Dubai / WAM The value of exports and re-exports carried out by members of the Dubai Chamber of Commerce and Industry increased by nearly 24 percent to reach AED22.1 billion in March this year, compared to the same month last year, the organisation has revealed. During the first quarter of 2021, the value of members’ exports and re-exports grew by ...
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ERC intensifies response to humanitarian conditions in Yemen for Ramadan
MUKALLA / WAM The Emirates Red Crescent (ERC) is intensifying its response to the humanitarian conditions in Yemen for the Holy Month of Ramadan, by continuing to send relief shipments to Hadramaut Governorate. Two planes carrying 60 tonnes of basic food supplies arrived in Riyan Airport to provide for the needs of Hadramaut’s residents during Ramadan. The ERC is keen ...
Read More »Ministry launches ‘Ma’kom in Ramadan’ programme
Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP), represented by the Health Education and Promotion Department, has launched the “Ma’kom in Ramadan†programme, which aims to highlight the most important healthy habits and food practices that have to be maintained in the Holy Month, raise health awareness of community members, and help them opt for healthy foods. ...
Read More »FTA promotes tax awareness as part of Tax Clinic initiative
Abu Dhabi / WAM The Federal Tax Authority (FTA) has held three new interactive sessions via video conference, as part of the “Tax Clinic” initiative, a policy of direct and constant communication with business sectors, aims to promote tax awareness and avoid the most common errors that might occur while implementing the tax procedures. The three awareness sessions held in ...
Read More »Etihad to mark UAE’s ‘Year of the Fiftieth’ with year-long program
Abu Dhabi / WAM Etihad Airways unveiled on Sunday a year-long programme in celebration of the 50 years since the nation was established. The programme will launch in three phases, focusing on the past, the present and looking forward to the future, said an Etihad statement. The airline has launched a dedicated platform at etihad.com/uae50, and aims to engage the ...
Read More »ADIB partners with IBM to accelerate its digital transformation
Abu Dhabi / WAM Abu Dhabi Islamic Bank (ADIB) announced a new collaboration with IBM, an American multinational technology company, to fast track its transition into a modern, digitally-led Islamic bank, using IBM’s hybrid cloud solutions based on Red Hat OpenShift. This step will help enhance ADIB’s digital infrastructure, modernise operations and automate processes, enabling its employees to focus on ...
Read More »Aggressive US climate plan puts pressure on China, India
Bloomberg An ambitious pledge to cut greenhouse-gas emissions under consideration by the US gives President Joe Biden more leverage when he hosts leaders for a climate change summit later this month — presenting a particular challenge to China’s Xi Jinping. The White House may commit to emissions cuts of 50% or more from 2005 levels by 2030, Bloomberg reported this ...
Read More »Alibaba wishes $2.8b may take the target off its back
When Qualcomm Inc was handed a record penalty by China’s antitrust regulators in 2015, executives at the US chipmaker could have been forgiven for partying. Although they were on the hook for a $975 million fine, the ruling by the National Development and Reform Commission (NDRC) ended a yearlong investigation into the company and affirmed its technology-licensing business model. Proof ...
Read More »Where US’s vaccine triumph fell short
It’s not surprising that pharmacies are turning out to be fantastic at distributing Covid-19 vaccines. As Alex Tabarrok and I pointed out in February, they are literally everywhere — 86% of the US population lives within 5 miles of one. And they have significant experience in large-scale vaccine delivery, giving out 40-50 million flu vaccines annually. But the success of ...
Read More »Argentina can’t delay its economic reforms
Argentina is in a familiar place, buried in debt, unloved in the financial markets and at the mercy of the International Monetary Fund (IMF) — or is it the other way around? When a country owes $45 billion, the balance due on the IMF’s biggest rescue loan ever in 2018, it’s not so much in hock to its creditor as ...
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