News

ABU DHABI / WAM The United Arab Emirates on Monday sent an aid plane containing seven metric tonnes of medical supplies to South Africa to bolster the country’s efforts to limit the spread of Covid-19. The aid will assist approximately 7,000 medical professionals as they work to contain the virus. Commenting on the aid delivery, Mahash Saeed Al Hameli, UAE ...

Dubai / Emirates Business Cityscape, the region’s pre-eminent real estate brand, has launched a new online portal developed to be a central hub of information for real estate. This move meets the need for a curated real estate news aggregation and market insight and, with a legacy of connecting international property with investment over the past two decades, Cityscape is ...

DUBAI / WAM Dubai Customs announced that its external trade of masks during the first quarter of 2020 reached AED60.5 million, compared to the 2019 yearly total of AED63.5 million. To meet the rising demand of masks and medical gloves, Dubai Customs took further steps and procedures to facilitate the trade of these items against the outbreak of Covid-19, the ...

ABU DHABI / WAM The Department of Municipalities and Transport (DMT) announced that the number of building permits issued by its subsidiaries in the first quarter of this year increased by 10 percent compared to the same period last year to reach 2,563 permits for buildings in various vital sectors. According to the department’s report, the building permits for residential ...

ABU DHABI / WAM The number of economic incentives launched by the Federal Government and local governments in the country’s emirates exceeded 100 over 45 days, as per a survey conducted by the Federal Competitiveness and Statistics Authority. These incentives include providing banking facilities to various economic sectors and small and medium-sized enterprises (SME) in addition to individuals, as well ...

ABU DHABI / WAM Al Dahra Holding LLC announced the signing of a Memorandum of Understanding (MoU) for a strategic partnership with Bulgaria-based AJD Agro Ltd. for the cultivation and supply of essential crops and forage – including alfalfa and other grasses – and the establishment of forage processing and dehydrating plants across various locations in Bulgaria in the near ...

Bloomberg An Indonesian maker of clothes for Prada and Armani is now producing millions of hazardous material suits after the government called for help fighting Covid-19. PT Pan Brothers, which also makes garments for Adidas, is pumping out jumpsuits along with millions of face-masks each week, many of then headed to front-line workers. While the focus has been on domestic ...

Bloomberg India has banned use of air ambulances and other medical evacuations unless the treatment required is not available locally, as a nationwide lockdown to curb the spread of the coronavirus is extended, according to people with knowledge of the matter. Planes carrying patients will only be allowed to fly if local authorities determine treatment isn’t available at the point ...

Bloomberg Indonesian President Joko Widodo called for an urgent expansion of testing and aggressive containment measures to prevent the spread of coronavirus that’s killed almost 600 people in the world’s fourth-most populous nation. Large scale testing nationwide should be followed by aggressively tracking and isolating those exposed to the deadly disease, Jokowi, as the president is known, told a cabinet ...

Bloomberg China urged India to revise new investment rules that seek to block companies from neighboring nations taking over local businesses, saying they’re in violation of principles laid down by the World Trade Organization. The curbs seeking to cut the risk of opportunistic takeovers as the coronavirus outbreak drives down valuations of Indian companies “go against the general trend of ...