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Nahyan bin Mubarak praises ‘Pray For Humanity’ call

ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, praised the call of the Higher Committee of Human Fraternity to all people to make Thursday, May 14, a day to pray to end the coronavirus pandemic. Sheikh Nahyan said that His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme ...

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Adafsa supports ERC’s humanitarian programs

ABU DHABI / WAM As part of its social responsibility programmes and voluntary efforts, Abu Dhabi Agriculture and Food Safety Authority (Adafsa), represented by its social service program “Auwn”, participated in several charitable and humanitarian schemes performed Emirates Red Crescent (ERC) during the holy month of Ramadan. This participation comes as part of its initiative “from your homes lighting their ...

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Ma’an delivers over 3 million meals to workers in Abu Dhabi

ABU DHABI / Emirates Business The Authority of Social Contribution – Ma’an has announced its ‘Together We Share’ initiative has already delivered more than more than 3 million nutritious meals to workers across the Emirate of Abu Dhabi. Since deliveries started on 1 May, meals have been provided for tens of thousands of workers based in accommodation across 35 complexes ...

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Abu Dhabi sees continued improvement in air quality

ABU DHABI / WAM The Environment Agency – Abu Dhabi (EAD) announced there has been a continued improvement of air quality in Abu Dhabi due to government efforts to control human and traffic movement in the capital, as part of the precautionary measures undertaken to combat Covid-19. The agency observed that air pollutants such as nitrogen dioxide (NO2) had decreased ...

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Belarus holds parade, defying Covid-19 fears of neighbours

Bloomberg For the authoritarian president of Belarus, Alexander Lukashenko, a deadly global pandemic is no reason to cancel the country’s military parade marking victory in World War II. Defying warnings about the risks of letting the coronavirus spread, Lukashenko has summoned troops to the capital, Minsk, for the parade that’s expected to attract thousands of spectators, even after neighbouring states ...

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Europe agrees on $260bn credit lines to stem fallout

Bloomberg Euro-area finance ministers agreed to allow the region’s bailout fund to extend credit lines to each of the bloc’s governments on concessionary terms, paving the way for countries including Italy to draw cheap liquidity amid an unprecedented spending spree. The deal struck at a video conference on Friday forms a key part of the bloc’s response to the crisis ...

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IMF says economic outlook worsens since forecast in April

Bloomberg The International Monetary Fund (IMF) said that the global economic outlook has worsened since its latest forecast three weeks ago and the world can expect more waves of financial-market turbulence. Developing nations’ external financing needs probably will be far above the $2.5 trillion that the IMF has previously projected, Chief Economist Gita Gopinath said in a webcast hosted by ...

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Tabreed reports net profit of AED82.2m in Q1 of 2020

ABU DHABI / WAM The National Central Cooling Company (Tabreed) released on Thursday its consolidated financial results for the first three months of 2020, reporting net profit of AE 82.2 million, an increase of three percent compared to its 2019 Q1 performance. The company said in a statement that it has taken every precaution to ensure continuous uninterrupted service is ...

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Dirham appreciates against top ten import partners

ABU DHABI / WAM The UAE Dirham has appreciated against the currencies of top 10 non-dollarised import partners by 1.8 percent in 2019, according to central bank of the UAE statistics. These partners account for around 51.4 percent of the UAE’s total imports. In the meantime, the UAE currency gained more ground against the currencies of emerging economies, according to ...

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Emirati researcher develops tech for ‘artificial soil’

ABU DHABI / WAM Khalifa University of Science and Technology has on Thursday announced promising results and findings on its research to develop ‘artificial soil’ with the necessary ingredients and properties required for the growth of plant and vegetation, thus paving the way for the agriculture sector to grow further in the UAE. A provisional patent application has been filed ...

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