News

DUBAI / WAM Emirates Post has opened its new international operations hub in Dubai International Airport (DXB) to provide global e-commerce, parcel and logistics brands a gateway to the UAE, KSA, and regional markets. In the wake of Covid-19 and the restrictions imposed on regional and international travel, the postal, parcel and logistics industries face a series of setbacks including ...

ABU DHABI / WAM Chief Minister of South Indian State of Kerala, Pinarayi Vijayan, has expressed full appreciation about the work being done by the UAE Government in protecting expatriates from his state living in the UAE. The government of Kerala has asked Keralite community organisations in the UAE to coordinate their efforts with the UAE agencies to provide relief ...

ABU DHABI / WAM A United Arab Emirates aid plane carrying approximately 33 metric tons of medical supplies was dispatched to Ethiopia to assist approximately 33,000 healthcare professionals. The aid plane transported 15 metric tons of aid provided by the UAE to Ethiopia, as well as 3 metric tons provided by the UAE to the African Union and 15 metric ...

DUBAI / WAM DP World UAE Region announced on Monday that it has implemented a “rapid and resolute” action plan to secure the health and safety of its people and its services across all its business, logistics and supply chain assets to keep essential trade flowing in the midst of the global pandemic. The comprehensive and inclusive measures are being ...

Dubai / WAM The Smart Dubai Department launched a Data Sharing Toolkit in partnership with globally renowned innovation foundation, Nesta, to help unlock the value of data by creating trusted and ethical mechanisms for individuals, as well as public and private sector organisations, to share data. The new initiative was launched on International Open Data Day on March 7. Designed ...

ABU DHABI / WAM The governor of the central bank of the UAE (CBUAE), Abdulhamid Saeed, held his first meeting with CEOs of banks operating in the country to emphasise the systemic significance of extending support to private sector companies and individuals affected by Covid-19 as part of the Targeted Economic Support Scheme (TESS).The meeting comes as part of its ...

Bloomberg India is seeking ways to resume construction of highways and arterial roads in districts least impacted by the coronavirus outbreak as it charts out a plan to revive Asia’s third-largest economy. Builders were constructing 31 kilometres (19.3 miles) of roads a day before Prime Minister Narendra Modi ordered the lockdown starting from March 25. India plans to spend $12 ...

Bloomberg The contraction in China’s foreign trade is set to continue through the second quarter, as global demand remains depressed by measures to curb the ongoing coronavirus outbreak. Both exports and imports are forecast to have slumped 10% or more in March, with data due on Tuesday expected to show a continuation of the declines seen in the first two ...

Bloomberg The Philippines has temporarily barred doctors, nurses and other health workers from leaving for overseas work amid the coronavirus outbreak, a move that irked its top diplomat who pledged to fight the ban. The Philippine Overseas Employment Administration issued a resolution on April 2 halting the departure of workers in 14 medical professions for the duration of the nation’s ...

Bloomberg China’s largest food-delivery site Meituan has hit back against allegations that it charged onerous commissions to restaurants during the Covid-19 outbreak, underscoring the delicate balance the company must strike to get its business back on track. Responding to complaints from a restaurant association in the southern province of Guangdong, Meituan said its average profit per delivery order was less ...