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DP World teams up with EDB to provide trade financing for SMEs

Dubai / WAM DP World has teamed up with Emirates Development Bank (EDB), signing a memorandum of understanding to provide small and medium-sized enterprises (SMEs) access to trade financing through DP World’s trade finance platform. It includes a formal framework for EDB and DP World to provide SMEs with access to trade financing at competitive rates via DP World’s trade ...

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MRO, ECA launch ‘Reporting on Children Guide’ for media outlets

Abu Dhabi / WAM The Media Regulatory Office (MRO) at the Ministry of Culture and Youth and the Abu Dhabi Early Childhood Authority (ECA) have launched a specialised guide featuring the best practices for covering children-related news. The guide aims to support local media outlets present a purposeful and constructive message to children and community members. It is also intended ...

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SGMB to participate in Global Media Congress

Sharjah / WAM The Sharjah Government Media Bureau (SGMB) will participate in the Global Media Congress, which will be held under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, by Abu Dhabi National Exhibitions Company (Adnec) in partnership with the Emirates News Agency (WAM) at the Abu Dhabi National ...

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DCT Abu Dhabi signs strategic partnership with WebBeds

Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced the signing of a strategic partnership with WebBeds, one of the world’s leading providers of accommodation and ground product distribution services to the travel industry. The strategic partnership, which was announced at this week’s World Travel Market (WTM) 2022, will help drive ...

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Russia orders troops to leave Ukrainian city of Kherson

Russia ordered its troops to leave Ukraine’s city of Kherson, the first major regional center seized in its invasion, in a highly symbolic setback for President Vladimir Putin. With Kyiv’s forces pressing their counteroffensive in the region bordering occupied Crimea, Russian Defense Minister Sergei Shoigu in a televised briefing Wednesday ordered the troops to withdraw from the western bank of ...

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Putin to skip G-20 Indonesia summit, facing cold shoulder

Vladimir Putin won’t attend the Group of 20 summit next week, people familiar with the planning said, as the Kremlin seeks to protect the president from potential high-level tensions over his invasion of Ukraine. Ending months of suspense, Putin’s decision avoids potential confrontations with other world leaders, including US president Joe Biden who has labeled the Russian president a “war ...

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Republicans eye narrow margin in House

US voters delivered a mixed verdict in elections shaped by inflation and splits around social issues, with Republicans headed toward control of the US House, but by smaller margins than forecast. With polls closed across most of the US, some of the bellwether races that Republicans had hoped to snatch were held by Democrats. In one of their biggest wins ...

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Hungary denies tying Nato expansion to EU spat but still delays

Hungary denied it’s holding up the Nato entry bids of Finland and Sweden as part of its fight over billions of euros in European Union aid but won’t vote on expanding the military alliance until it passes laws tied to the cash. Finland and Sweden, which are also EU members, will cast votes when the bloc decides next month on ...

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Wells Fargo faces US demand for record fine exceeding $1bn

Wells Fargo & Co. is under pressure from the Consumer Financial Protection Bureau to pay more than $1 billion to settle a series of investigations into mistreatment of customers, a deal that would shatter the agency’s previous record — also with Wells Fargo. The regulator’s demand in confidential talks, described by people with direct knowledge of the matter, reflects its ...

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Barclays to refund 1,000 customers for PPI breach

Barclays Plc will refund more than a 1,000 customers an average of £750 ($858) after it failed to send them reminder of its payment protection insurance (PPI) policies. The total payout of up to £1 million is made up of refunds and goodwill payments, according to a Competition & Markets Authority (CMA) statement on Wednesday. The CMA requires providers to ...

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