Dubai / WAM Etihad Credit Insurance (ECI) held its third meeting in 2022, chaired by Abdullah bin Touq Al Marri, Minister of Economy and Chairman of the Board of Directors of ECI. The meeting focused on the review of a series of ECI’s comprehensive programmes and initiatives, which are aligned with the National Agenda of bolstering the UAE’s non-oil foreign ...

ABU DHABI / WAM Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, met with Dr Bharrat Jagdeo, Vice President of Guyana, during his visit to the UAE. During the meeting, which took place at the headquarters of the Ministry of Foreign Affairs and International Cooperation in Abu Dhabi, the two sides reviewed cooperation between the UAE and ...

  Dubai / Gulf Time The Indian Homeopathic Medical Association (IHMA) is all set to organise its fourth international homeopathic conference, “Remedium 4.0”, dedicated to the field of homeopathy at Swissotel Al Murooj, Dubai, on November 20. The healthcare event comes after a gap of four years. It aims to gather like-minded intellectuals from the homeopathic fraternity globally to collaborate, ...

  ABU DHABI / WAM Emirates Global Aluminium (EGA) announced it has reached the milestone of 40 million tonnes of hot metal produced since its start-up in 1979. This means almost three percent of all the aluminium ever made has been produced by EGA in the UAE. Aluminium is an essential material for human progress, and EGA’s metal is used ...

  ABU DHABI / WAM Etihad Airways, the UAE national airline, and Garuda Indonesia, the national flag carrier of Indonesia, announced they are strengthening their partnership between Abu Dhabi and Jakarta and beyond their respective hubs. The scope of the partners’ codeshare agreement, first signed in 2012, will be significantly expanded to nearly double the number of combined destinations Etihad ...

The Group of 20 countries meet in Bali against the backdrop of heightened tension between the world’s great powers, nuclear threats and a looming global recession. With his military campaign in Ukraine faltering, Russia’s Vladimir Putin will be absent. A joint statement is unlikely, a significant breakthrough to solve concurrent crises in energy, climate and food would be a miracle. ...

  TikTok is a happy place. From cute kitties to lip-syncing stars, the Chinese short-video service is a place where people go to entertain and to be delighted. Unlike Twitter and Facebook, the site is abjectly apolitical. Yet, politicians increasingly find it quite objectionable. This is not dichotomous. What makes TikTok so harmonious is also the very thing that attracts ...

  At the heart of banking regulation sits a tradeoff between competition and financial stability. Competition allows consumers access to better prices and better products. But it can also encourage banks to do wayward things, often at the expense of soundness. Faced with the choice, regulators typically come down on the side of safety. Regulators in Ireland have adopted this ...

  Collapsed cryptocurrency exchange FTX was a magnet for the so-called smart money. Backers included the biggest names in finance and venture capital, from BlackRock Inc. to SoftBank Group Corp. to pension funds. Even after this summer’s crypto crash, Ontario Teachers Pension Plan described its investment in the firm as “lowest-risk” — because it was the venue where “everybody else” ...

  Bloomberg Cathay Pacific Airways Ltd closed its last overseas outpost, bringing some US-based pilots back to Hong Kong as the airline trims expenses after being hit hard by the pandemic. Cathay’s US pilot bases shut on October 31 and some crew will relocate to Hong Kong in the coming weeks, according to an internal memo seen by Bloomberg News. ...