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ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs and Chairman of the 50-year Development Plan Committee, emphasised that preparing for the future with an ambitious vision is a rooted approach of the UAE led by President His Highness Sheikh Khalifa bin Zayed Al Nahyan. While chairing the first ...

SHARJAH / WAM HH Sheikha Jawaher bint Mohammed Al Qasimi, Chairperson of The Big Heart Foundation (TBHF), and Eminent Advocate for Refugee Children at UNHCR, has called on governments and civil society organisations to treat the education of the low-income and crises affected communities as a priority. She noted that the protection of children’s dignity and enabling them access to ...

HADRAMAUT / WAM The UAE, through its humanitarian arm, the Emirates Red Crescent (ERC) on Saturday continued dispatching new food convoys to Arrayda and Qusay’ir districts in Hadramaut Governorate, as part of its humanitarian response programme to ease the suffering of Yemeni families and bringing life back to normalcy. The ERC distributed 700 food parcels weighing more 56.5 tonnes to ...

Bloomberg Jaguar Land Rover Automotive Plc has shelved plans to issue a US dollar bond after investors demanded too high an interest rate to compensate for the risk the coronavirus poses to the luxury carmaker, according to people familiar with the matter. Jaguar hired Bank of America Merrill Lynch to meet investors in the US recently ahead of a potential ...

Bloomberg China’s top leaders said they will exercise more flexibility in monetary and fiscal policy, signaling a greater focus on reviving an economy pummelled by the virus outbreak. Fiscal policy will be more proactive, while construction projects will be accelerated, according to a statement issued after a Politburo meeting chaired by President Xi Jinping on February 21. The central bank ...

Bloomberg Ride-hailing firm Grab Holdings Inc reversed its decision to cease a driver incentive programme in Singapore following a backlash from drivers who are worried about their earnings during the coronavirus outbreak. The move comes after Grab unexpectedly told its driver partners it would replace existing incentive programmes with a new government-backed virus aid package. Grab’s so-called “Super Steady Streak” ...

Bloomberg An Indian government investigation hasn’t found any significant financial irregularities in the operations of the Indiabulls group, according to people familiar with the matter. The companies’ shares jumped. The registrar of companies in its third inspection report has said all transactions between various units of the group have been at arms’ length, the people said, asking not to be ...

Bloomberg The weeks-long closure of schools over virus fears across China and Hong Kong is testing kids — and their parents. Working mom Chen Yan has taken to installing a surveillance camera at home to see what her 12-year-old son is up to during the day while she’s at the office in mainland city of Shaoguan, in Guangdong province. So ...

Bloomberg Samsung Electronics Co will shut down operations at a plant in Gumi City, South Korea, after an employee was confirmed to be infected with the coronavirus. The suspension will last until Monday morning to prevent the virus from spreading, the company said in an emailed statement. Samsung Electronics, has two production lines in Gumi, about 200 kilometers southeast of ...

Bloomberg The White House plans to hold a conference with Huawei Technologies Co rivals to try to accelerate development of affordable competing 5G wireless technology, President Donald Trump’s top economic adviser said. “We’re working carefully, closely with Nokia and Ericsson,” National Economic Council Director Larry Kudlow told reporters. “We’re going to be holding some kind of a conference in about ...