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UAE Pro League launches ‘Child Safeguarding’ initiative

ABU DHABI / WAM The UAE Pro League has become the first governing body in the Middle East to launch a pioneering ‘Child Safeguarding’ programme aimed at ensuring children can enjoy their right to play football in a safe and inclusive environment, and preventing any risk of harm to children involved in the game. The initiative is part of the ...

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UAE reports 30% drop in nitrogen dioxide levels

DUBAI / WAM The Ministry of Climate Change and Environment (MOCCAE) recorded a notable drop in the concentration of major air pollutants due to the transportation restrictions that have been imposed to counter the spread of Covid-19. In this context, MOCCAE reported an average 30 percent decline in the levels of nitrogen dioxide (NO2) across UAE between February 1 and ...

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Covid-19: UAE reports 314 new recoveries

ABU DHABI / WAM In line with the Ministry of Health and Prevention’s plans to increase Covid-19 testing throughout the country for the early detection of infections, particularly among those who had contact with already infected cases, the ministry has conducted 38,000 additional tests. Testing resulted in the detection of 563 new cases among various nationalities, bringing the total number ...

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Hamdan unveils new award for firms battling pandemic

DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, announced an exceptional 4th edition of the Hamdan bin Mohammed Award for Innovation in Project Management featuring a new category titled ‘Innovative Practices in Handling the Covid-19 Pandemic’. With the new category, the award seeks to recognise organisations ...

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IEA expects historic fall in global energy investment

PARIS / WAM The Covid-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year – from fossil fuels to renewables and efficiency – the International Energy Agency (IEA) said in a new report released on Wednesday. The unparalleled decline is staggering in both its ...

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Japan’s bond issuance to exceed $2tn this year

Bloomberg Japan’s government increased the amount of debt it plans to issue this fiscal year for the third time in under two months, seeking to fund its unprecedented economic stimulus. Issuance will surge to 212.3 trillion yen ($2 trillion) in fiscal 2020, according to a plan released by the Ministry of Finance on Wednesday. That’s versus 152.8 trillion yen estimated ...

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EU to propose $826bn fiscal stimulus package

Bloomberg The European Commission unveiled an unprecedented stimulus plan to tackle the worst recession in living memory and underwrite struggling Italy’s membership of the 27-nation bloc. The government in Rome stands to receive 82 billion euros ($90 billion) in emergency grants and up to 91 billion euros in low-interest loans from the package that could be worth as much as ...

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Oil drops from 11-week high with Russia set on easing cuts

Bloomberg Oil declined from the highest settlement in 11 weeks on signs Russia is supporting plans to start easing supply cuts from July, while tensions between the US and China escalated amid the specter of sanctions. Futures fell 1% in New York. Moscow wants to scale back curbs in line with the Opec+ deal, according to people familiar with the ...

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Sharjah reopens leisure, eco-tourism destinations

SHARJAH / WAM Sharjah Investment and Development Authority (Shurooq) has announced the completion of a sterilisation drive across its properties, and opened its doors to their popular leisure and entertainment destinations, Al Qasba, Al Majaz Waterfront, Al Noor Island, the Flag Island, Heart of Sharjah, Mleiha Archaeological & Ecotourism Project, Khorfakkan Beach, Maraya Art Centre and 1971-Design Space. In addition, ...

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DSOA carries out 3,000 transactions remotely since mid-March

DUBAI / Emirates Business Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), announced the completion of more than 3,000 transactions worth approximately AED10 million in two months, from mid-March to mid-May this year, while working remotely. In addition to the existing 395 smart services available online, through the customer service portal, DSOA launched seven new ...

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