Dubai / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA) praised the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to launch the e-Government initiative 20 years ago. He pointed out that the subsequent ...
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Midday break for outdoor workers in UAE begins
ABU DHABI / WAM As of Monday, the Ministry of Human Resources and Emiratisation (MoHRE) will begin implementing the ban on works performed under the sun and in open places from 12:30 pm to 3:00 pm until September 15. The annual decision, issued by Minister of Human Resources and Emiratisation, requires a worker not to stay in workplace after 12:30 ...
Read More »Etihad Airways operates goodwill flight to Costa Rica
ABU DHABI / WAM Etihad Airways operated its first ever flight from Abu Dhabi to San Jose, capital of Costa Rica. The goodwill flight transported Costa Rican citizens returning home, and humanitarian aid from the Government of the United Arab Emirates, to help Costa Rica in its fight against Covid-19. The Boeing 787-9 was also carrying Dominican nationals returning from ...
Read More »Dafza inks deal with Arab-Brazilian Chamber of Commerce
Dubai / WAM Dubai Airport Freezone Authority (Dafza), has signed a Memorandum of Understanding (MoU) with the Arab-Brazilian Chamber of Commerce (CCAB) to on board the Chamber as a Halal Trade and Marketing Centre (HTMC) service partner, during a webinar held by CCAB. The MoU signing ceremony was attended by Ms. Amna Lootah, Dafza’s Assistant Director-General, and Rubens Hannun, CCAB ...
Read More »SCCI: 10th industrial zone project 15% complete
SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) announced the completion of 15% of the infrastructure development project for the 10th industrial zone. The project is under the patronage of HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, and in collaboration with the Sharjah Department of Town Planning and Survey, ...
Read More »State Bank of India seeks $158m from Anil Ambani
Bloomberg State Bank of India is seeking to recover two guarantees furnished by the former billionaire Anil Ambani, which according to a news report are worth more than $158 million. The state-run lender filed an application with the National Company Law Tribunal to appoint a resolution professional, according to an update on the court’s website. The tycoon, who had offered ...
Read More »Hong Kong’s rich preparing for likely worst-case scenario
Bloomberg One Hong Kong businessman moved $10 million to Singapore and plans to transfer more. Another is eyeing London property, worried that prices in Hong Kong are too high. Well-to-do families across the city are opening offshore bank accounts and applying for alternative passports. While it doesn’t add up to an exodus just yet, Hong Kong’s rich are increasingly hedging ...
Read More »Monsoon to reach India’s financial capital, says IMD
Bloomberg The southwest monsoon, which waters more than half of India’s farmland, was expected to cover the entire western Maharashtra state including Mumbai in the next 24 hours, potentially hurting efforts to fight the virus outbreak in the city that’s emerged as the epicenter of infections in the South Asian nation. Conditions are becoming favourable for the weather system to ...
Read More »India’s Dharavi offers model for nations to contain virus
Bloomberg India’s Dharavi, the continent’s most crowded slum, has gone from coronavirus hotspot to potential success story, offering a model for developing nations struggling to contain the pandemic. Authorities have knocked on 47,500 doors since April to measure temperatures and oxygen levels, screened almost 700,000 people in the slum cluster and set up fever clinics. Those showing symptoms were shifted ...
Read More »EU leaders urge Italy to use recovery plan for reforms
Bloomberg European Central Bank (ECB) President Christine Lagarde and European Commission President Ursula von der Leyen are among leaders urging Italy to take advantage of the region’s proposed 750 billion-euro ($844 billion) recovery plan to speed up structural reforms. The so-called Next Generation EU plan is a “unique opportunity for Italy,†Von der Leyen said in a video message to ...
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