DUBAI / WAM Inspired by and following the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the Customs Inspection Division at Dubai Customs is following a strategic plan to handle the Covid-19 crisis, by working in tandem with other government departments, and sharing and viewing the latest ...

ABU DHABI / WAM Khalifa University of Science and Technology has established a Covid-19 Research and Development (R&D) Task Force as part of its strategic approach to help tackle Covid-19 pandemic. Under the Covid-19 R&D programme, Khalifa University has launched a total of 14 research projects; five projects focused on epidemiology, six projects focused on diagnostics and medical devices, and ...

DUBAI / WAM Dubai Economy’s Commercial Compliance and Consumer Protection (CCCP) division announced a decrease in the number of infringement complaints on rights to intellectual property (IP) it has received in the first quarter of this year, compared with last year. In a statement, Dubai Economy said only 95 IP rights complaints were registered in that period, a 34% decrease ...

ABU DHABI / WAM The Dubai Islamic Bank (DIB) donated AED16 million to Zakat Fund, whose projects this year are being carried out under the slogan, “Your Zakat Means Safety and Security.” Abdullah Aqeeda Al Muhairi, Secretary-General of the Zakat Fund, praised the bank for its donation, as well as for its positive humanitarian and charitable role in improving standards ...

ABU DHABI / WAM Louvre Abu Dhabi has announced the launch of an offering that will see the museum’s collections interpreted through the art of music. The partnership with anghami, the Mena region’s largest music streaming app, will see the curation of audio playlists with a bespoke selection of soundtracks that respond to different themes, moods and inspirations found in ...

Bloomberg India’s 21 trillion rupee ($277 billion) virus-relief package fell short of economists’ expectations, providing fiscal measures that will help improve growth over the years without delivering an immediate boost to an economy that desperately needs it. Analysts have been pouring over the details provided by Finance Minister Nirmala Sitharaman over the past five days, and the conclusion of many ...

Bloomberg Total SA abandoned a plan to acquire assets from Occidental Petroleum Corp in Ghana, walking away after a proposal to buy Algerian projects from the US company also collapsed. The breakdown of both sales is a setback for Occidental, which had earmarked the proceeds to help reduce debt after buying Anadarko Petroleum Corp for $37 billion last year. After ...

Bloomberg New York has again denied a key permit for a controversial $1 billion natural gas pipeline being developed by Williams Cos. The state’s Department of Environmental Conservation rejected Williams’ latest application for a water permit for its Northeast Supply Enhancement project after denying the pipeline the same permit last year. The conduit was at the crux of a standoff ...

Bloomberg German Chancellor Angela Merkel’s government may try to tame growing opposition to onshore wind developments by offering cash sweeteners to local councils and consumers. A plan drawn up by officials in Berlin suggest municipalities could earn as much as 20,000 euros ($21,600) a year for each newly-erected wind turbine in their districts from 2021, according to a copy of ...

Today, no government sees defending liberal trade as its first order of business. More urgent matters demand attention. But trade is no sideshow. If governments fail to shape a stronger trade system, and defend it to their voters, a reversal of globalisation is possible. That could end up causing more long-term economic damage than any other consequence of the coronavirus ...