News

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 ...

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 ...

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 ...

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 ...

DUBAI / WAM The number of customs transactions completed by Dubai Customs has grown to a record 44 percent in five years (2015-2019) to 13 million at the end of 2019 from 8.9 million in 2015, reflecting a robust national economy and the pivotal role Dubai plays as a global trade hub. It also showcases the modernity and sophistication of ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Tuesday called Chinese President Xi Jinping to review prospects of enhancing the overall strategic partnership between the two friendly countries. The two leaders reviewed a number of issues of mutual interest, with Sheikh ...

PANAMA CITY / WAM Dubai Chamber organised a breakfast roundtable for private and public sector stakeholders in Panama to introduce them to the trade and investment opportunities in Dubai due to Expo 2020, in addition to highlighting Dubai as a global business destination and gateway to the Mena region for Latin American countries. Fourty-five participants representing the private and public ...

Bloomberg As the Hong Kong government posts its first deficit in more than 15 years, all eyes will be on financial secretary Paul Chan’s budget release on Wednesday and how he’ll tap cash reserves to stimulate an economy under pressure from months of unrest and the coronavirus outbreak. Anti-government protests drove the city into recession last year and economists now ...

Bloomberg Malaysia’s political upheaval is jeopardising the economy’s outlook at a time of heightened global risks and brewing discontent among locals about rising living costs. The ruling coalition collapsed Monday amid a power struggle between 94-year-old Prime Minister Mahathir Mohamad and his planned successor. The political uncertainty is stalling economic policy, including a stimulus package that was due to be ...

Bloomberg Several Chinese cities, including Beijing, have dramatically improved their air quality in recent years, while Indian metropolises remain some of the world’s worst polluted, according to a new report. Beijing — once infamous for its toxic haze — has reduced smog levels and dropped down a list of the world’s most polluted cities, falling to 199 from 84 three ...