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December 22, 2020 Local News, Uncategorized
ABU DHABI / WAM Under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the UAE has sent to Mauritania an aid plane containing more than 10 metric tonnes of medical supplies, testing equipment and ventilators, in addition to a specialised medical team, to ...
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December 22, 2020 Local News, Uncategorized
Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX) announced that Palms Sports PJSC has listed its shares on ADX’s Second Market under the trading symbol PALMS, and trading begins on the shares on Monday. The company’s nominal value of share capital is AED 150 million, with each share having a nominal value of AED 1. This is the fifth ...
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December 22, 2020 Energy, Uncategorized
Bloomberg Sweden is fighting a draft European climate measure that it says could harm its world-beating green bond market. The European Commission, which wants to steer investors to socially and environmentally sustainable assets, is proposing that only buildings certified as super-energy efficient by national authorities be included in its taxonomy. Being excluded would make financing more expensive. But national energy ...
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December 22, 2020 Energy
Bloomberg Royal Dutch Shell Plc agreed to sell a minority stake at a liquefied natural gas export project in Australia to Global Infrastructure Partners (GIP) for $2.5 billion. The oil major will sell a 26.25% interest in the Queensland Curtis LNG Common Facilities in a deal that is expected to be completed in the first half of 2021, the company ...
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December 22, 2020 Opinion
Doctors, nurses and other essential workers are getting vaccinated against Covid-19 in the US and UK. Yet in Asia, where several countries led the way in reining in the viral outbreak, there are few signs that detailed distribution plans are ready to be implemented. Supplies are limited and unknowns plentiful. Governments need to jump-start the process to get shots into ...
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December 22, 2020 Opinion
When the world’s biggest health crisis in a century struck in February, central bankers and politicians rushed to protect their economies. The devastation of lockdown threatened even the soundest financial firms, whose collapse would have worsened the crisis. But the trillions of dollars plowed into companies and households, accompanied by the easing of regulatory demands on lenders, didn’t merely ensure ...
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December 22, 2020 Opinion
The Covid-19 pandemic has revealed just how much governments matter — and that competent management can be the difference between life and death. Good leadership requires good information to support smart, timely decisions. Further, democracy itself relies on information that is understood and trusted by its citizens. High-quality accounting is a vital source of that information. In the fight against ...
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December 22, 2020 Opinion
The arrival of vaccines carries hope that an end to the pandemic may be in sight. But even after the health crisis is brought under control, governments will have to continue dealing with the economic consequences. Two primary concerns have emerged: The first is addressing the inequalities caused by lockdowns and other social-distancing measures. The pandemic has caused a deep ...
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December 22, 2020 Politics, Uncategorized
Bloomberg Boris Johnson faces a choice that will define his premiership: accept a trade deal with the European Union (EU) or go it alone. It could scarcely have come at a more difficult time for him. As he faces a binary choice about the UK’s relationship with its nearest and biggest trading partner, his government is battling a new highly ...
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December 22, 2020 Politics
Bloomberg The UK plunged into Christmas chaos with police blocking people from boarding packed trains, holidays abroad scrapped and travel with Europe banned after London went into an emergency lockdown. France has suspended inbound travel from the UK for 48 hours and Germany halted arriving flights from Britain, which is in the middle of delicate Brexit negotiations with its European ...
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