Dubai / WAM The Beit Al Khair Society spent over AED6 million on the treatment of patients at the end of September 2020, as part of the “Elaj Project.” The project is one of the society’s key community initiatives that aim to help low income people without medical insurance, benefitting 446 individuals. Abdeen Taher Al Awadhi, Director-General of the Society, ...

DUBAI / WAM Jebel Ali Free Zone (Jafza) entered into a strategic agreement with Etihad Export Credit Insurance Company (ECI) to support local businesses, advance exports, and drive the UAE economy during the current economic climate. The Memorandum of Understanding (MoU) was signed virtually by Mohammed Al Muallem, CEO and Managing Director of DP World, UAE Region and CEO of ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) said it carried out over 76,888 additional Covid-19 tests in the country over the last 24 hours, using the latest testing methods. The ministry said in a statement that the intense testing drive uncovered 626 new cases of various nationalities, who are all in a stable condition and receiving ...

NEW DELHI / WAM India’s Ministry of Civil Aviation on Monday announced a packed schedule of 270 repatriation flights out of the UAE commencing October 1 to bring back its citizens who wish to return home to face disruptions caused by the coronavirus pandemic. The ministry said its new schedule, which will run until October 25, constitutes the seventh phase ...

Dubai / WAM Dubai South announced that EZDubai, its fully dedicated e-commerce zone strategically located in the heart of Dubai South’s Logistics District is now 20 percent operational as part of its first phase where 27 percent is under development. The free zone which was launched in January 2019 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President ...

ABU DHABI / WAM Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has reinforced its pharmaceutical logistics expertise with the launch of PharmaLife, a specialised pharma and healthcare product which replaces the carrier’s TempCheck product. As the first carrier in the Middle East to gain International Air Transport Association’s Centre of Excellence for Independent Validators (CEIV) certification ...

Dubai / WAM Dubai’s Roads and Transport Authority (RTA) unveiled an initiative for exempting electric vehicles licenced in Dubai from public parking fees for two years. The step supports Dubai’s Green Mobility Strategy by encouraging the use of this type of vehicles. “This initiative complements a previous initiative launched in 2018 designating parking slots in various parts of Dubai to ...

Bloomberg Devon Energy Corp agreed to acquire WPX Energy Inc in a $2.56 billion all-stock deal, creating one of the largest independent US shale producers and answering investor calls for consolidation at a time of crisis for the sector. Devon shareholders will own about 57 percent of the combined company, Devon and WPX said on Monday in a statement. The ...

Strong states grow stronger by putting limits on their own power; weak states become weaker by descending into arbitrariness. India has to choose which it wants to be. That’s the message being given to New Delhi by an international arbitration tribunal in The Hague. The panel threw out the Indian government’s $3 billion tax demand against Vodafone Group Plc, finding ...

Having delivered a heavy blow to the semiconductor plans of China’s biggest technology manufacturer, the US government now seems keen to knock down the nation’s biggest contract chipmaker. The action looks opportunistic. Export restrictions placed on Semiconductor Manufacturing International Corp (SMIC) mean US companies will have to apply for a license to sell some products to the Shanghai-based chipmaker. The ...