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ERC continues to provide aid to Rohingya refugees

DHAKA / WAM The Emirates Red Crescent (ERC) has continued providing humanitarian aid to Rohingya refugees in Bangladesh, upon the directives of the UAE’s leadership and the monitoring of HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC). The aid includes the distribution of various relief materials that ...

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Trump considers withdrawing from WTO’s $1.7 trillion purchasing pact

Bloomberg The US is mulling a plan to withdraw from a global pact worth $1.7 trillion in government contracts, a person familiar with the matter said, in a move that may anger close allies during a delicate moment for trade. Officials in President Donald Trump’s administration are circulating a draft executive order that would trigger a US exit from the ...

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Trump set for acquittal with Dems second-guessing plan

Bloomberg President Donald Trump’s inevitable acquittal in the Senate’s impeachment trial on Wednesday has some House Democrats fretting that they should have delivered a more complete case to argue for his removal. Trump is emerging from the two-week Senate trial looking as strong as ever, barely wounded by the relentless details of his efforts to force Ukraine to investigate one ...

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More than 7,000 held on two cruise ships as coronavirus spreads

Bloomberg Luxury Asian vacations turned into a form of confinement for thousands of cruise passengers when authorities in Hong Kong and Japan said they would quarantine those aboard for up to two weeks after finding coronavirus infections aboard. The developments will come as a blow to Princess Cruises, the operator of a vessel that is being quarantined off Yokohama, and ...

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China wants to patent Gilead’s experimental coronavirus drug

Bloomberg Chinese researchers have applied for a local patent on an experimental Gilead Sciences Inc drug that they believe might fight the novel coronavirus outbreak. The Wuhan Institute of Virology — based in the central Chinese city at the epicenter of the epidemic — has applied for a patent in China for the use of the antiviral drug, known as ...

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Indonesia growth slows to 4-year low adding to calls for rate-cut

Bloomberg Indonesia’s economy expanded at its weakest pace in four years in 2019, opening the door for additional interest-rate cuts as the nation braces for the impact of a spiraling coronavirus crisis. Gross domestic product rose 5.02% last year, broadly in line with the 5.04% forecast in a Bloomberg survey of economists, according to data released Wednesday. Fourth-quarter growth of ...

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Sheikh Mohammed allocates AED 500m for citizens’ welfare

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, issued a set of directives including the allocation of AED 500 million to enhance the quality of life for citizens across Dubai’s residential areas and the exemption of 422 financially distressed from paying housing loans in efforts ...

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Etihad Cargo renews agreement with WFS

ABU DHABI / WAM Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has announced the renewal of its global cargo handling agreements with Worldwide Flight Services (WFS) the world’s largest air cargo handler, with Frankfurt and Madrid joining six existing gateways in Europe, Asia and the United States. The three-year framework extension will see WFS continue to ...

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UAE, Greece discuss ways to develop ties in vital sectors

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has received Kyriakos Mitsotakis, Prime Minister of Greece, who is visiting the UAE. At the start of the meeting, His Highness welcomed the visit of the Greek Prime Minister, saying it was an important ...

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Etisalat, Microsoft ink multi-year digital transformation deal

Abu Dhabi / Emirates Business In a multi-year partnership, Etisalat announced that it has teamed up with Microsoft to drive public cloud first strategy through a digital transformation program that enables Etisalat to build a digital platform infused with automation and AI providing a simplified network architecture and operations empowering Etisalat subscribers and improving customer experience. “Today, Etisalat and Microsoft ...

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