Bloomberg The European Union (EU) plans to remove Canada, Tunisia and Georgia from its list of countries whose residents should be allowed to visit the bloc amid the coronavirus pandemic, according to EU officials familiar with the matter. The EU intends at the same time to reopen its doors to travellers from Singapore as a result of improved virus trends ...
Read More »Uncategorized
Ireland moves back to lockdown as Europe seeks to defeat virus
Bloomberg Ireland imposed some of the most severe pandemic restrictions in Europe as countries across the region battle to overcome the virus. Non-essential stores and restaurants will be forced to close for at least six weeks, Prime Minister Micheal Martin said. Travel will be further restricted, with people told to stay within 5 kilometers (3.1 miles) of their home. Countries ...
Read More »Finance job vacancies in London fall 54% year-on-year
Bloomberg Job vacancies in London’s finance industry slumped 54% in the third quarter compared to 2019 as uncertainty around coronavirus, Brexit and bank profits discouraged hiring. City firms were advertising 3,810 roles in the three months through September, according to data from recruitment firm Morgan McKinley. While this is a fraction of the opportunities available in previous years, the total ...
Read More »Hub71 boosts collaboration with Saudi’s Digital Innovation Centre
Abu Dhabi / WAM Hub71 and the Saudi Ministry of Communications and Information Technology’s (MCIT) Digital Innovation Centre struck a new strategic partnership to increase collaboration that drives digital innovation and tech entrepreneurship between the UAE and Saudi Arabia. The three-year agreement aims to foster international knowledge exchange and talent growth in the UAE and Saudi Arabia, in addition to ...
Read More »Qasr Al Watan to reopen its doors to visitors today
ABU DHABI / WAM Qasr Al Watan ”Al Watan Palace” is set to re-open its doors to the public on October 20. The Palace offers access to the public wishing to embark on the journey of a nation, an experience unlike any other. The long-anticipated reopening will include the implementation of strict precautionary measures for the safety of guests during ...
Read More »Enoc opens two marine service stations in Dubai
DUBAI / WAM Enoc group opened a new marine station in Umm Suqeim, and will open a second station at Dubai Harbour, an integrated lifestyle development set by the Arabian Gulf, in November, marking Enoc’s sixth marine station in the UAE. Speaking on the occasion, Saif Humaid Al Falasi, Group CEO of Enoc, said, “Dubai has a vibrant marine transportation ...
Read More »Dubai participates in ‘initiative’ for carbon-free future
DUBAI / WAM Abdulla Mohammed Al Basti, Secretary-General of the Executive Council of Dubai, and Vice Chairman of the Steering Committee of the C40 Cities Network for South and West Asia, confirmed that the Emirate of Dubai has made significant progress within the areas of sustainable development, clean energy, and green economy, in line with the vision of His Highness ...
Read More »Australia seeks clarity on coal import
Bloomberg The Australian government is seeking clarification from Beijing on reports that China has suspended purchases of Australian coal amid heightened diplomatic tensions between the two countries. Chinese power stations and steel mills have been verbally told to immediately stop using Australian coal, people familiar with the order said, asking not to be identified as the matter is private. Ports ...
Read More »Alibaba takes over China’s hypermart chain for $3.6b
Bloomberg Alibaba Group Holding Ltd will invest about $3.6 billion to double its stake in Sun Art Retail Group Ltd, taking control of China’s largest chain of hypermarts to try and fend off rivals like JD.com Inc in e-commerce’s hottest growth arena. Alibaba will raise its direct and indirect stake in the grocery chain to about 72% by acquiring equity ...
Read More »Ma’s Ant wins approval for Hong Kong IPO plan
Bloomberg Jack Ma’s Ant Group Co won a key approval from the China Securities Regulatory Commission for its listing in Hong Kong, paving the way for what could be the world’s biggest initial public offering, according to people familiar with the matter. The Chinese regulator has given Ant a green light to seek a listing hearing with Hong Kong Exchanges ...
Read More »