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Sheikh Zayed Grand Mosque sees 6.6mn worshippers, visitors

ABU DHABI / WAM Over 6.6 million worshippers, tourists and residents visited the Sheikh Zayed Grand Mosque during the ‘Year of Tolerance’ last year. According to figures released by the Sheikh Zayed Grand Mosque Centre (SZGMC), the total number of individuals visiting the iconic mosque reached 6,656,818 in 2019. The SZGMC said that it had intensified its efforts to boost ...

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Mahathir’s removal brings back old regime in Malaysia

Bloomberg Mahathir Mohamad failed in his bid to return to power in Malaysia, as the king approved a government dominated by Malay-majority parties in a monumental shift from the multiracial coalition that took power after a shocking election win two years ago. Muhyiddin Yassin, 72, was named prime minister on Saturday by the country’s monarch to end a six-day tussle ...

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China is making progress in battle to get back to work

Bloomberg China is slowly starting to get back to work, as it battles the coronavirus outbreak that has killed more than 2,900 people and sickened tens of thousands. Government controls and the fear of going outside have curtailed spending, and many factories are still not working at full capacity due to a lack of staff, with workers still in their ...

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Singapore to halve emissions by 2050

Bloomberg Singapore enhanced its pledge to reduce the amount of greenhouse gases it emits, saying it now aims to halve emissions from an expected peak in 2030 within the following two decades. The Southeast Asian city-state expects the emissions ceiling to be 65 million tons of carbon dioxide around 2030, Senior Minister Teo Chee Hean said in Parliament. That will ...

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Virus overshadows Johnson’s post-vote UK economy bounce

Bloomberg The economic bounce from Boris Johnson’s Brexit breakthrough could be cut short as the coronavirus casts a pall on the nascent recovery. While there have been signs of a rebound in investment, retail sales and even house prices, Britain is an open economy that’s particularly susceptible to global events. The virus is already having an impact on the UK, ...

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Brazil may cut GDP forecast amid coronavirus weakness

Bloomberg Brazil’s government is likely to cut its 2.4% growth forecast for the economy in 2020 to take into account the impact of the coronavirus in slowing global activity, a person familiar with the matter said. A lower-than-expected gross domestic product expansion would lead to reduced inflationary pressure, which may open some space for the central bank to cut the ...

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Google calls off Las Vegas gathering amid outbreak

Bloomberg Google cancelled a major internal gathering over concerns about the spread of coronavirus, the latest in a wave of events and conferences being called off around the world. The internet giant’s sales and marketing event was set to take place in Las Vegas in March, a Google spokesman said. “In light of the evolving coronavirus situation we made the ...

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UMEX 2020 concludes biggest edition with AED750m in deals

ABU DHABI / WAM Under the Patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the 4th edition of UMEX and SimTEX concluded at the Abu Dhabi National Exhibitions Centre, facilitating a huge number of trade deals valued at approximately AED749,081,718 during the three-day event. ...

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Data a key pillar to achieve 50-year strategy objectives

DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, said that data is a key pillar in the strategy to realise the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to transform ...

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IACAD gives AED72mn in charitable donations

DUBAI / WAM The Charity Sector at the Islamic Affairs and Charitable Activities Department in Dubai (IACAD) has announced that the charitable donations by the Department worth AED72,641,580.05 in 2019. The donations reached over 177,000 beneficiaries over the past year included education, health, housing, food and others. The annual report issued by the Charity Sector at IACAD indicated that the ...

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