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 ...

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: ...

Sharjah / Emirates Business The Saudi German (SGH Sharjah) hospital medical staff saved a 43 year old young man of an Arab nationality when he was admitted to the emergency section at SGH Sharjah in a difficult condition as he was suffering from severe pain in the abdomen and chest areas due to exhaustion of heart muscle and failure of ...

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 ...

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 ...

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 ...

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 ...

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 ...

President Donald Trump’s executive order targeting social-media companies raises tough questions about presidential power, presidential bullying and freedom of speech. To understand it, we need to start with what’s clear, and then explore what’s not. An executive order is not a law. It doesn’t bind the private sector. It doesn’t require Twitter or YouTube to do anything at all. Many ...

Bloomberg The German government settled a dispute with the European Commission over a 9 billion-euro ($9.9 billion) bailout of Deutsche Lufthansa AG, clearing the way for the carrier to accept the rescue package. After intensive talks, the commission and the German government agreed that Lufthansa will reduce the number of aircraft it keeps at Frankfurt and Munich airports. Lufthansa in ...