ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi has shared detailed guidelines with the emirate’s hotels in preparation for granting approvals to reopen the establishments’ restaurants, lounges, beaches, pools and gyms. Having closed due to health and safety precautionary measures imposed to contain the spread of the Covid-19 virus, hotels will now be able to ...
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Seha receives over 60,000 calls on Estijaba hotline
ABU DHABI / WAM In collaboration with the Department of Health Abu Dhabi, the Abu Dhabi Health Services Company (Seha), UAE’s largest healthcare network, has announced receiving more than 60,000 calls via the Estijaba hotline in March and April with enquiries, comments and appointment or screening requests related to Covid-19 since the outbreak of virus in the UAE. During this ...
Read More »UAE sends medical aid to Congo in fight against Covid-19
ABU DHABI / WAM The UAE on Monday sent an aid plane carrying five metric tons of medical supplies to the Democratic Republic of Congo. The aid will assist approximately 5,000 medical professionals as they work to combat the Covid-19 pandemic. Commenting on the aid delivery, Hazza Mohammed Al Qahtani, UAE Ambassador to Rwanda, remarked, “The provision of aid today ...
Read More »UAE emphasises on confidence-building measures to promote cyber security at UNSC
NEW YORK / WAM UAE emphasised the importance of implementing confidence-building measures and for Member States that have experience in implementing existing cyber norms to share their lessons learned best practices in a UN Security Council meeting on cyber stability, capacity building and conflict prevention. “Although the digital environment is increasingly being used for malicious activity, we should not lose ...
Read More »Rival plans for EU crisis fund signal bumps in road to come
Bloomberg European Union (EU) governments are trying to forge a consensus over how to provide aid to the countries hardest hit by the coronavirus pandemic. With France and, crucially, Germany proposing a jointly-financed recovery fund to help the region cushion the blow from the steepest recession in living memory, the outcome of the talks could determine the bloc’s future direction ...
Read More »Schaeuble backs landmark deal to shield EU from Covid-19 fallout
Bloomberg Former German Finance Minister Wolfgang Schaeuble backed the European Union’s (EU) proposed 500 billion-euro ($545 billion) economic-recovery plan, adding a key voice to a standoff with EU countries focusing on fiscal austerity. The comments by Schaeuble, who remains influential within Chancellor Angela Merkel’s Christian Democratic Union (CDU) party, suggest he’s gearing up to play a role when the package ...
Read More »Swedish jobless rate rises to 7.9% in April
Bloomberg Sweden’s unemployment rate rose more than expected in April as the effects of the Covid-19 crisis continued to wreak havoc across the Nordic region’s biggest economy. The seasonally-adjusted jobless measure increased to 7.9% from 6.7% a month earlier, Statistics Sweden reported. Economists were expecting a rate of 7.8%, according to the median of seven estimates from a Bloomberg survey. ...
Read More »Hertz says pandemic decimated revenue, leading to bankruptcy
Bloomberg Hertz Global Holdings Inc., the car-rental company which filed for bankruptcy, said the collapse in air travel amid the coronavirus hit its biggest source of rental revenue. “The overall impact of the Covid-19 crisis devastated our revenue,†according to a court filing signed by Jamere Jackson, an executive vice president and chief financial officer of Hertz. The company, whose ...
Read More »Aston Martin to tap AMG head as new CEO
Bloomberg Aston Martin Lagonda Global Holdings Plc is poised to replace Chief Executive Officer Andy Palmer with the head of Daimler AG’s Mercedes-AMG performance division, according to people familiar with the matter. AMG head Tobias Moers could be named as Aston Martin’s new CEO as soon as this week, the people said, asking not to be named because the matter ...
Read More »German businesses bet on gradual rebound from virus hit
Bloomberg German businesses are counting on an improvement in the economy in the second half after the coronavirus pandemic depressed private spending and investment and plunged the economy into a recession. Companies surveyed by Ifo showed cautious optimism in May, with a gauge of expectations rising after the previous month’s plunge. A full-fledged recovery though is still a long way ...
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