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SDHR, Abu Dhabi Pension Fund sign cooperation pact

Sharjah / WAM Sharjah Directorate of Human Resources (SDHR) signed a Memorandum of Understanding with Abu Dhabi Pension Fund, aiming at exchanging data and enhancing cooperation between two parties in order to achieve common objectives. The MoU was signed by Dr Tariq Sultan bin Khadem, Member of the Executive Council of the Emirate of Sharjah and Chairman of SDHR, and ...

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Adnoc Distribution inks deal with Al Ghadeer UAE Crafts

Abu Dhabi / WAM Adnoc Distribution on Sunday marked the International Day of Charity, with the launch of its partnership with Al Ghadeer UAE Crafts (Al Ghadeer), an Emirates Red Crescent (ERC) project. Adnoc Distribution will be allocating retail space at select Adnoc Oasis convenience stores in Al Bateen, Mahwi, Al Ain and Dubai to showcase home accessory, stationery and ...

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Abu Dhabi Art launches new initiative

Abu Dhabi / WAM Abu Dhabi Art announced formation of Friends of Abu Dhabi Art – an initiative created to facilitate new models of public cultural philanthropy and help support the dynamic art eco-system in the UAE. Launching with an inaugural group of more than 40 dedicated art enthusiasts, Friends of Abu Dhabi Art will this year support Abu Dhabi ...

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‘Emirati families’ earn AED60mn through ‘Al Sanaa’ initiative

DUBAI / WAM The number of Emirati families registered in “Al Sanaa” project affiliated with the Ministry of Community Development increased to 2,805 families of which 476 members are eligible for social security in the ministry. Around 43 new families were registered during the first half of 2021; whereas the total income earned to these families from the launch of ...

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A $50 phone & a credit revolution

A smartphone widely believed to be priced below $50, likely the world’s cheapest, will start selling a week from now. If Mukesh Ambani’s JioPhone Next, an Android device custom-built for India by Alphabet Inc’s Google, is a hit in the price-conscious market, it will solve one problem for banks while posing another. With the country’s remaining 300 million feature-phone users ...

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Will gaming change humanity as we know it

The advent of gaming, especially computer gaming, marks a fundamental break in human affairs. Gaming is profoundly transforming two central aspects of the modern world: culture and regulation. There will be no turning back. When it comes to culture, the West has been in a dialogue with itself for centuries, indeed millennia, stretching at least as far back as the ...

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Ma’s celebrity friends will cost him extra cash

Billionaire Jack Ma seems unable to move beyond his controversial past. He paid dearly for his open critique of Chinese state-owned banks last October, when weeks later a furious President Xi Jinping personally decided to pull Ant Group Co’s $34 billion initial public offering. In April, his e-commerce giant Alibaba Group Holding Ltd was slapped with a record $2.8 billion ...

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HSBC plans for permanent hybrid work, less jet-setting

Bloomberg HSBC Holdings Plc isn’t about to throw away its pandemic-era ways of working. The bank, which is in the midst of a historic pivot and cost cutting program, predicts it will be operating in a profoundly different way after the virus outbreak ebbs, with as many as 70% of its staff backing a hybrid working model and with its ...

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