Bloomberg It may come down to another pharmaceutical breakthrough to set the tone for emerging markets headed towards 2021. Developing-nation stocks, currencies and bonds rose for a third week in the five days through Friday, and Asian markets opened strongly on Monday, as the prospect of a coronavirus vaccine roll-out in the months ahead outweighed concern that rising infections would ...

Abu Dhabi / WAM The Department of Culture and Tourism Abu Dhabi has announced significant increase in revenues from tourism activity in the capital in the third quarter of 2020. Findings from its quarterly industry development committee meeting revealed promising signs of sector recovery, as well as a glimpse into future projects and plans to boost tourism in the emirate. ...

Abu Dhabi WAM The General Civil Aviation Authority (GCAA) has established a Return to Service Committee on Boeing 737 Max that includes specialists from the required areas who are working with their counterparts in the US Federal Aviation Administration (FAA) and European Union Aviation Safety Agency (EASA). In a statement Sunday, GCAA said, “We will continue to work closely with ...

MANAMA / WAM Investcorp, a Bahrain-based asset manager which counts Mubadala Investment Company as its biggest shareholder, has announced its investment in Xpressbees, a leading end-to-end e-commerce logistics platform in India. The investment was made as part of a Series E funding with participation from a consortium of local and global investors. Founded in 2015 by serial entrepreneurs Amitava Saha ...

Abu Dhabi / WAM The period for updating the personal details of Emirati citizens has been extended till December 31, according to the Federal Authority for Identity and Citizenship (ICA). The authority stated that the decision – which is part of ”Your data … Your identity” initiative comes in accordance with the Authority’s aspirations in fulfilling the needs of community ...

ABU DHABI / WAM The General Authority for Regulating the Telecommunications Sector (TRA) announced that official portal of the UAE Government (U.AE) has hit a new record in its number of users, reaching nearly the 10 million mark during the period from January to October of this year, an 50.73 percent increase over 2019, where the number of users in ...

ABU DHABI / WAM Via teleconference, the United Arab Emirates and the Republic of Indonesia signed an Action Plan for a mutual recognition arrangement on the Authorised Economic Operator Program (AEO), in a step to facilitate inter-countries trade, effective and swift implementation of program mutual recognition agreement under the umbrella of the agreement on cooperation and assistance in customs affairs ...

Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation, (MOFAIC), held a remote honouring ceremony for the Gulf Cooperation Council, (GCC), “Family Reunion Team,” in recognition of its evacuation operations during the coronavirus pandemic.The team also facilitated the necessary procedures for the safe entry of over 10,000 GCC citizens to the UAE via land ports, in coordination ...

ABU DHABI / WAM Via teleconference, the UAE  and the Republic of Indonesia signed an Action Plan for a mutual recognition arrangement on the Authorised Economic Operator Program (AEO), in a step to facilitate inter-countries trade, effective and swift implementation of program mutual recognition agreement under the umbrella of the agreement on cooperation and assistance in customs affairs executed by ...

SHARJAH / WAM Under the theme “Fostering Recovery: WTCs and the Exhibitions Industry”, the Expo Centre Sharjah recently participated in a virtual international meeting organised by the World Trade Centre’s Association (WTCA) to strengthen international cooperation in exploring the future and to propose realistic solutions and recommendations that help develop the necessary plans to revitalise the exhibitions and conferences industry ...