ABU DHABI / WAM The Ministry of Finance (MoF) signed a cooperation agreement with the UAE Central Bank at its premises in Abu Dhabi. The agreement aims to enhance cooperation in areas of joint work, including monetary statistics and government financial and banking information. The agreement was signed by Younis Haji Al Khoori, Under-Secretary of the MoF, and Mohammed ...
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Tokyo / Tribune News Service Japan’s Land, Infrastructure, Transport and Tourism Ministry has decided on a plan to relax the floor area ratio of buildings by 1.5 times, or up to an additional 300 percent, depending on respective conditions. The move is so that hotels can be rebuilt as bigger hotels on the same land area, The Yomiuri Shimbun ...
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New Delhi / Tribune News Service The Enforcement Directorate (ED) said it has attached properties worth Rs.1,411 crore of business tycoon Vijay Mallya and his company United Breweries (Holding) Ltd in a case of alleged diversion of Rs.430 crore from an IDBI Bank Ltd loan to his Kingfisher Airlines Ltd to purchase properties overseas. ED, on its Twitter account, ...
Read More »New Delhi / Tribune News Service The Delhi government fined five prominent private city hospitals Rs 700 crore for not treating poor patients as mandated by the law, underscoring the scanty healthcare options available to the Capital’s economically weaker sections (EWS). Government rules stipulate 10% of all patients admitted to private hospitals must be poor and treated free of ...
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Shanghai / AFP Small-time investor Tracy Li lost more than $3,000 of her hard-earned salary from working at a bank after China’s stock market crashed last summer, wiping out trillions of dollars in valuations in just days. A year later, and she has been burned twice, betting government intervention to prop up the market after the rout would guarantee good ...
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Dubai /Â WAM Dubai Chamber of Commerce and Industry, in its continued quest to harness a robust and competitive business environment, has now commenced the evaluation of applications for both the Mohammed bin Rashid Al Maktoum Business Award and the newly launched 1st edition of the Mohammed bin Rashid Al Maktoum Business Innovation Award. The Mohammed bin Rashid Al Maktoum ...
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Abu Dhabi / WAM The Ministry of Economy (MoE) organized an inspection of the fruits and vegetables market at the Port Zayed area in Abu Dhabi on Sunday. The visit was led by Dr Hashim Al Nuaimi, Director of the Ministry’s Consumer Protection Department, and was held in cooperation with the Department of Economic Development in Abu Dhabi. The event marks ...
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Abu Dhabi / WAM Saeed Eid Al Ghafli, Chairman of the Executive Office, has confirmed that the Government of Abu Dhabi is determined, according to adopted plans, to follow the wise leadership’s guidance seeking to reinforce health services and facilities in the Emirate of Abu Dhabi, and to provide the best available services, treatments and technologies. He made this statement ...
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Abu Dhabi / Emirates Business The Western Union Company, a leader in global payment services, on Sunday launched its “30 Days of Betters” program to reinforce the universal concepts of sharing and caring during the Islamic holy month of Ramadan. The program will run simultaneously in the United Arab Emirates (UAE), Kingdom of Saudi Arabia (KSA), Qatar, Kuwait,Indonesia and ...
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Abu Dhabi / Emirates Business In keeping with the spirit of the Holy Month of Ramadan, Abu Dhabi Fund for Development (ADFD) hosted a religious lecture delivered by Taleb Al Shehhi, Director of Preaching Department at the General Authority of Islamic Affairs and Endowments and Vice Chairman of Sharia Committee at Zakat Fund. The lecture aimed to increase the ...
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