Bloomberg The European Union’s 27 leaders will be asked to consider a 2 trillion-euro ($2.2 trillion) plan for the region’s post-pandemic recovery on Thursday, according to reports. The compromise proposal has emerged from a north-south squabble over how to pay for the effects of coronavirus lockdowns that is set to play out on a video conference. The proposal would partially ...

DUBAI / WAM The Dubai Financial Services Authority (DFSA) has invited applications from local and international companies to apply to join its 2020 Summer Cohort. Successful cohort applicants will be invited to apply to enter the DFSA’s version of the regulatory sandbox, known as the Innovation Testing Licence (ITL). A statement issued by the authority noted that the DFSA “welcomes ...

SHARJAH / WAM The Sharjah Social Services Department (SSSD) is keen to deliver emergency social assistance to the homes of low-income families to provide adequate support for their basic needs. The social assistance for the emergency cases is to provide important life necessities, food, and other emergency assistance as a gift card “Al-Bashama” issued by the Sharjah Cooperative Society and ...