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Bloomberg Facebook Inc. will limit offices to 25% occupancy, put people on multiple shifts and require temperature checks when it lets employees back into workplaces beginning in July, according to people familiar with the matter. The social media company outlined to staff globally how it plans to handle a return to major job sites starting July 6, providing a glimpse ...

Bloomberg European funding markets have thus far been stubborn in correcting. This may be about to change. A new European Central Bank (ECB) loan facility for tackling the pandemic, known as PELTRO, will be allotted. The interest rate will be 25 basis points below ECB’s main refinancing operations, currently 0%. While it’s less tempting than the upcoming TLTRO III, another ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, inspected the Emirates Field Hospital for Covid-19 patients in Mohamed bin Zayed City in Abu Dhabi, which has a capacity for 1,200 beds and is being run by 46 doctors and medics in addition ...

ABU DHABI / WAM During the first quarter of 2020, the total loans provided by Emirati banks to small and medium-sized enterprises (SMEs) totalled AED93.4 billion, an increase of AED3.9 billion or 4.3 percent compared to AED89.5 billion in the fourth quarter of 2019. The loans provided accounted for some 8.1 percent of the total cumulative balance of credit facilities ...

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec), successfully completed Cold Hydrostatic Testing (CHT) at Unit 4 of the Barakah Nuclear Energy Plant, the Arab world’s first nuclear energy plant being built in the Al Dhafra region of Abu Dhabi. The testing incorporated the lessons learned from the previous three units and is a crucial step towards the ...

ABU DHABI / WAM The Higher Organising Committee of Abu Dhabi International Hunting and Equestrian Exhibition (Adihex) announced that the 18th edition of exhibition, which was scheduled for September 29 – October 3, will be rescheduled to September 2021, under the theme, ‘Sustainability and Heritage… A Reborn Aspiration’. The event will be organised by the Emirates Falconers’ Club and held ...

VIENNA / WAM The Opec Fund for International Development (OFID), joined a group of more than 25 development finance institutions (DFIs) scaling up cooperation in response to Covid-19. The group committed to providing and mobilising billions of dollars of funding to support the private sector in delivering critical healthcare supplies, ensuring micro, small, and medium-sized businesses (SMBs) can access capital, ...

ABU DHABI / WAM The Higher Organising Committee of the Abu Dhabi International Hunting and Equestrian Exhibition (Adihex) announced that the 18th edition of the exhibition, which was scheduled for September 29 – October 3, will be rescheduled to September 2021, under the theme, ‘Sustainability and Heritage… A Reborn Aspiration’. The event will be organised by the Emirates Falconers’ Club ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, inspected the Emirates Field Hospital for Covid-19 patients in Mohamed bin Zayed City in Abu Dhabi, which has a capacity for 1,200 beds and is being run by 46 doctors and medics in addition ...

Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation (MoFAIC) and the Federal Authority For Identity and Citizenship (ICA) Monday said foreign nationals holding valid residence visa can return to the UAE starting June 1. MoFAIC and ICA in a joint statement said the decision stems from the UAE’s keenness to enable those holding valid residence visas ...