Bloomberg The Organisation of Petroleum Exporting Countries (Opec) hasn’t decided yet to extend or modify its agreement to cut oil output, Saudi Arabia’s energy minister said, as the coronavirus batters the global economy and threatens demand for crude. Opec and its allies are to meet next week in Vienna to assess their global cuts policy. Energy Minister Prince Abdulaziz bin ...
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UAE health sector attains numerous milestones
ABU DHABI / WAM Since 1971, the UAE’s health sector witnessed numerous milestones and significant achievements, in line with renewed health challenges. The UAE ranks first globally in terms of number of accredited health establishme- -nts, of which 85 percent have obtained global accreditation, as per Joint Commission International (JCI), reports. According to World Health Organisation (WHO), the UAE ranks ...
Read More »Coronavirus could wipe out $1trn from global economy
Bloomberg The worrying prospect that the coronavirus outbreak could become the first truly disruptive pandemic of the globalisation era is renewing doubts over the stability of the world economy. With the death toll approaching 3,000, over 80,000 cases officially recorded and an outbreak in Italy now shutting down the richest chunk of its economy, some economists are beginning to war ...
Read More »Dubai Food Festival kicks off today with thrilling schedule
Dubai / Emirates Business Dubai Food Festival 2020, starts on Wednesday and ends on March 14, promising something for everyone in a thrilling schedule. Organised by Dubai Festivals and Retail Establishment (DFRE), the annual 18-day Dubai Food Festival (DFF) is now in its seventh year, and includes the Foodie Experiences Programme, Dubai Restaurant Week, the Etisalat Beach Canteen, Hidden Gems ...
Read More »Enoc’s Ghaf-tree inspired station to be ready in June
DUBAI / WAM Enoc Group, the Official Integrated Energy Partner of Expo 2020 Dubai, on Tuesday announced a new milestone in the construction of its Ghaf- tree inspired service station located at the Expo 2020 Dubai site. Construction of the region’s first LEED Gold certified service station has reached an impressive 40 per cent. Work began in August 2019 and ...
Read More »Abu Dhabi Tourism Excellence Awards to set new benchmarks
ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has unveiled the panel of world-class, expert judges who will determine the winners of the inaugural Abu Dhabi Tourism Excellence Awards, a new award scheme that has been launched to honour excellence in the travel and tourism industry. The new Abu Dhabi Tourism Excellence ...
Read More »Japanese envoy highlights shared values with UAE
ABU DHABI / WAM The Japanese Ambassador to Abu Dhabi has highlighted the shared values and culture that his country has with the UAE. During a reception celebrating Japanese National Day and the Japanese Emperor’s birthday, Ambassador Akihiko Nakajima said, “When I have a conversation with people in this country, I learn a lot about ‘our’ culture, besides that of ...
Read More »Abu Dhabi updates ‘healthcare master plan’
ABU DHABI / WAM The Department of Health – Abu Dhabi (DoH) has launched an updated version of its Healthcare Capacity Master Plan (HCMP). According to the Abu Dhabi healthcare regulator, the plan is set to be an “essential and comprehensive reference for investors interested in the emirate’s healthcare sector.” “The HCMP lays out the current and future market needs ...
Read More »Almost half of UAE expats have no plans for financial security
DUBAI / Emirates Business Almost half of UAE expats have no plans for financial security post-retirement According to a ‘2020 UAE Security and Savings’ survey by global consultancy, Mercer, nearly half (45 percent) of expat employees in the UAE either have no plans to ensure an adequate standard of living after retirement or plan to work beyond the retirement age ...
Read More »UAE, Dominica visa waiver pact enters into force
ABU DHABI / WAM A visa waiver agreement between the United Arab Emirates and the Commonwealth of Dominica detailing the immigration entry privileges to which citizens of each country are entitled comes into force. The agreement, signed by Prime Minister Roosevelt Skerrit and Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, formalises arrangements under which holders of ...
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