SHARJAH / WAM Members of the ‘Tijarah 101 Centre’ at the Sharjah Chamber of Commerce and Industry (SCCI) participated in a virtual workshop entitled, ‘Steps to develop entrepreneurs in time of crisis’. The event was co-organised by the National SME Programme and Dubai Entrepreneurship Academy in cooperation with the SCCI and targeted those interested in establishing their own business. Moderated ...
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Maqta Gateway offers new warehouse storage service
ABU DHABI / WAM Maqta Gateway, the digital arm of Abu Dhabi Ports has announced the expansion of its digital logistics solution, Margo, with the addition of a new commercial offering for warehouse storage. The new offering presents customers with the opportunity to book standard warehouses or specialised temperature-controlled storage facilities to safely store their perishable goods, including food items ...
Read More »NatGeo Abu Dhabi to commemorate 50th Earth Day
Dubai / WAM In April 1970, millions of people around the world mobilised to demand protection of the planet we call home. That historic day gave birth to the modern environmental movement known as Earth Day, and 50 years later it’s become the planet’s largest civic event, with more than a billion people participating each year. On this momentous occasion, ...
Read More »Covid-19: Singapore races to regain control
Bloomberg In the early days of the coronavirus pandemic, Singapore was a global standard bearer for taming the deadly illness. Now it’s home to Southeast Asia’s largest recorded outbreak and is racing to regain control. One reason behind this reversal can likely be traced back to six days in February, when the earliest sign of what would become an explosion ...
Read More »Virus slashes visitors to Japan, sending retailers to seek help
Bloomberg Visitors to Japan in March slumped to levels not seen since Japan’s economic heyday in the 1980s after the coronavirus pandemic shut down global travel, an early sign the impact the drop will have on retailers that thrived on tourist spending. Visitors in March fell 93% from a year earlier to 193,700 people, the steepest drop on record, figures ...
Read More »Denmark may lose $28bn from coronavirus this year
Bloomberg The Danish economy may lose more than 190 billion kroner ($28 billion) this year, the equivalent of 8.3% of gross domestic product, as a result of a slowdown in economic activity, according to a business survey conducted by the Confederation of Danish Industry. The figure is up from an estimate of 155 billion kroner four weeks ago, according to ...
Read More »UK jobless claims rise over Covid-19 impact
Bloomberg UK jobless claims increased last month as the coronavirus pandemic began to have an impact on the labour market. Claims rose 12,200 compared with a 5,900 gain in February, the Office for National Statistics said on Tuesday. The claimant count rate rose to 3.5%, the highest since the start of 2014. Unemployment is sure to keep rising after the ...
Read More »Uber gets green light to chase US government contracts
Bloomberg Uber Technologies Inc. won approval to serve as a business vendor to the US government, allowing the company to vie for an estimated $810 million in spending over the next five years. Politicians and campaigns have for years relied on Uber for rides to and catering for their events, but the decision is the first clearance for federal agencies ...
Read More »Kim was in critical condition after surgery, says US official
Bloomberg Mystery surrounded Kim Jong-un’s health after US and South Korean officials gave differing accounts of the North Korean leader’s condition following his unusual absence from recent holiday celebrations. Kim was in critical condition after undergoing cardiovascular surgery last week and the Trump administration wasn’t sure of his current health, said US officials, who asked not to be identified. One ...
Read More »FAB, Etisalat tie up to launch contactless digital invoicing
ABU DHABI / WAM First Abu Dhabi Bank (FAB) has partnered with Etisalat Digital to launch a digital invoicing solution that caters to the SME merchant base in a fully contactless manner. The digital invoicing solution allows SME merchants such as grocery stores, restaurants and other SMEs restricted by the Covid-19 pandemic to accept card payments in a safe and ...
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