News

DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has said that the government of Dubai is fully committed to supporting Emirates Airline during the current global climate. As a shareholder of Emirates, the government of Dubai will inject equity into the company, considering its strategic ...

Sharjah / Emirates Business As early as January 2019, an unprecedented 70.8 million people had been forcibly displaced worldwide. Against the backdrop of these overwhelming numbers, the Sharjah-based global humanitarian organisation, The Big Heart Foundation (TBHF), continued to intensify its philanthropic efforts in 2019 in the vital sectors of emergency relief, healthcare, education and livelihood with the strategic inclusion of ...

DUBAI / WAM Enoc Group has urged customers to make use of the safety offered by ENOCPay, its cashless and cardless payment platform accepted across all its retail service stations in the UAE, in line with the UAE government’s efforts to maintain social distancing following the Covid-19 pandemic, With ENOCPay, customers can refuel with zero contact with machines or fuel ...

Dubai / WAM Adnoc Distribution announced that its dividend policy will see the 2020 dividend increase to AED2.57 billion, an increase of 7.5 percent compared to 2019. The announcement was made on Tuesday during the company’s General Assembly meeting which was held remotely via video conference as part of the Adnoc Distribution’s measures to ensure the safety and well-being of ...

AJMAN / WAM HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, issued Emiri Decree No. 7 for 2020, to adopt the government’s package to support Ajman’s local community and business sector. The decree aims to reduce the economic and financial burdens on the local community and business sector and overcome the social and economic ...

DUBAI / WAM The Ministry of Community Development (MoCD) has launched four interactive channels under a new initiative named ‘Taaluf’ to provide family counselling for free to all UAE community members. In a statement, the Ministry said that the launch of the counselling initiative aims to mitigate the psychosocial and mental health impacts of Covid-19 on individuals during home quarantines ...

Bloomberg Chinese manufacturing activity rebounded strongly in March, signalling that the world’s second-largest economy is restarting just as it faces a growing threat from slumping external demand. For manufacturing, the official purchasing managers’ index rose to 52.0 this month, according to data released by the National Bureau of Statistics (NBS) on Tuesday. That’s up from a record low of 35.7 ...

Bloomberg India’s coronavirus response has unwittingly done away with the endless paperwork that has come to define bureaucracy, as electronic files replace physical records and technology makes in-person meetings redundant. The Finance Ministry is practicing the government’s 21-day social distancing order to prevent the spread of coronavirus by moving all communication online, while keeping minimum staff on roster to attend ...

Bloomberg Indian Railways, the world’s fourth-biggest network, is converting at least 5,000 coaches into isolation wards amid fears the world’s most populous country after China may not have adequate infrastructure to deal with the pandemic. Mosquito nets and charging points for mobile phones and laptops have been fitted, and space has been created for paramedics, Indian Railways said in a ...

Bloomberg Indonesia plans to mobilize volunteers to fight the spread of coronavirus in coastal villages and the vast hinterlands of the archipelago with part of a $4.4 billion rural budget to be used to fund the initiative. The squads of volunteers will help authorities in increasing awareness about the pandemic in the country’s almost 75,000 villages, collect data on people ...