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India extends $41bn loan guarantee offer to airlines

Bloomberg India expanded an emergency credit program to airlines and hospitals to cushion them from the impact of a wave of coronavirus infections and deaths. The loans, which were previously intended for specific sectors such as small borrowers, can be availed until September 30 or until total guarantees worth 3 trillion rupees ($41 billion) are offered, the Finance Ministry said ...

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Emirates Post, Shurooq ink deal

Abu Dhabi / WAM Emirates Post on Sunday signed a Memorandum of Understanding (MoU) with the Sharjah Investment and Development Authority (Shurooq). The MoU stipulates the launch of commemorative postage stamps and special edition postcards that will be sold to visitors of the Al Bareed Café, a unique coffee house located in the “Heart of Sharjah.” Rashed Huraiz Alfalasi, Acting Chief ...

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UAE-Georgia ties witness continuous development

ABU DHABI / WAM The Georgian Ambassador to the UAE, Paata Kalandadze, has affirmed that the relations between the UAE and Georgia have witnessed continuous growth at various levels since the establishment of diplomatic relations between the two countries in 1992. In a statement to the Emirates News Agency (WAM) marking his country’s independence day anniversary, Kalandadze said that Georgia ...

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