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DUBAI / WAM The Health and Environmental Affairs Committee of the Federal National Council (FNC) on Sunday held a remote meeting using video conferencing, led by Mohammed Ahmed Al Yamahi, Chairman of the Committee, to discuss a draft federal law on public health comprising 38 articles, with the participation of relevant authorities. During the meeting, Al Yamahi stated that the ...

Bloomberg India cancelled passenger trains and various states asked non-essential services to shut, as the world’s second-most populous country heads toward a complete lockdown to prevent the coronavirus from spreading locally. All except a bare minimum rail services will stop operating through March 31, the Ministry of Railways said in a statement on Sunday, hours into a self-imposed curfew called ...

Bloomberg Malaysia’s economy is set to grow at its slowest pace since the 2009 financial crisis as it struggles with a trio of troubles: coronavirus, oil-price crash and political upheaval. Analysts from Fitch Ratings to United Overseas Bank Ltd now expect Malaysia’s economy to grow about 2% this year. That compares with the government’s estimate that gross domestic product will ...

Bloomberg The European Union’s (EU) executive arm said this year’s recession may be much worse than previously anticipated, proposing a suspension of the bloc’s draconian fiscal rules to cushion the fallout from a deadly viral outbreak that has brought its economy to a halt. “Assuming an extension of the health crisis up to the beginning of June or beyond, the ...

Bloomberg The cries of London’s iconic newspaper vendors are being silenced because the coronavirus is forcing millions of commuters to stay home and advertisers are snapping shut their wallets. The Evening Standard newspaper, which distributes about 800,000 free copies a day in the capital, said it will pivot to home delivery to reach workers who would normally pick up the ...

Bloomberg Franco Fubini, who founded fruit and vegetables seller Natoora Ltd., is used to charging celebrity chefs a premium price for carefully tended produce, like white peaches from Italy, Sicilian pomegranate and Essex heirloom tomatoes. But in the past week, sales have evaporated. As shoppers empty supermarket shelves of pasta and dried beans, wholesalers like Natoora, which buys from more ...

Bloomberg Authorities in Beijing have forced at least seven Chinese nationals to stop working for American news outlets there, according to the Committee to Protect Journalists, the latest development in an ongoing dispute between the US and China over media access. Members of the New York Times, Voice of America and two other outlets were dismissed from their jobs on ...

ABU DHABI / WAM Autoterminal Khalifa Port, a joint venture between Abu Dhabi Ports and Autoterminal Barcelona, the operator of the advanced RoRo terminal at Khalifa Port, has unveiled an all-new technical centre aimed at diversifying the portfolio of services on offer to customers. As the first facility of its kind in the region, the centre provides a wide range ...

Dubai / WAM Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Dubai banks have come together to offer a comprehensive relief package to help their customers ease financial pressures in the current economic environment caused by the coronavirus (Covid-19) outbreak. The measures announced by the ...

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has partnered with the Ministry of Education to support its distance learning platform. The bank will provide laptops worth AED 5 million to students in the UAE, in line with FAB’s commitment to support the communities in which it operates and to support the education sector; one of the UAE’s key ...