Dubai / Emirates Business Dubai Land Department (DLD), through its Real Estate Regulatory Agency (RERA), announced that it will continue to provide all support services to its customers and ensure business sustainability in the current exceptional circumstances. These services guarantee continued work in the real estate sector at its usual pace, confirming its importance in driving the national economy, and ...
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SDPW launches ‘We are Responsible’ campaign
SHARJAH / WAM The Sharjah Directorate of Public Works (SDPW) announced the launch of the first phase of the ‘We are Responsible’ campaign, which included sterilising the buildings of the department in cooperation with Bee’ah. The campaign includes sterilising offices, surfaces, tools, devices, and various equipment, facilities and services in the various branches of the department, in addition to distributing ...
Read More »Government portal records 11.75m e-services transactions
ABU DHABI / WAM Latest figures on the activity of the official portal of the UAE government recorded around 11.752 million transactions involving the most used e-services in 2019. The UAE achieved significant accomplishments in the field of digital transformation in recent years, due to the provision of 5,713 federal and local government services through the official government portal in ...
Read More »UAE condemns terror attack attempt in Egypt
ABU DHABI / WAM The United Arab Emirates has condemned an attempted terror attack in the Arab Republic of Egypt that resulted in the killing of a policeman and the wounding of several others. In a statement, the Ministry of Foreign Affairs and International Cooperation praised the vigilance, sophistication, and efficiency of the Egyptian security forces’ response, which resulted in ...
Read More »Fujairah oil product stocks climb highest since Feb record
Fujairah / WAM Volumes of oil products held in storage at Fujairah climbed to their highest since the all-time high seen in February as tumbling demand from the coronavirus pandemic left more supplies in the eastern UAE port. Stocks rose 5.3 percent over the past week to 24.953 million barrels, with the greatest build seen in light distillates, according to ...
Read More »SCCI reaffirms support for private sector
SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) underlined its keenness on the constant coordination with the private sector to support its activities in the emirate of Sharjah in general and in eastern and central regions in particular. The coordination will be through the chamber’s branches in these cities by creating an enabling environment to enhance the ...
Read More »India plans partial lockdown exit to start stalled economy
Bloomberg India will allow makers of information technology hardware, farmers and industries in rural areas to resume operations after April 20 as Prime Minister Narendra Modi crafts a plan to exit the world’s biggest lockdown and revive stalled economic activity. Amid a three-week lockdown that’s been extended to May 3, the government will also lift restrictions to allow e-commerce companies, ...
Read More »US returns $300m Jho Low-linked funds to Malaysia
Bloomberg The US returned to Malaysia another $300 million that was recovered as part of the Justice Department’s forfeiture lawsuits targeting assets that fugitive financier Low Taek Jho and his associates bought with funds allegedly stolen from the country’s 1MDB investment fund. With the latest repatriation, the US has sent $600 million back to Malaysia as part of the continuing ...
Read More »Coronavirus pandemic may hit banana supplies in Asia next
Bloomberg Get your potassium while you can. The coronavirus pandemic may limit supplies of bananas in Asia. Growers in the Philippines, the world’s second-biggest exporter, said overseas shipments may drop by nearly 40% this year as lockdowns and social distancing measures curb output and transport. The country’s exports of the fruit are expected to plunge to about 2.5 million tons ...
Read More »Thai PM tells people to sell gold gradually
Bloomberg Thailand’s gold shops are running out of cash because so many people want to sell ornaments, jewelry and bars amid an economic slowdown. “I’m asking people to sell gradually, not in large amounts, as shops may face a cash crunch,†Prime Minister Prayuth Chan-Ocha said in a briefing on Wednesday in Bangkok. The yellow metal remains a popular way ...
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