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ABU DHABI / WAM Al Etihad Credit Bureau (AECB’s) Credit Reports and Scores will be used by the two largest telecom operators in the UAE, Emirates Telecommunications Group Company – Etisalat and Emirates Integrated Telecommunications Company – du. The operators will put more reliance on AECB’s reports and scores while onboarding postpaid customers and devices’ purchasers in order to assess ...

DUBAI / WAM Expo 2020 Dubai will celebrate World Wildlife Day 2022 to spearhead a series of programmes dedicated to wildlife conservation and biodiversity, in partnership with the UAE Ministry of Climate Change and Environment and the United Nations Environmental Programme (UNEP). UN World Wildlife Day, celebrated annually on March 3, will be marked during Expo 2020’s Climate and Biodiversity ...

Bloomberg Indonesia is planning an initial public offering that could raise at least $500 million as part of its bid to create the world’s biggest geothermal company, according to people with knowledge of the matter. The Southeast Asian nation, which last week announced its plan to combine three separate state-owned geothermal companies, is working with advisers to complete the tie-up ...

Bloomberg As the US looks to build a coalition to further punish Myanmar’s generals, it’s not having much success convincing governments in Asia to follow suit. The standing of army chief Min Aung Hlaing’s regime has slipped even further in the West after his envoy to the United Nations denounced the military takeover and Myanmar authorities killed at least 18 ...

Bloomberg Rishi Sunak will extend furlough payments to UK workers until the end of September, protecting millions of people whose jobs were suspended during the coronavirus pandemic until after restrictions are set to be lifted. With the nation mired in a third lockdown, the government will keep paying 80% of wages for those in the program through the end of ...

Bloomberg Italy’s new government may soon seek parliamentary approval for more stimulus spending as a sluggish vaccination campaign and new coronavirus strains extend the nation’s reliance on fiscal support. Prime Minister Mario Draghi’s administration is planning to distribute about 32 billion euros ($38 billion) that was approved by the parliament in January through a new decree called “sostegno” or “support,” ...

Bloomberg Prime Minister Justin Trudeau’s claims there isn’t a trade-off between Canada’s strict lockdowns and economic growth will be tested this week with the release of new output data. Analysts expect gross domestic product (GDP) shrinks by more than 5% last year, a middling result among advanced economies. The US, with far less restrictive pandemic measures last year, shrinks by ...

Bloomberg Chancellor Angela Merkel backed a relaxation of coronavirus restrictions despite a stubbornly high infection rate, acknowledging that many Germans are weary of curbs on daily life after months of lockdown. The German leader had been pushing back against increasingly insistent calls for a swifter loosening, but told lawmakers from her conservative bloc that “easing is necessary.” She explained her ...

Dubai / WAM Dubai Culture and Arts Authority announced that it will soon grant cultural visas to 1,000 creators and artists from across the world. The first initiative of its kind in the world, the cultural visa launched in 2019 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of ...

Dubai / WAM Etihad Airways, the UAE national airline, signed a Memorandum of Understanding (MoU) with Hub71, Abu Dhabi’s global tech ecosystem, to support the expansion of entrepreneurs innovating in Abu Dhabi. The agreement makes Etihad the official airline partner of Hub71 which will offer more than 100 global startups within its tech community special rates and access to a ...