Bloomberg Global trade is on course to recover more quickly from the coronavirus pandemic than after the 2008 financial crisis, according to Germany’s Kiel Institute for the World Economy. Shipping volumes are already back at levels that took more than a year to reach following the collapse of Lehman Brothers Holdings Inc., hinting at a V-shaped recovery, the institution’s President ...

Abu Dhabi / WAM The Abu Dhabi Investment Office (ADIO) and Invest in Israel have opened discussions following a landmark meeting on Monday. The meeting took place virtually and set out a plan for establishing formal cooperation between the two organisations over the coming months. The organisations will explore mutually beneficial areas of collaboration to unlock investment and partnership opportunities ...

Abu Dhabi / WAM The UAE on Tuesday sent an aid plane carrying 5 metric tonnes of medical supplies and testing kits to Cambodia to bolster the country’s efforts to curb the spread of Covid-19. This aid will assist approximately 5,000 medical professionals as they work to contain the virus. Commenting on aid delivery, Saif Abdullah Mohammed Al Shamsi, UAE ...