambassador to the United Arab Emirates, have discussed cooperation relations between the two countries. In a telephone call on Sunday, the two sides also reviewed the latest developments of Covid-19 outbreak and the importance of coordinating and unifying efforts to contain ...

Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX) part of ADQ, on Sunday announce the launch of its first Sustainability Report, the first across the region to be presented in such a comprehensive format and is expected to be updated annually. The report, ADX said, is aligned with its growth strategy, and aims to increase the adoption of sustainable ...

Sharjah / Emirates Business Sharjah has ranked the top in high growth activation phase ecosystems in the newly launched Global Startup Ecosystem Report (GSER), marking a milestone in the emirate’s journey towards becoming a thriving global startup hub. In line with the Sharjah Entrepreneurship Center’s mandate to put Sharjah on the map as an entrepreneurial hub locally and internationally, Sheraa ...

Abu Dhabi / WAM The Abu Dhabi Chamber of Commerce and Industry (ADCCI) organised its first online B2B matchmaking event, which witnessed the participation of more than 100 Emirati and Korean businesses. This virtual online meeting is held instead of a physical one considering the current coronavirus pandemic and the applied precautionary measure including social distancing. At the beginning of ...

DUBAI / WAM Emirates has announced that it will be offering scheduled flights for passengers from seven additional cities in July. The flights include Khartoum (from July 3), Amman (from July 5), Osaka (from July 7), Narita (from July 8), Athens (from July 15), Larnaca (from July 15) and Rome (July 15), the Dubai-based airline said on Sunday. “This takes ...

Dubai / WAM Dubai Customs’ offices resumed work at 100 percent capacity with intensified precautionary measures to ensure safety from Covid-19. This follows the government directives of gradual return to offices which Dubai Customs started from June 14. The last two weeks saw the Government Department’s staff return gradually to their offices following a shift routine where half of the ...

Bloomberg Prime Minister Boris Johnson vowed the UK will spend large sums on hospitals, schools and roads to jump-start the economy as it emerges from the coronavirus lockdown that has plunged the country into what may be the worst recession in three centuries. In an interview in the Daily Mail, Johnson rejected a return to the austerity policies that followed ...

Bloomberg Brazil, the nation with the second-highest number of coronavirus cases and deaths, reached a deal with the UK to produce the Covid-19 vaccine that’s been developed by Oxford University and AstraZeneca Plc. Brazil will spend $287 million to buy vaccine doses and ingredients for as many as 100 million shots that it will be able to produce locally with ...

Bloomberg Employers probably kept hiring millions of Americans in June as states gradually lifted pandemic-related restrictions on businesses in a delicate balancing act of getting economies rolling again while limiting infection rates. Economists project the Labour Department will report a three million increase in payrolls after a surprising 2.5 million gain a month earlier. The back-to-back gains, nonetheless, pale in ...

Bloomberg Wirecard AG expects its provisional insolvency administrator to be appointed shortly as the scandal-hit payment company said its business activities will continue. Once lauded as one of Germany’s most successful up-and-coming businesses, Wirecard filed for insolvency after the company said that 1.9 billion euros ($2.1 billion) previously reported as cash on its balance sheet probably doesn’t exist. In a ...