ABU DHABI / WAM The United Arab Emirates on Wednesday sent an aid plane containing 7.7 metric tons of medical supplies to Zimbabwe to bolster the country’s efforts to curb the spread of Covid-19. The aid will assist more than 7,700 medical professionals as they work to combat the virus. Commenting on the aid delivery, Dr Jassim Mohammed Mubarak Al ...
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MBRSC shares KhalifaSat images of world’s biggest airports
DUBAI / Emirates Business While the Earth might be filled with grounded planes, they will all be taking to the skies soon. In an appropriate response to the ‘Stay at Home’ movement, most passenger planes have been rested across airports around the world, awaiting their next flight dates. The photos of the world’s biggest airports such as Dubai International Airport, ...
Read More »Emirates Aviation University receives 5 Star rating from QS
Dubai / Emirates Business Emirates Aviation University, the academic wing of the Emirates Group and one of the region’s most prestigious educational institutions, has been awarded an overall score of 5 Stars by QS Stars University Ratings for its outstanding performance and academic excellence across a wide range of categories. The university is the first non-federal educational institution to receive ...
Read More »Dubai Taxi teams up with ‘LinkedIn Learning’
DUBAI / WAM Road and Transport Authority’s Dubai Taxi Corporation (DTC) engaged in a remote employee-training model via the smart application ‘LinkedIn Learning’. Around 120 employees have benefited from the online training programmes in the platform, which has about 15,000 learning and training courses updated weekly and delivered by an array of industry experts. The step is part of the ...
Read More »UAE unveils ‘remote inspection initiative’ for e-sales platforms
ABU DHABI / WAM The Consumers and Markets Services Sector – the field arm of the Abu Dhabi Quality and Conformity Council (ADQCC)- launched its remote inspection initiative, to inspect online platforms, websites and points of sale, that have become a major preference for many consumers for purchasing their needs. In a statement by the council on Wednesday, the initiative ...
Read More »TRA responds to over 34,000 cyber-attacks
DUBAI / WAM The National Computer Emergency Response Team (aeCERT) in the Telecommunications Regulatory Authority (TRA) responded to approximately 34,000 cyber-attacks, during April. The TRA’s monthly report on cybersecurity developments in the Federal Government of the UAE for April, noted that the cyber-attacks varied between malware (46 percent), vulnerabilities (47 percent) and phishing attacks (7 percent). The team also dealt ...
Read More »UAE launches unified legislative framework for Islamic finance
Dubai / WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Minister of Finance and Governor of the Islamic Development Bank (IDB) for the United Arab Emirates, announced on Wednesday the launch of a new initiative to create a unified global legal and legislative framework for the Islamic finance sector. Launched by the UAE Ministry of Finance in partnership with the IDB, ...
Read More »India raises special tax on fuel as deficit set to breach target
Bloomberg India increased a special tax on gasoline and diesel as pressure builds on Prime Minister Narendra Modi’s government to bridge a ballooning budget deficit. Additional levies on gasoline were raised by 10 rupees ($0.13) a litre effective on Wednesday and that on diesel by 13 rupees, according to government statements. Pump prices will, however, not change, the government said. ...
Read More »Hong Kong retail slumps as Chinese consumers vanish
Bloomberg Hong Kong’s retailers will need to get creative to survive the deepening recession that’s enveloped the city as tourists from the mainland who fuelled past rebounds are unlikely to come to the rescue this time. The city’s retail sales by value in March sank 42% from a year earlier to HK$23 billion ($2.97 billion), according to a government release. ...
Read More »JPMorgan strikes deal in China
Bloomberg JPMorgan Asset Management’s alternative investment arm has struck a joint venture with New Ease China to capitalise on the nation’s booming logistics sector as online shopping skyrockets. JPMorgan Global Alternatives will partner with Shanghai-based logistics real estate investor New Ease to invest in properties across China, according to a statement on Wednesday. The initial portfolio consists of logistics facilities ...
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