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ABU DHABI / WAM The Abu Dhabi Digital Authority (Adda), the government entity that leads the digital transformation in the emirate of Abu Dhabi, announced the signing of a Memorandum of Understanding (MoU) with Intel aimed at expanding their strategic partnership and boosting cooperation, especially in the field of accelerating digital transformation in Abu Dhabi. The MoU was signed remotely ...

Abu Dhabi / WAM Global energy giants representing the world’s leading oil, gas, and petrochemical companies united around the common purpose of ensuring sustainable global energy supplies as economies begin to reopen and the world adjusts to the next normal, during a special virtual edition of the Abu Dhabi CEO Roundtable. The CEOs shared lessons learned and best practices in ...

Dubai / WAM Enoc Group has recorded 12 million cashless transactions in the first five months of this year, in a move towards encouraging cashless payments, one of the key pillars of the UAE Vision 2021. The group recorded an increase in cashless transactions when compared to cash payments during the same period. More than 5 million cashless transactions were ...

Ajman / Emirates Business Saudi German Hospital Ajman (SGH-Ajman) saved the life of a 69-year-old Asian who was admitted to the emergency department with a poor health condition. He was transferred directly to the intensive care unit since he was suffering from cardiovascular diseases, had a stroke affecting his left brain and other serious health conditions. The patient was administered ...

ABU DHABI / WAM Etihad Airways, together with its partner Manchester City, have unveiled a bespoke match-day jersey in recognition of the global efforts to begin recovery from the impacts of Covid-19. Etihad is dedicating the front of shirt space, ordinarily bearing the Etihad logo, to the ‘Cityzens Giving For Recovery’ campaign, City Football Group and Manchester City’s 12-month campaign ...

ABU DHABI / WAM The Ministry of Finance (MoF) announced the successful implementation of Procure-to-Pay (P2P) which facilitates the procurement process and e-approval of purchase orders and requests at various federal entities in the country. “Entities can now approve the purchase requests and direct the purchase order to the supplier within minutes – if all the required documents are available,” ...

Bloomberg Chancellor Angela Merkel’s cabinet signed off on plans to raise another 62.5 billion euros ($70 billion) in debt to finance the country’s largest stimulus program in recent history. The proposal has yet to be approved by parliament and would increase net borrowing to 218 billion euros this year. In March the Bundestag, or lower house, had already authorised a ...

Bloomberg European car sales showed first signs of a tepid recovery in May as showrooms reopened after a two-month shutdown because of the coronavirus. New auto registrations across the region fell 57% year-over-year, the European Automobile Manufacturers Association said. While that’s the worst May since the group started tracking the data in 1990, it’s an improvement over the 78% plunge ...

Bloomberg UK inflation slowed to just a quarter of the Bank of England’s (BOE) target in May, boosting the case for policy makers to add to their stimulus plan at their meeting this week. Consumer prices increased just 0.5% from a year earlier, the weakest since 2016, amid falling prices of auto fuel and recreational goods. The core rate, which ...

Bloomberg Prime Minister Justin Trudeau’s plan to help Canada’s small businesses pay their rent is off to a slow start, with some landlords hesitant to sign up and others bogged down by red tape. The federal government said earlier this month landlords had applied for only C$90 million ($66 million) from a rent assistance fund on behalf of about 26,000 ...