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Sheikha Fatima praises women’s contribution to global peacekeeping

Abu Dhabi / WAM Her Highness Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU) President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF) praised the contributions made by women to peacekeeping operations around the world. This came in a statement she made to mark the International Day of ...

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More businesses to resume economic activities in Ajman

AJMAN / WAM More businesses will be allowed to resume economic activities from Sunday, May 31, under “Guidelines and Protocols for Reopening of Economic Activities”, the Department of Economic Development in Ajman (DED-Ajman) announced. Cinemas, gyms, fitness clubs, children’s saloons as well as valet parking and car washing service will receives customers at 50 percent of their total capacity with ...

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SBWC doubles membership rates in five years to hit 2,246

Sharjah / Emirates Business Doubling its member base to 2,246 in just a span of five years, the Sharjah Business Women Council (SBWC), an affiliate of Nama Women Advancement Establishment, has charted an impressive story of development and growth, achieving major milestones in recent years. Staying true to its vision of creating a nurturing and stimulating environment for businesswomen and ...

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Covid-19: UAE sends medical aid to Sudan

ABU DHABI / WAM The United Arab Emirates sent an aid plane containing 11 metric tons of medical supplies to Sudan to bolster the country’s efforts to curb the spread of Covid-19. The aid will assist approximately 11,000 medical professionals as they work to contain virus. Commenting on aid delivery, Hamad Mohammed Humaid Al Jneibi, UAE Ambassador to Sudan, stated: ...

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China bank no longer considers fossil fuels ‘green’

Bloomberg Fossil fuels are no longer considered “green” by China’s central bank. The People’s Bank of China (PBOC) plans to remove “clean utilisation of fossil fuel” projects from the list of programs that can be funded by green bonds, according to a draft plan. The bank has drawn the ire of environmentalists for allowing the sustainable financing tools to fund ...

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Occidental cuts dividend over rising debt woes

Bloomberg Occidental Petroleum Corp cut its quarterly dividend by 91% to the lowest since at least the 1970s amid the pandemic-driven collapse in energy demand that has strained the oil explorer’s ability to shoulder its debt. Occidental shareholders will receive a penny per share on July 15, the Houston-based company said in a statement. The move extends a cut announced ...

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Berlin’s new airport is still worth celebrating

Too bad I didn’t keep our plane tickets from 2012 as souvenirs. They showed us departing from Los Angeles (LAX) and arriving at Berlin Brandenburg Airport (BER), which was just about to open. But the launch, already delayed the previous year, was again called off at the last minute. So we landed instead at the charming but small Tegel airport ...

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Why is Facebook for remote work?

One constant in Facebook’s corporate culture is the ruthless aggression when it comes to growth and competition. To take just one example: More than a decade ago, a young, upstart Facebook smashed a wage-fixing cartel that than had been imposed by older, more established tech companies and it tried to hire the best tech talent. With Facebook now among the ...

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Uruguay is glimpsing safe return to normalcy

As the novel coronavirus cyclones through Latin America, it has staggered almost every nation. So how to explain Uruguay? Its infection rate of 2.1 cases per million inhabitants is the second lowest in South America and already falling, with just 22 fatalities by May 27. Ahead of many of its neighbours, Uruguay is already glimpsing a safe return to economic ...

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