DUBAI / WAM Hessa Essa Buhumaid, Minister of Community Development, revealed that a total of AED166.6 million in marriage grants was disbursed in 2019 for 2,380 beneficiaries all over the UAE, a 15 percent growth over 2018. Buhumaid emphasised that the marriage grants given by the Ministry of Community Development reflect the support of the UAE’s wise leadership for UAE ...
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UAE, Poland, Japan discuss multilateralism, UN reforms
TOKYO / WAM Lana Nusseibeh, Ambassador and Permanent Representative of the UAE to the UN, completed a visit to Tokyo, Japan in her capacity as Co-Chair of the Intergovernmental Negotiations on Security Council Reform for the 74th Session of the UN General Assembly. The visit was at the invitation of the Japanese government and followed her visit to Beijing, China. ...
Read More »Dubai among top 20 ‘most dynamic cities’
Dubai / WAM Cities in the Middle East and Africa are gaining momentum, with Dubai, Riyadh and Nairobi all ranked within the top 20, according to JLL’s City Momentum Index 2020 which identifies the world’s most dynamic cities from a real estate perspective. Now in its seventh year, the annual Index combines socio-economic and commercial property metrics to provide new ...
Read More »UAE to host largest gathering of edtech firms at GESS Dubai
DUBAI / WAM Close to 600 exhibitors featuring some of the world’s leading education-focused brands have confirmed to attend and showcase the latest innovations in education technologies at the 13th edition of GESS Dubai. A leading global education show, part of the GESS portfolio of international education conferences and exhibitions, GESS Dubai will feature the largest gathering of edtech companies ...
Read More »Deal signed to activate Ajman Pay’s e-wallet in MBME kiosks
AJMAN / WAM As part of its commitment to support the digital transformation plan in the emirate of Ajman and improve the quality of all electronic payments, Ajman’s Department of Finance announced that self-service kiosks will be a part of Ajman Pay’s payment channels and customers will be able to register and top-up through MBME’s smart kiosks. Under this agreement, ...
Read More »YouTube to broadcast ‘Call of Duty League’
Bloomberg YouTube secured the exclusive rights to broadcast some of the biggest esports leagues, giving Google a boost in its efforts to push into the lucrative world of video games. The deal, signed between Alphabet Inc’s Google and video game publisher Activision Blizzard Inc, gives YouTube the rights to broadcast the new Call of Duty League and the already-popular Overwatch ...
Read More »US states object to Google’s ‘Wi-Spy accord’
Bloomberg Attorneys general from nine states urged a federal judge to toss out Google’s $13 million settlement of a class-action lawsuit blaming its Street View mapping technology for a massive violation of consumer privacy. The proposed accord in a debacle that became known as “Wi-Spy†doesn’t offer compensation for millions of people whose confidential data was captured off their Wi-Fi ...
Read More »SoftBank’s telecom unit taps banks for bond sale
Bloomberg The Japanese telecom business of Masayoshi Son’s technology conglomerate mandated banks for its first domestic bond sale since listing in 2018, people familar with the matter said. SoftBank Corp will seek to price yen-denominated bonds before March 31, Japan’s fiscal year end, according to the people, who asked not to be identified because the matter is private. The company ...
Read More »China orders travel agencies to cancel tours amid virus threat
Bloomberg China has ordered all travel agencies to suspend sales of domestic and international tours as part of an effort to contain the spread of a novel coronavirus that has killed 25 and sickened hundreds. The Ministry of Culture and Tourism ordered travel agencies and tourism companies to stop selling tour packages beginning from January 24, according to a document ...
Read More »Shetty family’s fortune tumbles $1.5b post Muddy Waters attack
Bloomberg The year is starting off much like the last one ended for the Shetty family. The billionaire clan behind financial services firm Finablr Plc and hospital operator NMC Health Plc has seen its fortune drop more than $1.5 billion since it came under fire in December from short seller Carson Block. The latest blow came after a filing revealed ...
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