Dubai / WAM Dubai Electricity and Water Authority (Dewa) provides a motivational and sustainable environment to support women in the workplace and their active participation in sustainable development, as well as ensuring psychological and social stability for working mothers. Aligned with this vision, Dewa was one of the first government departments to establish nurseries (Childcare Centres) to take care of ...
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Company director arrested for faking employment of Emiratis
Abu Dhabi / WAM The UAE Public Prosecution has ordered the arrest of a private company director who was proven to have faked the employment of Emirati citizens. The suspect allegedly forged e-documents, faked employment contracts, and falsely stated that his company had hired Emirati citizens, with the aim of obtaining the benefits and financial support provided by the ...
Read More »DFWAC launches WhatsApp service
DUBAI / WAM The Dubai Foundation for Women and Children (DFWAC) has launched a WhatsApp channel to receive reports of violence as well as requests for psychiatric, social, or legal advice. The new service, which aims to upgrade the foundation’s services, facilitate and speed up the provision of services, can be obtained by texting the foundation on WhatsApp through ...
Read More »Deal signed to create payment solution for Dubai’s ports sector
Abu Dhabi / WAM First Abu Dhabi Bank (FAB) with the support of its affiliate, Magnati, is collaborating with PayRow Net through the Ports Customs and Free Zone Corporation (PCFC) to establish a best-in-class digital payment platform to spur Dubai’s shift towards becoming a cashless economy. The new payment ecosystem is set to transform the existing payment gateway, leading ...
Read More »Monstrous winter blast batters US amid holiday travel rush
Bloomberg A massive, once-in-a-decade winter storm is battering the US with blizzard conditions and life-threatening temperatures, while causing mayhem for travellers across the country at the peak of the holiday season. As of Friday, more than 200 million people — around 60% of the nation’s population — were under some form of winter weather warning or advisory, according to the ...
Read More »Germany pushes back on Lufthansa plan for bonuses
Bloomberg Deutsche Lufthansa AG’s plans to retroactively pay out manager bonuses contravene agreements made with the government as part of the airline’s rescue package, according to Chancellor Olaf Scholz’s chief spokesman. The state stepped in during 2020 to rescue Lufthansa after pandemic-related restrictions all but grounded air travel. While the airline repaid its 9 billion-euro ($9.6 billion) bailout ahead of ...
Read More »Britain cuts back on Christmas gift giving after inflation jumps
Bloomberg British consumers have cut back on Christmas gift-giving after the tightest cost-of-living squeeze in memory reduced disposable income, official figures showed. Six in 10 adults in the UK surveyed said they were planning on cutting spending in the holiday period by buying fewer and less expensive presents and eating out less, the Office for National Statistics (ONS) said. Household ...
Read More »China to cut quarantine for overseas travellers from January
Bloomberg China plans to cut quarantine requirements for overseas travelers in January, according to people familiar with the matter, as the country dismantles the last vestiges of its Covid Zero policy. Officials are considering a “0+3†policy, where the requirement to spend time in a quarantine hotel or isolation facility would be scrapped, and arrivals into the country instead subject ...
Read More »Nestle CFO foresees tough start to 2023
Bloomberg Nestle SA Chief Financial Officer Francois-Xavier Roger foresees a challenging six months before inflation starts to ease in the second half of 2023. “We are likely going to go into a recession — we know that the next six months are probably going to be complicated and difficult,†the executive at the maker of Nescafé and KitKat said ...
Read More »UK produces record amount of wind power, easing gas crisis
Bloomberg Britain’s wind farms generated a record amount of electricity this year as gusty weather and a growing fleet of turbines softened the impact of soaring natural gas prices. Wind power will be a critical factor in how well Europe manages an energy crisis that’s already cost more than $1 trillion. Higher wind speeds will ease the need to burn ...
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