DUBAI / WAM The Dubai Land Department (DLD) launched a new initiative titled “Initial Inquiry,” which was implemented by the Legal Affairs Department and the Real Estate Development Guarantee Account Department, in cooperation with the Implementation Department, Real Estate Trust Account Development Department, Case Execution Management, and the Lawyers, Experts and Translators Affairs Division at Dubai Courts. The launch of ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 100,946 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, MoHAP announced 1,027 new coronavirus cases, bringing the total number of recorded cases in the UAE to 202,863. The ministry also noted that an ...

DUBAI / WAM The Commercial Compliance & Consumer Protection (CCCP) sector, in Dubai Economy launched an updated version of its ‘IP Gateway,’ the online portal for obtaining services related to cases on infringement of trademark and commercial agencies. The IP Gateway is part of the efforts of Dubai Economy to enhance business competitiveness in Dubai and extend 24/7 intellectual property ...

ABU DHABI / WAM The International Defence Exhibition and Conference (Idex 2021) and the Naval Defence Exhibition (Navdex 2021), have signed a strategic agreement with the Tawazun Economic Council. Tawazun will be the principal partner of the exhibitions in line with Idex’s strategy of fostering cooperation with national companies specialised in vital sectors. Both Idex and Navdex are held under ...

AL AIN / WAM The United Arab Emirates University (UAEU) has been named the region’s third-best university according to the Times Higher Education World University Rankings 2021. The listing is a cut from the annual World University Rankings of higher education institutions in Arab countries. Commenting on the achievement, Zaki Nusseibeh, Minister of State and Chancellor of the UAEU said ...

Bloomberg A disconnect between Russia’s climate policies and the sustainability ratings of some of its biggest companies highlights the challenges investors face in assessing environmental, social and governance performance. While ESG scores for companies like Novatek PJSC and Polyus PJSC rank on par or better than many of their international peers, their ambitious growth plans will contribute to a forecast ...

Bloomberg Orix Corp. agreed to buy Spain’s Elawan Energy, the Japanese financial conglomerate’s first deal to acquire a majority stake in an overseas renewable power company, people with knowledge of the matter said. Tokyo-based Orix is purchasing an 80% stake in Elawan from its management and Spanish industrial company Acek, said the people, who asked not to be identified before ...

The year 2020 was, by any measure, rich in awakenings and reckonings. None were as earth-shaking as those forced upon the United States, Britain and India. The pandemic found three of the world’s most prominent democracies shockingly underprepared, governed by leaders as incompetent as they were deluded and encumbered with states that had steadily rendered themselves incapable of performing their ...

The rare activist moment at China’s central bank was too late and too crude. For years, when it came to innovative business ideas, Beijing’s stance has been to let them flourish — there’s always room to regulate and rein in later. And thus gig economy superstars have blossomed. China’s version of Uber Technologies Inc, DoorDash Inc and PayPal Holdings Inc ...

From interest rates to fashion, pandemics in the past — like the Black Death in the 14th century — have left deep imprints on economic life. This time may be no different. In the aftermath of the coronavirus, governments can reimagine capitalism by giving all of us a stake in the most valuable byproduct of our day-to-day living: data. But ...