Abu Dhabi / WAM The National Health Insurance Company, Daman, announced that it reached three million members in its 10th anniversary this year. The latest membership figures indicated that the Abu Dhabi Basic Plan has reached around 1.5 million, with membership of ‘Enhanced’ health insurance plans reaching upwards of 720 thousand members. The Thiqa Plan, which was first launched in ...
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Google announces arrival of Fujairah on Street View
Dubai /Â WAM Google announced on Sunday the arrival of Fujairah in Street View, a feature by Google Maps that will allow users to view and navigate 360 degree street-level imagery of major streets across the city. Following Umm Al Quwain, Sharjah, Dubai, and Ajman, Fujairah is the fifth Emirate to be featured on Street View. Street View was launched ...
Read More »UK assures funding for farmers, universities after Brexit
London / Bloomberg The UK pledged to support British businesses and universities that receive billions of pounds a year from the European Union after the country leaves the 28-nation bloc. Projects approved before the government’s autumn budget statement will receive full funding, while the Treasury will make arrangements to assess guarantees for projects signed later, according to a statement ...
Read More »World’s biggest shipping firm warns over US protectionism
Washington / Bloomberg A. P. Moeller-Maersk A/S, a Danish conglomerate that owns the world’s largest container shipping company, is voicing concern as a potential shift in U.S. policy threatens to reduce global trade. While Maersk assumes that no matter how the U.S. presidential election ends, it probably “won’t have an effect on the contracts we have and the employment ...
Read More »Phase-II of expansion of Al Ain Convention Centre launched
Abu Dhabi / Emirates Business Abu Dhabi National Exhibitions Company (ADNEC), on Sunday announced the commencement of the second phase of expansion and development of Al Ain Convention Centre (AACC). The Phase II expansion work is in line with ADNEC’s strategy to promote and strengthen the high-potential business tourism industry in Al Ain. Aimed at enabling the exhibition and ...
Read More »Global praise for Dubai’s smart city benchmarks
Dubai / Emirates Business Global government and technology experts set to speak at GITEX Technology Week have praised Dubai for developing new Smart City benchmarks. Smart Cities use technology to analyse data sent from sensors over Wi-Fi networks to enhance daily lives and governance. Prominent use cases include solving challenges such as traffic congestion and utilities distribution, and launching ...
Read More »Dozens dead as warplanes pound rebel-held north Syria
Beirut / AFP Syrian and Russian warplanes have launched a wave of air strikes in northern Syria, killing dozens in areas held by a rebel alliance battling to take control of second city Aleppo. The strikes, which began on Saturday and were continuing on Sunday, killed at least 45 civilians in Aleppo and west of the city and 22 ...
Read More »China stability falters as factory output slows
AFP China’s recent economic stabilization faltered in July as factory output, retail sales and investment all slowed. Industrial production rose 6 percent from a year earlier in July, the National Bureau of Statistics said Friday. Retail sales climbed 10.2 percent last month, while fixed-asset investment increased 8.1 percent in the first seven months of the year. All three readings ...
Read More »Indonesia eyes investment through tax-haven areas
Bloomberg Indonesia is considering options for setting up tax-haven jurisdictions as it tries to lure back billions of dollars through its amnesty program to fund infrastructure projects and finance the widening budget deficit, Coordinating Maritime Minister Luhut Panjaitan said on Sunday. News of the haven plan follows an announcement by the government on Aug. 11 that it would allow ...
Read More »China state grid said to near control of $7bn utility CPFL
Bloomberg State Grid Corp. of China reached a deal to gain control of Brazil’s CPFL Energia SA, after two major shareholders agreed to sell the Chinese company their stakes in the $7.3 billion utility, people with knowledge of the matter said. Bonaire Participacoes and Banco do Brasil SA’s pension fund, known as Previ, have given informal approval to sell ...
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