Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation (MoFAIC) and the Federal Authority For Identity and Citizenship (ICA) Monday said foreign nationals holding valid residence visa can return to the UAE starting June 1. MoFAIC and ICA in a joint statement said the decision stems from the UAE’s keenness to enable those holding valid residence visas ...
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Adafsa continues food shipment inspections at border-crossings
ABU DHABI / WAM The Abu Dhabi Agriculture and Food Safety Authority (Adafsa) has said that it continues to carry out food shipment inspections at border-crossing points in Abu Dhabi. In a statement on Monday, the authority said inspection efforts are conducted for all food shipments imported to the emirate’s ports, as well as transit shipments. Adafsa noted that physical, ...
Read More »dnata subsidiary to operate Etihad Holidays in UK
ABU DHABI / WAM UK-based travel service provider, dnata Travel Group, signed a partnership agreement with Etihad Airways to provide sales and service, ground product and brand marketing functions for Etihad Holidays in the UK. The collaboration seeks to increase Etihad Holidays’ distribution power in this market providing opportunities for greater engagement with UK travellers. The partnership formally commences in ...
Read More »Trump threatens to withdraw from WHO
Bloomberg US President Donald Trump threatened to withdraw altogether from the World Health Organisation (WHO), a move that would leave Chinese leader Xi Jinping as the most prominent voice leading the global fight against the coronavirus pandemic. In a four-page letter detailing his grievances with the WHO, Trump called on the group to “demonstrate independence from China,†renewing a complaint ...
Read More »Battle over world’s biggest wind turbine is heating up
Bloomberg Siemens Gamesa Renewable Energy SA, the Spanish wind turbine manufacturer, is to build what will be the world’s biggest windmill, by the thinnest of margins. The 14-megawatt machine with a rotor diametre of 222 metres (728 feet) will be just two meters bigger than General Electric Co’s own massive turbine. It’s another sign that size matters when it comes ...
Read More »Trump threatens to exit WHO, leaving Xi to lead virus fight
Bloomberg US President Donald Trump threatened to withdraw altogether from the World Health Organization (WHO), a move that would leave Chinese leader Xi Jinping as the most prominent voice leading the global fight against the pandemic. In a four-page letter detailing his grievances with the WHO, Trump called on the group to “demonstrate independence from China,†renewing a complaint that ...
Read More »Covid-19 reveals risks to UK supply chains before Brexit
Bloomberg Coronavirus-fractured supply chains are providing a wake-up call to British business and leaders with just seven months to go before Brexit triggers the biggest shakeup of trading relationships in a generation. Eighty-two percent of small- and medium-sized manufacturers say the pandemic has affected their supply chains. That’s according to a survey of more than 600 English firms by the ...
Read More »US unemployment likely to remain high through 2021: Fed
Bloomberg While uncertainty abounds in economic forecasting, US unemployment will likely stay “severely†elevated well into next year, according to a report by two economists at the Federal Reserve Bank of San Francisco. The jobless rate has already climbed to historic levels in just two months following the onset of the coronavirus-induced economic lockdown. A return to low unemployment will ...
Read More »Thyssenkrupp to break up German giant in fight for survival
Bloomberg Thyssenkrupp AG will shrink and focus on higher-margin businesses as the coronavirus pandemic speeds the break up of one of Germany’s last mega-conglomerates. The company said it’s considering the sale of units that make steel and submarines as it fights for survival. Once a byword for German engineering prowess, Thyssenkrupp will be gradually split apart as Chief Executive Officer ...
Read More »DFCs discuss requirements for vital sectors amid crisis
Dubai / WAM The annual Ramadan Pioneer Series hosted by the Dubai Future Academy (DFAc) an initiative by Dubai Future Foundation (DFF) gathered chairmen of Dubai Future Councils (DFC) to discuss the requirements for vital sectors amid the global crisis. The session highlighted the role of the councils in creating a roadmap for the upcoming period under the directives of His ...
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