News

Bloomberg Ho Chi Minh City, Vietnam’s biggest metropolis, faces an increasing risk of flood disasters given rapid infrastructure expansion driven by economic growth, according to McKinsey Global Institute. The chance of such events could increase five to 10 times by 2050, resulting in economic and infrastructural damage that could cost billions of dollars, according to a McKinsey report, dated April. ...

Bloomberg China and South Korea have asked Japan to join them in relaxing controls on business travel as virus cases tail off, the Yomiuri newspaper reported, without saying where it got the information. Japan remains reluctant to loosen what are currently some of the tightest border controls in the developed world, which were introduced over the past few weeks in ...

Bloomberg In the face of an unprecedented oil market collapse, Opec+ is responding with an urgency never seen before. With unusual speed, the alliance is launching an unparalleled program of production cutbacks this month to offset the slump induced by coronavirus pandemic. The 23-nation coalition is well on its way to cutting 9.7 million barrels of daily crude output — ...

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, offered his condolences to Ahmed Al Haj Abdullah Al Habroush on the death of his mother. In a phone call, His Highness Sheikh Mohamed expressed his heartfelt sympathy to the family of the deceased, ...

Abu Dhabi / WAM The UAE, through its humanitarian arm, the Emirates Red Crescent (ERC) has provided 1,000 food parcels weighing 43 tonnes to the residents of Daw’an district in the Yemeni Governorate of Hadramaut. The aid package was administered in line with the UAE’s efforts to help the families in Hadramaut impacted by the precautionary measures taken to contain ...

ABU DHABI / WAM Abu Dhabi Agriculture and Food Safety Authority (Adafsa) has directed major stores in Abu Dhabi to dedicate prominent spaces to display local agri-products, under the directives of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs, and Chairman of Adafsa. The move, taken in coordination with Adafsa’s strategic partners from ...

NEW YORK / WAM During an open debate of the UN Security Council on strengthening working methods of the body, the UAE discussed how the functioning of the Security Council can be improved during both the current extraordinary circumstances of the Covid-19 Pandemic as well as in its normal proceedings. “The coronavirus has thrown a curveball at the Security Council. ...

Dubai / Emirates Business Dubai Design District (d3) has joined the Arab Fashion Council on #AThread4Cause to combat Covid-19, with seven partners poised to create thousands of protection gowns and surgical face masks for frontline medical workers. Dubai’s beating heart of creative design, home to more than 9,000 people and 385 companies, has pledged its support to #AThread4Cause – a ...

Dubai / WAM In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Saeed Mohammed Al Tayer, MD& CEO of Dubai Electricity and Water Authority (Dewa) chaired the first meeting, held remotely, with Dewa’s higher management team, to discuss the post-Covid-19 era. The meeting was attended ...

ABU DHABI / WAM Abu Dhabi Waste Management Centre (Tadweer) announced the 2019 results of a community awareness survey on proper waste handling and pest control practices. Conducted in partnership with Statistics Centre Abu Dhabi (SCAD) the survey used the stratified sample method and personal interviews with 2760 UAE citizens and residents from both genders and age groups across Abu ...