SHARJAH / WAM The Hamriyah Free Zone Authority (HFZA) has confirmed its participation in the 26th edition of the Gulfood 2021 Exhibition, which will be held at Dubai World Trade Centre from February 21-25. During Gulfood 2021, the free zone authority will highlight the numerous incentives and benefits provided to investors and companies, and its pivotal role in supporting the ...
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Covid-19: UAE reports 3,589 new recoveries
Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 184,981 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...
Read More »MoF launches last phase for transition to accrual accounting programme
ABU DHABI / WAM The Ministry of Finance (MoF) announced on Saturday the successful launch of the third and final phase of government entities to transition to accrual accounting. The project overcame all the challenges it faced in 2020 including working remotely due to the Covid-19 pandemic – which had a direct impact on the transition’s plan of action. Obaid ...
Read More »Two men held for flouting Covid-19 rules in Abu Dhabi
Abu Dhabi / WAM Two young men have been arrested for violating Covid-19 precautionary measures. The men are being investigated for roaming a public area after one tested positive for Covid-19, and for sharing video of them violating precautionary measures on social media. In a statement, the Abu Dhabi Public Prosecution said on Saturday the men are investigated on charges ...
Read More »Adihex 2021 issues rules for submissions of paintings, handicrafts
Abu Dhabi / WAM The Higher Organising Committee of the Abu Dhabi International Hunting and Equestrian Exhibition (Adihex 2021) has provided painting content guidelines for artists interested in participating in the event which will be held from September 27 to October 3, at the Abu Dhabi National Exhibition Centre (Adnec). Adihex hosts visual artists, photographers, painters, calligraphers and art designers, ...
Read More »Mario Draghi puts Italy at grown-ups’ table
Mario Draghi’s appointment as prime minister of Italy has consequences that go way beyond his own country. The man who’s credited with saving the euro in 2012 has some very clear ideas about the future of the monetary union. As he returns to Europe’s top table, he has a chance to put them into practice. The former European Central Bank ...
Read More »Yellen to make markets happy again
If Treasury Secretary Janet Yellen means anything to business, labour and the world right now, it is as the avatar of the moral that luck is what happens when preparation meets opportunity. Yellen, who was the only female chair of the 108-year-old Federal Reserve, has never done anything without exceptional due diligence. Her best-in-class career delivering financial stability bodes well ...
Read More »Smell in the time of Covid-19 pandemic!
Researchers estimate that about four out of five Covid-19 patients suffer a partial or total loss of smell, a condition known as anosmia. Many have no other symptoms. And no, it’s got nothing to do with stuffy noses; it’s all about the havoc the coronavirus wreaks on our nervous systems. Many patients recover their olfaction quickly. Others smell less than ...
Read More »Biden’s jobless checks may harm economy
At a time when the economy is growing rapidly again, the last thing Congress should do is make unemployment more financially rewarding than working. Unfortunately, a part of President Joe Biden’s $1.9 trillion pandemic relief plan would do just that. The president proposes paying unemployed workers a $400 weekly supplement on top of other jobless benefits they receive. If adopted, ...
Read More »Macquarie raises $1.94 billion for renewable energy fund
Bloomberg Macquarie Group Ltd’s green investment arm raised 1.6 billion euros ($1.94 billion) for a renewable energy fund. The company’s Green Investment Group Renewable Energy Fund 2 closed after exceeding its target of 1 billion euros and received commitments from 32 pension funds and insurers from largely the UK and Germany, as well as from some sovereign wealth funds, according ...
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