News

Abu Dhabi / WAM The Emirates Red Crescent (ERC) is intensifying its development and humanitarian efforts in Tanzania. As part of these efforts, the ERC established two housing complexes with health and educational facilities, and a motherhood and childhood centre, valued at AED13.1 million and benefitting 261,380 people. An ERC delegation currently visiting Tanzania, headed by Mohammed Yousef Al Fahim, ...

Ajman / Emirates Business Ajman Free Zone (AFZ) signed a Memorandum of Understanding (MoU) with the Center for Preventive Medicine Ajman, part of Ajman Medical Zone, with the aim of providing distinctive and exceptional services to investors, companies’ employees and workers, in the Free Zone. The two parties have agreed to exchange data and information that contributes to a smooth ...

ABU DHABI / WAM Around 215 individuals from neighbouring and friendly countries of the UAE evacuated from China have been welcomed at Emirates Humanitarian City. The move follows directives from the UAE leadership to setup Emirates Humanitarian City to provide the evacuees with the necessary monitoring and preventative medical care following their evacuation from the epicentre of the COVID-19 outbreak ...

DUBAI / Emirates Business As the race for “share of mobile” continues, Emirates marks a major milestone with 20 million downloads of its mobile app on the back of a strong mobile and digital strategy that has led to solid consumer uptake particularly in Africa, GCC and Asia. Catering to its global customer base, the Emirates app is available in ...

DUBAI / WAM The French Pavilion, located in the Mobility District, is rapidly shaping up, and is on track for a handover in September, in time for Expo 2020 Dubai. The organisers of the upcoming World Expo welcomed Erik Linquier, General Commissioner; Philippe Mille, Pavilion Director; and Architects, Bernard Mauplot from Atelier du Prado and Jacob Celnikier from Celnikier & ...

Bloomberg Toyota Motor Corp replaced its chief financial officer (CFO) nd a high-ranking foreigner stepped down as part of a management shuffle at the Japanese automotive giant. Kenta Kon, chief officer at the accounting group, will also be CFO, replacing Koji Kobayashi, who will stay on as chief risk officer, Toyota said in a statement. Didier Leroy, who was once ...

Bloomberg US health regulators are watching for potential drug shortages after India restricted the export of some raw pharmaceutical ingredients, a move that could disrupt the industry’s globe-spanning supply chain. India said it would limit export of some common medicines as concerns grow over shortages of chemical ingredients. Many manufacturers of those ingredients in China are shut or making less ...

Bloomberg China’s car sales had the biggest monthly plunge on record as the coronavirus kept shoppers away, intensifying the pressure on automakers already battling an unprecedented slump before the outbreak. Sales fell 80% in February, according to preliminary numbers from the China Passenger Car Association released on Wednesday. Average daily sales improved towards the end of the month compared with ...

Bloomberg While infections in the rest of the world accelerate, the coronavirus epidemic is showing signs of easing at its center — China — with new cases slowing dramatically and recoveries gathering pace. Still, doubt remains over whether the government’s statistics show the full picture. On March 3, China reported 119 new confirmed cases of the coronavirus, the lowest number ...

Bloomberg On Lake Como in northern Italy, spring normally spells the return of the tourists. The likes of George Clooney descend on waterfront villas, couples wander the cobbled streets and design fairs fill hotel rooms with well-heeled travellers. This year, because of the coronavirus, hoteliers are wondering whether the visitors will come at all. Hotels in the area saw more ...