SHARJAH / WAM The Environment and Protected Areas Authority (EPAA) in Sharjah welcomed 66,663 visitors to six of its centres during January and February 2021. The numbers were broken down as follows: 2,500 visitors to the Wasit Wetland Centre; 1,925 visitors to the Kalba Bird of Prey Centre; 3,590 visitors to the Buhais Geology Park; 1003 visitors to the Al ...
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Covid-19: UAE reports 2,240 new recoveries
Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 240,035 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Saturday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...
Read More »US seeks to bolster defense ties with Quad partner India
Bloomberg The US sought to further strengthen defense cooperation with India as part of President Joe Biden’s push to develop closer ties with Asian partners amid widening differences with China. Secretary of Defense Lloyd Austin held talks with his Indian counterpart Rajnath Singh in New Delhi on Saturday to discuss opportunities to elevate the US-India defense partnership through regional security ...
Read More »EU sues UK over tax breaks as post-Brexit skirmishes mount
Bloomberg The European Union (EU) sued the UK for failing to recover illegal tax breaks doled out to multinational firms, in the second legal move against the former member state this week. Authorities still haven’t clawed back all of the 100 million euros ($119 million) in tax breaks aimed at luring multinational firms to the UK territory of Gibraltar, more ...
Read More »French economy set for firmer 2021 amid virus
Bloomberg The French economy is weathering the Covid pandemic and government restrictions better than previously forecast, putting it on a path to stronger growth this year, the Bank of France said. Activity falls less than the central bank initially expected at the end of 2020 as household and business investment held up despite the lockdown in November. The central bank ...
Read More »Greece tries first 30-year debt sale since 2008 financial crisis
Bloomberg Greece is set to issue its longest-maturity bonds since 2008, completing the country’s full return to debt markets. The nation is selling 30-year bonds via banks, which could be an opportunity for investors to pick up yields that are likely to be the highest in the euro area. Greece is following others in the region in seizing on low ...
Read More »Draghi vows more economic stimulus, faster vaccinations
Bloomberg Italian Prime Minister Mario Draghi vowed to free up more economic stimulus and increase vaccinations to offset a prolonged lockdown amid a coronavirus resurgence. The premier, at his first news conference since his governing coalition was sworn in on February 13, unveiled a 32 billion-euro ($38 billion) pandemic relief package he called “only a first step.†The package was ...
Read More »Adnoc and ADMM extend their long-term strategic partnership
ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) & Abu Dhabi Motorsports Management (ADMM) on Wednesday announced an extension to their long-term strategic partnership. Supporting the health and wellbeing of the UAE community, and providing more ways to participate in motorsport at all levels, will be key areas of focus, with Adnoc playing a pivotal role in ...
Read More »Rakez launches e-gaming business plan for investors
RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) introduced its e-gaming business set-up package, which supports investors in the fast-growing gaming value-chain such as software and hardware developers, publishers, streaming and support services providers. The newly launched package covers 18 e-gaming core and support service activities, and investors can select up to three activities in their primary ...
Read More »UAE, Egypt collaborate to develop certified online education system
DUBAI / WAM Egyptian and Emirati officials discussed collaborations to develop the content of the Digital School to provide a certified high-tech online education to reach students in disadvantaged communities across the world. In a meeting, Omar Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications and Chairman of the Board of Directors of ...
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