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Etihad trials Iata Travel Pass on US, Canada flights until May 31

Abu Dhabi / WAM Etihad Airways, the national carrier of the United Arab Emirates, has begun trial of the Iata Travel Pass app to manage passengers’ travel health credentials from Abu Dhabi to Chicago, New York, Washington and Toronto, until May 31. Mohammad Al Bulooki, Chief Operating Officer, Etihad Aviation Group, said, “With the dynamically changing health requirements for travel, ...

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Webinar on family businesses, common conflicts held

Dubai / WAM Dubai Chamber of Commerce and Industry in cooperation with Family Business Council Gulf (FBCG) hosted a webinar, which offered valuable insight on the changing dynamics of family businesses in Dubai, common conflicts that can arise and practical steps that can be taken to address them. The virtual event, attended by nearly 50 participants representing family businesses in ...

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ADIB donates AED1mn to ‘100 Million Meals’

ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) has donated AED1 million to provide one million meals in the region’s largest food donation campaign ‘100 Million Meals.’ Launched on April 11, the ‘100 Million Meals’ campaign aims to provide food parcels for disadvantaged individuals and families across 30 countries in the Middle East, Asia, Africa, Europe and South America ...

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EU coal laggard faces snags in plan to spinoff dirty assets

Bloomberg Poland’s plan to carve out coal-fired power plants sparked a rally in the country’s biggest utilities. Now for the hard part — approving it. Deputy Prime Minister Jacek Sasin’s proposal, which would free up state-owned companies to invest in clean energy, has to win over trade unions, the European Union’s executive and gain approval from Poland’s bickering coalition government. ...

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Xi challenges US leadership, warns against decoupling

Bloomberg Chinese President Xi Jinping called for greater global economic integration and warned against decoupling while calling on the US and its allies to avoid “bossing others around.” “International affairs should be conducted by way of negotiations and discussions, and the future destiny of the world should be decided by all countries,” Xi said on Tuesday at the Boao Forum ...

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UAE, Pakistan discuss ways to further develop cooperation

Abu Dhabi / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, on Monday received, in his palace, Makhdoom Shah Mahmood Qureshi, Foreign Minister of Pakistan, who is currently visiting the UAE. During the meeting, Sheikh Nahyan welcomed Qureshi and his delegation, and both sides discussed ways to further develop cooperation between the UAE and Pakistan, to ...

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Dubai’s external foodstuff trade amounts to AED52bn in 2020

Dubai / WAM The UAE showed an outstanding performance in securing food during the Covid-19 pandemic with Dubai external foodstuff trade reaching AED52 billion in 2020, according to Dubai Customs. “Food security is gaining more importance under the current circumstances, and the challenges posed by the pandemic which swept across the world,” said Nassim Al Mehairi, Manager of Statistics Section ...

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Dubai shuts 53 food outlets for violating Covid-19 rules

DUBAI / WAM Dubai Municipality closed down 53 food establishments during the first quarter of this year for violating Covid-19 protocols. Inspection campaigns are on during Ramadan to ensure that food establishments meet the requirements for transporting, storing, preparing and displaying food products and materials. Sultan Al Taher, Head of Food Inspection Section in the municipality said that the officials ...

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Smart Dubai launches new ‘Zakat’ service on DubaiNow App

Dubai / WAM Smart Dubai announced it collaborated with the UAE Zakat Fund to launch a new and secure Zakat payment service on the government service application DubaiNow in time for the Holy Month of Ramadan. The new service allows users to calculate their Zakat amount per Islamic Sharia law, and then pay the full amount or part of it. ...

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Gas is new coal with risk of $100b in stranded assets

Bloomberg Natural gas is falling out of favour with emissions-wary investors and utilities at a quicker pace than coal did, catching some power generators unaware and potentially leaving them stuck with billions of dollars of assets they can’t sell. Citigroup Inc and JPMorgan Chase & Co are among the banks that strengthened their financing restrictions on thermal coal under pressure ...

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