May, 2022

• 30 May

  UAE allocates $10b to support investments in Egypt, Jordan

  

  Abu Dhabi / WAM The United Arab Emirates, the Arab Republic of Egypt and the Hashemite Kingdom of Jordan have announced an Industrial Partnership for Sustainable Economic Growth in Abu Dhabi on Sunday to unlock new industrial opportunities and enhance sustainable economic growth in the three countries, across 5 sectors. His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime ...

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• 30 May

  Hamdan bin Mohammed opens AED2bn Dubai-Al Ain project

  

    Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has officially opened the Dubai-Al Ain Road Improvement Project built at a cost of AED2 billion. Undertaken as part of Dubai’s master transport plan, the project affirms Dubai’s efforts to accelerate its economic development with major projects. ...

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• 30 May

  EDB to support integrated industrial partnership for sustainable economic growth

  

    Abu Dhabi / Gulf Time Emirates Development Bank (EDB), the key financial engine of the UAE’s economic diversification and industrial transformation agenda, has announced its support for the Integrated Industrial Partnership for Sustainable Economic Growth, the three-nation initiative between the UAE, Joran and Egypt launched to unlock new industrial opportunities and enhance sustainable economic growth. EDB will become a ...

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• 30 May

  UAE announces 380 new recoveries from Covid-19

  

    Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 196,359 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. ...

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• 30 May

  ADJA concludes training program for 75 inspectors

    Abu Dhabi / WAM The Abu Dhabi Judicial Academy (ADJA) has concluded a specialised qualifying training programme to grant judicial officer capacity to a new batch of inspectors from government agencies in the Emirate of Abu Dhabi, totalling 75 trainees, as part of the efforts to prepare specialised national cadres capable of improving institutional performance and enhancing the quality ...

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• 30 May

  UAE leads in launching a new industrial era in Mena region

  

    Abu Dhabi / WAM The United Arab Emirates is launching a new industrial era based on advanced technology, employing resources and capabilities, strengthening international and regional partnerships, and pushing efforts to build an advanced and competitive Middle Eastern industrial fortress, through the signing of the “Industrial partnership for Sustainable Economic Growth” with Egypt and Jordan. This strategic partnership between ...

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• 30 May

  Irthi fosters cultural exchange between Sharjah, Milan

  

    Sharjah / WAM Irthi Contemporary Crafts Council, an affiliate of Nama Women Advancement, is creating compelling, immersive experiences for the global design community as it highlights the refined beauty and contemporary aesthetics of Emirati craft traditions at the upcoming Milan Design Week from June 7-12. Irthi will also leave a firm imprint on the international design scene in Milan ...

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• 30 May

  Biden is caught between Big Tech and Black voters

  

  President Joseph Biden couldn’t have beaten Donald Trump in 2020 without the support of Big Tech and Black voters. Donations from Silicon Valley employees and political action committees gave the former vice president a critical cash advantage in the final scramble to election day, while Black voter turnout tipped the balance in key states such as Georgia, Michigan and Pennsylvania. ...

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• 30 May

  US consumer spending at its peak!

  

  The big economic news of the day was that real consumer spending rose in April by the most in three months, helping to push the S&P 500 Index to its biggest weekly gain since March. At first glance, this may be seen as a sign of resilience on the part of consumers despite the highest inflation rates since the early ...

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• 30 May

  Venice has a very old Covid monetary lesson

    We don’t talk much about helicopter money anymore. After a debate that raged through the early days of the pandemic, it’s all but fallen off the map as a topic. That’s hardly surprising, given how radically economic conditions have changed. Rather than worrying about how to shore up a collapsing economy, the issue of the hour is how to ...

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