News

Bloomberg The rapid spread of a deadly virus from China will be top of emerging-market investors’ minds as they ponder its impact on the global economy. Concern that the outbreak will develop into something akin to the Sars pandemic of 2003 halted a seven-week rally in developing-nation stocks, currencies and bonds in the five days through Friday. The yuan underperformed ...

ABU DHABI / WAM UAE Minister of Health Abdul Rahman Bin Mohammed Al Owais has stressed that no case of coronavirus infection was found in the UAE and that all necessary precautions have been taken to protect the country from the disease. The minister made the statement during a meeting of the National Emergency, Crisis and Disaster Management team, which ...

ABU DHABI / WAM The Sorbonne Centre for Artificial Intelligence was inaugurated on Sunday at the Sorbonne University Abu Dhabi (SUAD), campus, in the presence of Zaki Anwar Nusseibeh, Minister of State and Chairman of the Board of Trustees of Sorbonne University Abu Dhabi and Professor Jean Chambaz, President of Sorbonne University and Vice Chairman of the Board of Trustees ...

ABU DHABI / WAM The National Health Insurance Company – Daman announced its vision to fill the shortage of qualified actuaries using home-grown talent over the coming decade; providing Emiratis an opportunity with a highly technical qualification whilst circumventing a large global shortage in the specialty. In a press statement on Sunday, Hamad Al Mehyas, deputy Chief Executive Officer of ...

DUBAI / WAM Dubai International Financial Centre (DIFC), has announced the enhancement of its digital onboarding platform, in line with the centre’s continued emphasis on improving the ease of doing business. According to a press release issued by DIFC on Sunday, the new fully integrated digital platform offers a simplified onboarding process and enhanced user experience. The streamlined digital process ...

DUBAI / WAM The Sheikh Zayed Housing Programme approved AED395 million to help 503 citizens acquire residential accommodations through housing loans and grants. The decision was taken as part of efforts to implement the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan; His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the ...

ABU DHABI / WAM The Emirates Authority for Standardisation and Metrology (Esma), held the first training programme for employees of the national accreditation committee, “KAN” and National Standards and National Standardisation Agency of Indonesia “BSN”, in the Indonesian capital, Jakarta. This training programme is aimed at raising the technical capabilities of OIC countries, under the umbrella of the UAE technical ...

DUBAI / WAM Emirates Transport (ET), reported that it completed 10 infrastructure development projects, covering a combined area of more than 250,000 square metres, in 2019. According to Feryal Tawakul, Executive Director of Support Services at ET, the developments were undertaken to support the growing business activities and operations of the corporation, particularly in the transport and auto services sectors, ...

Abu Dhabi / WAM The Abu Dhabi Public Health Centre denied a rumour that a patient in Abu Dhabi was diagnosed with the Novel Coronavirus, also known as 2019 nCoV, and added that the case pertains to a previous type of Coronavirus, which is not dangerous and that the patient is currently being treated. The centre called upon the public ...

DUBAI / WAM The Dubai Multi Commodities Centre (DMCC), the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, the Dubai Gold and Commodities Exchange (DGCX), the largest derivatives exchange in the Middle East, and Richcomm Global Services, the largest independent broker on DGCX, will be hosting the seventh edition of the “Global Commodity Outlook ...