Bloomberg The International Monetary Fund (IMF) is set to provide $11 billion to 32 countries in sub-Saharan Africa that have requested assistance in fighting the coronavirus pandemic and its impact on the region’s economies. These steps by the IMF and its partners — the World Bank, World Health Organisation, the African Development Bank and the African Union — will support ...

Bloomberg Oil fell below $20 a barrel after the International Energy Agency said a historic production cut deal won’t be enough to counter a record demand slump this year. Futures fell as much as 4.5% in New York to the lowest since 2002. Oil demand will drop by over 9 million barrels a day this year, wiping out a decade ...

Abu Dhabi / WAM The Abu Dhabi-based International Fund for Houbara Conservation (IFHC) bred over 64,000 houbara chicks at its breeding centres in the UAE, Morocco and Kazakhstan during the 2019 breeding season, with nearly 22,000 birds being released into the wild to replenish wild populations, according to the Fund’s 2018-2019 report, just released. The success is part of the ...

DUBAI / WAM The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economy, has received 784 complaints relating to prices within two weeks of launching its awareness campaign on the importance of raising consumer complaints. Dubai Economy announced earlier the launch of its new portal – Price.ded.ae – for consumers to submit complaints relating to price increases, Dubai Economy ...

ABU DHABI / WAM The Zayed Higher Organisation for People of Determination has announced the launch of ten digital services to be provided by the organisation for People of Determination via the Abu Dhabi Government Services Ecosystem, ‘TAMM’ platform. The available services include ten out of the eleven major digital services currently provided by the organisation, and are specifically designed ...

Abu Dhabi / Emirates Business On the occasion of its first year anniversary, Khalifa Port’s CSP Abu Dhabi Terminal, announced it has accomplished over 800,000 hours without lost-injury time (LTI) and surpassed the 540,000 TEU mark since its operational soft launch last April. Based at Abu Dhabi Port’s flagship port, Khalifa Port, the terminal is the result of a 35-year ...

ABU DHABI / WAM The Federal Tax Authority (FTA) reiterated its full commitment to supporting taxpayers and enabling them to fulfil their tax obligations during these exceptional times, as authorities ramp up their precautionary efforts in the light of the new challenge the world is currently experiencing. With that in mind, the FTA issued a decision to extend the Tax ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has discussed the latest developments in the global fight against Covid-19 with Steve Sisolak, Governor of the US state of Nevada, and ways to contain its repercussions at the humanitarian, economic and other levels. ...

Dubai / Emirates Business Dubai Land Department (DLD), through its Real Estate Regulatory Agency (RERA), announced that it will continue to provide all support services to its customers and ensure business sustainability in the current exceptional circumstances. These services guarantee continued work in the real estate sector at its usual pace, confirming its importance in driving the national economy, and ...

SHARJAH / WAM The Sharjah Directorate of Public Works (SDPW) announced the launch of the first phase of the ‘We are Responsible’ campaign, which included sterilising the buildings of the department in cooperation with Bee’ah. The campaign includes sterilising offices, surfaces, tools, devices, and various equipment, facilities and services in the various branches of the department, in addition to distributing ...