Abu Dhabi / WAM The UAE  has sent a plane carrying 18 metric tons of medical and food aid to Mauritania as a gesture of solidarity in the fight against the Covid-19 pandemic. The shipment, which contained testing kits, medical devices, and food supplies, will assist approximately 10,000 healthcare workers in Mauritania as they work to contain spread of Covid-19. ...
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Guardians of global economy come up short in virus battle
Bloomberg The guardians of the global economy came up short. Facing what the International Monetary Fund (IMF) says is a crisis like no other, policy makers from leading economies agreed this past week on a set of initiatives to help emerging markets and poor nations weather the coronavirus shock, including a path-breaking halt on debt payments. But critics faulted the ...
Read More »GoAir asks 90% of its staff to go on leave without pay
Bloomberg Go Airlines India Ltd. has asked as many as 90% of its 5,500 employees to go on indefinite leave without pay, as a government ban on flights amid a coronavirus lockdown dries up cash flow for the budget airline, people with knowledge of the matter said. The airline, the second biggest customer for Airbus SE in one of the ...
Read More »Etihad to provide meals for people affected by Covid-19
Abu Dhabi / Emirates Business Etihad Airport Services Catering (EAS Catering) has been commissioned by various government entities, business organisations and community centres, to prepare and provide meals to individuals impacted by the global spread of Covid-19. The facility has been selected to support these initiatives due to its stringent food handling procedures. One of the only food facilities to ...
Read More »Agthia Group shareholders approve 15% cash dividend
ABU DHABI / Emirates Business Agthia Group PJSC, one of the region’s leading food and beverages companies, held its 15th Annual General Meeting virtually over video conference. During the AGM, shareholders approved a cash dividend of 15% for an amount of AED 90 million. Among other published and approved agenda items, Agthia announced election results of its board. The group’s ...
Read More »Rakez carries out medical check-ups for labourers
Ras Al Khaimah / Emirates Business Ras Al Khaimah Economic Zone (Rakez) has carried out 10,000 medical check-ups for labours in working from Rakez industrial zones. The check-ups took place inside clients’ facilities and labour accommodations within the sites. This ongoing initiative is being conducted in collaboration with the Ministry of Health and Prevention (MOHAP), which brought the team of ...
Read More »FNC to hold 7th session remotely
Abu Dhabi / WAM The Federal National Council (FNC) will hold the seventh session of its first ordinary session of its 17th legislative chapter remotely on Tuesday, chaired by Saqr Ghobash, Speaker of the FNC, with the attendance of government representatives. According to the session’s agenda, the FNC will discuss a draft federal law on cooperatives, reflecting the FNC’s keenness ...
Read More »UAE maintains global leadership in number of coronavirus testing
ABU DHABI / WAM The UAE has maintained its global leadership in maximising coronavirus tests in terms of the number of tests per one million people. It has also implemented precautionary measures appreciated by the entire community. According to statistics from the Worldometer website, the UAE has performed over 77,550 tests per million people and has expanded its coronavirus drive-through ...
Read More »Incentives, exemption plans for businesses, residents launched
Dubai / Emirates Business In a bid to support business continuity and enable its business partners to overcome the effects of the current economic slowdown following the outbreak of the Covid-19 pandemic, Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), on Sunday announced exemptions, incentives and flexible payment plans for companies, commercial tenants, and residents ...
Read More »UAE sends medical aid to Mauritania in fight against Covid-19
ABU DHABI / WAM The United Arab Emirates has sent a plane carrying 18 metric tons of medical and food aid to Mauritania as a gesture of solidarity in the fight against the Covid-19 pandemic. The shipment, which contained testing kits, medical devices, and food supplies, will assist approximately 10,000 healthcare workers in Mauritania as they work to contain the ...
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