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Workers win war on low wages in EU’s most stable economy

Bloomberg Czech workers are slowly winning the war on low wages. Faced with the European Union’s lowest unemployment rate, companies are tackling a dearth of able bodies in the country of 10.6 million with bonuses and higher salaries. According to Josef Stredula, the head of the nation’s umbrella union, that will continue for several more years as labor costs lie ...

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UAE, Canada discuss ways to boost economic, investment ties

OTTAWA / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met Francois-Philippe Champagne, Minister of International Trade of Canada at the Canadian Foreign Ministry in Ottawa. During the meeting, which was held on the sidelines of Sheikh Abdullah’s official visit to Canada, the two sides discussed bilateral relations and ways to further ...

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UAE and Italy discuss security cooperation

ROME / WAM The UAE Ambassador to Italy, Saqr Nasser Al Raisi, met the General Commander of the Italian Military Force or ‘Carabinieri’, Giovanni Nistri, in the presence of a number of senior generals and officials. During the meeting, Al Raisi emphasised the UAE’s keenness to work with friendly countries in all fields, especially enhancing international security and community safety. ...

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ADX joins Equichain’s blockchain working community

Abu Dhabi / Emirates Business Equichain announces the signing of a partnership agreement with the Abu Dhabi Securities Exchange (ADX) to join its working community, which aims to bring efficiencies to capital markets. London-based fintech Equichain operates two exclusive, invitation-only working groups: one for institutional investors and one market infrastructure providers. The goal of this strategic initiative is to seamlessly ...

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Guyana grants visa on arrival to Emiratis

ABU DHABI / WAM The Ministry of Foreign Affairs and International Cooperation announced that citizens of the UAE with diplomatic, private and regular passports can obtain a visa to Guyana upon arrival at the airports. Ahmed Alham Al Dhaheri, Assistant Under-Secretary for Consular Affairs at the Ministry of Foreign Affairs and International Cooperation, said that the UAE’s Embassy in Brasilia ...

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dnata appoints new global head of culinary

Dubai / Emirates Business dnata, one of the world’s largest air services providers, is further investing in its culinary catering capability with the appointment of globally-experienced chef Stephen Templeton to the newly created post of Global Head of Culinary for its international catering division. In his role, Templeton will be responsible for managing all aspects of food presentations, hospitality, kitchen ...

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I-Insured launches AI-based app to reduce traffic accidents

Dubai / Emirates Business The UAE Vision 2021 aims to reduce traffic casualties from about six per 100,000 people to three per 100,000. I-Insured, the retail unit of the largest insurance group in the MENA region on Monday launched an artificial intelligence (AI) based SafeDriver Pay-How-You-Drive (PHYD) app that aims to meet this vision and reduce traffic accidents significantly. The ...

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Emirates to launch Airbus A380 service to Hamburg

DUBAI / Emirates Business Emirates, the world’s largest international airline, announced on Monday that it will introduce the first scheduled commercial Airbus A380 service to Hamburg. To commemorate the inaugural arrival in Hamburg on October 29, the A380 will be deployed on the morning service (EK059/EK060), while from October 30 the A380 will be regularly deployed on the afternoon service ...

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DLD’s new 10X project creates global virtual realty platform

Dubai / WAM As part of its contribution to the Dubai 10X initiative, the Dubai Land Department (DLD), has announced the introduction of the Real Estate Self Transaction ‘REST’, a platform for conducting real estate trading and transactions with multiple parties, anywhere and anytime. The new platform enables the complete digital management of real estate transactions, eliminating paper documents and ...

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UAE rescues, flies in Socotra cyclone victims for treatment

Abu Dhabi / WAM The UAE has responded quickly, since the tropical Cyclone Mekunu hit the Yemeni island of Socotra, to rescue residents and assure they receive all the medical care needed. Seventeen injured Yemenis were evacuated from Socotra to the UAE, along with their escorts, for medical treatment, in implementation of the directives of the President His Highness Sheikh ...

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