Bishkek / WAM Ulukbek Maripov, Prime Minister of Kyrgyzstan, received Hamad Salem bin Kardous Al Ameri, Director-General of the Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation, along with his accompanying delegation. The two sides discussed cooperative relations, following the laying of the foundation stone of the Islamic Academy in Tokmok, Northern Kyrgyzstan. During the meeting, Al Ameri presented ...
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CBUAE, Aurora50 join hands to enhance female representation
Abu Dhabi / WAM The central bank of the UAE (CBUAE) has signed a Memorandum of Understanding (MoU) with Aurora50, a social enterprise focusing on achieving gender-balanced boardrooms in the UAE. The partnership will advance female representation on public and private sector boards consistent with international best practice through knowledge exchange and building a strong pipeline of female talent. The ...
Read More »US-UAE cooperation expands across verticals: Philip Frayne
DUBAI / WAM Dubai Silicon Oasis Authority (DSOA), the regulatory body of Dubai Silicon Oasis (DSO), the integrated free zone technology park, welcomed the United States Consul General to Dubai, touring DSOA’s innovation centers for space, digital transformation, entrepreneurship, and technology, as well as the academic and technical centers of excellence. Dr Mohammed Al Zarooni, Vice Chairman and CEO of ...
Read More »Biden repeals Trump-era policy on caregivers for migrant kids
Bloomberg The Biden administration is repealing a Trump-era policy on unaccompanied child migrants in order to encourage their family members in the US to take custody of them, even if the parents or guardians are not living in the country legally. Under a 2018 memorandum, Department of Health and Human Services’ Office of Refugee Resettlement was directed to ask Immigration ...
Read More »EU nations push to relax ban on travel from rest of world
Bloomberg A group of European Union (EU) nations that count tourism as a significant industry is pushing for a relaxation of rules on traveling to the bloc from the rest of the world, according to diplomats. The EU imposed a blanket ban on non-essential travel from most countries last March in a bid to stem the spread of Covid-19. But ...
Read More »Spain approves $13b aid package to help indebted companies
Bloomberg Spain’s government approved an 11 billion-euro ($13 billion) plan to help companies pay down debts accumulated during the pandemic, Economy Minister Nadia Calvino said. The package, which has three parts, will leave companies better poised for the economic recovery, Calvino told journalists during a televised news conference. The announcement is the latest example of how European governments are accelerating ...
Read More »UK’s Johnson seeks new green homes strategy after policy stalls
Bloomberg UK Prime Minister Boris Johnson is working on a major overhaul of one of his government’s most important climate change policies after it failed to deliver. With a budget of 2 billion pounds ($2.8 billion), the Green Homes Grant program launched in September to provide vouchers for homeowners to help pay for insulating their properties and switch to low ...
Read More »Telefonica may keep hold of subsea cable unit in overhaul
Bloomberg Telefonica SA may defy expectations for an outright sale of its submarine cables and bring in investors to share ownership of the business instead. The Spanish phone company has been working with advisers to gauge interest from potential buyers. It was hoping to offload the business for about 2 billion euros ($2.4 billion), according to media reports last year. ...
Read More »UAE, Africa to bolster trade ties through export credit alliance
Dubai / WAM Etihad Credit Insurance (ECI) and African Trade Insurance Agency (ATI) have agreed to strengthen the trade relations between the UAE and Africa by providing trade finance solutions to businesses and exporters in both areas. To that end, both sides signed a Memorandum of Understanding (MoU) to boost the global competitiveness of exporters by increasing their awareness on ...
Read More »E-commerce sales in Dubai to jump 23% to reach $27bn in 2022
Dubai / WAM E-commerce sales in Dubai are projected to jump 23 percent to reach $27 billion in 2022, driven by the Covid19-led digital shift and changing consumer demands, which are levelling the playing field, Hamad Buamim, President and CEO of Dubai Chamber of Commerce and Industry, said during his opening remarks at The Retail Summit 2021. The forecast, based ...
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