Bloomberg Italian Prime Minister Mario Draghi vowed to free up more economic stimulus and increase vaccinations to offset a prolonged lockdown amid a coronavirus resurgence. The premier, at his first news conference since his governing coalition was sworn in on February 13, unveiled a 32 billion-euro ($38 billion) pandemic relief package he called “only a first step.†The package was ...
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Adnoc and ADMM extend their long-term strategic partnership
ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) & Abu Dhabi Motorsports Management (ADMM) on Wednesday announced an extension to their long-term strategic partnership. Supporting the health and wellbeing of the UAE community, and providing more ways to participate in motorsport at all levels, will be key areas of focus, with Adnoc playing a pivotal role in ...
Read More »Rakez launches e-gaming business plan for investors
RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) introduced its e-gaming business set-up package, which supports investors in the fast-growing gaming value-chain such as software and hardware developers, publishers, streaming and support services providers. The newly launched package covers 18 e-gaming core and support service activities, and investors can select up to three activities in their primary ...
Read More »UAE, Egypt collaborate to develop certified online education system
DUBAI / WAM Egyptian and Emirati officials discussed collaborations to develop the content of the Digital School to provide a certified high-tech online education to reach students in disadvantaged communities across the world. In a meeting, Omar Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications and Chairman of the Board of Directors of ...
Read More »India considers 2050 net-zero target
Bloomberg Top Indian government officials are debating whether to set a goal to zero out its greenhouse gas emissions by mid-century, an ambitious target that would require overhauling its coal-dependent economy. Officials close to Prime Minister Narendra Modi are working with senior bureaucrats and foreign advisers to consider ways to meet the 2050 deadline, according to people familiar with the ...
Read More »Biden says Putin will pay price for inteference in US elections
Bloomberg President Joe Biden agreed that Russian President Vladimir Putin is a “killer,†and said in an interview with ABC News on Wednesday that Russia would pay for alleged interference in US elections. His comments, came the same day as a US intelligence community report that Putin ordered influence operations to hurt Biden’s candidacy, favouring former President Donald Trump just ...
Read More »ADGM, Israeli entity partner on business registrations
Abu Dhabi / WAM The Abu Dhabi Global Market (ADGM) Registration Authority (RA), and the Registrar of Companies in the Israeli Corporations Authority, have entered into a Statement of Co-operation (SoC) with an aim of facilitating an influx of business opportunities between both jurisdictions and enhancing their respective registration functions, the regulators said in a statement. The MoU was signed ...
Read More »Ras Al Khaimah issues safety rules during Ramadan
RAS AL KHAIMAH / WAM Major General Ali Abdullah bin Alwan Al Nuaimi, Commander-in-Chief of the Ras Al Khaimah Police and Head of the Local Emergency Crisis and Disaster Team in the Emirate of Ras Al Khaimah, has announced a set of precautionary measures during the Holy month of Ramadan. Major General Al Nuaimi said that these decisions include restrictions ...
Read More »Expo 2020 Volunteers Program calls for enrollment by March 31
DUBAI / WAM Expo 2020 Dubai has urged UAE citizens and residents who wish to act as ambassadors for the country and help welcome millions of visitors to the first World Expo in the region to sign up for the Expo 2020 Volunteers Programme, with applications set to close on March 31. Following a huge response garnered with the support ...
Read More »Abu Dhabi Court convicts four people, jewellery firm for defrauding 4,000 people
ABU DHABI / WAM The court in charge of the fight against money laundering and tax evasion within the Abu Dhabi Judicial Department (ADJD) convicted four accused persons, all Asians, and a company owned by one of the accused, for committing money laundering and fraud against 4,000 victims of the same nationality and appropriating their money by enticing them with ...
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