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 emphasised the UAE’s unwavering position towards supporting Libya and achieving the aspirations of its people towards stability, development and unity. This was stated when His Highness Sheikh Mohamed bin Zayed received on Saturday ...
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June, 2021
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6 June
UAE has enhanced its position in the global maritime sector
FUJAIRAH / WAM His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, has praised Fujairah’s vital and economic role due to the directives of His Highness Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah. These directives are aimed at creating a conducive investment environment by developing its port, raising its ...
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6 June
HFZA, Bee’ah renew strategic partnership
SHARJAH / WAM Bee’ah, Sharjah-based integrated environmental, recycling & waste management company, has announced signing a renewal of its strategic partnership agreement with Hamriyah Free Zone Authority, to provide integrated waste management services for the free zone community. The agreement was signed by Saud Salim Al Mazrouei, Director of Hamriyah Free Zone Authority (HFZA) and Fahad Ali Fahad Shehail, Group ...
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6 June
Electronic connection activated between ADJD, UAE central bank
Abu Dhabi / WAM The Abu Dhabi Judicial Department (ADJD) has announced it began activating the electronic connection between the Enforcement Division and the UAE central bank, within the aim of expediting the processes to facilitate the procedures for both the court users and employees. Youssef Saeed Al Abri, Undersecretary of the Abu Dhabi Judicial Department, said that the electronic ...
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6 June
Biden’s blacklist offers olive branch to Beijing
President Joe Biden’s blacklist on investment in Chinese companies offers the kind of compromise that could help steady relations, though it likely won’t be enough to inspire Beijing to reciprocate and cool tensions. In releasing an update to his predecessor’s Executive Order 13959, Biden held the same line enunciated by Donald Trump in “addressing the threat from securities investments that ...
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6 June
Pandemic has books back in business
Theatres went dark in London’s West End last year, while galleries closed and concert halls stood silent. But there was one creative industry that flourished during lockdown: the reading and publishing of books. Many in the industry, as well as parents and educators, are now hoping the habit will stick around post-Covid. My guess is it just might. HarperCollins, one ...
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6 June
Post-Covid workplaces can close autism gap
The coronavirus pandemic, with its lockdowns and travel bans, has prompted an unprecedented shakeup of everything we thought we knew about daily labor. How we work, where and when. There’s never been a better time to also reexamine who toils with us. For many companies, that has meant championing diversity, a crucial consideration for blue-chip employers eager to widen the ...
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6 June
Persistent politics of Tulsa race massacre
As the nation reflects on the 100th anniversary of the Tulsa Massacre, in which a White mob razed a prosperous Black community and killed many of its inhabitants, conversations have focused on the economic costs of such racial violence. But to understand where it comes from — and where American society is headed — one must recognise the extent to ...
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6 June
Germany weighs taking part in Lufthansa capital increase
Bloomberg Germany is leaning towards participating in Deutsche Lufthansa AG’s pending capital increase, according to people familiar with the matter, a move that would boost the airline’s plan to refinance its 9 billion-euro ($11 billion) bailout package. By subscribing to the rights offering, the government would limit dilution of its 20% shareholding, while increasing its chances of success, said the ...
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6 June
Indian airlines will lose $8b due to Covid, says CAPA
Bloomberg Indian carriers are expected to incur a loss of $8 billion by 2022 as the second Covid-19 wave puts any travel recovery on hold. IndiGo, India’s largest airline, and Air India Ltd will account for $4.5 billion of losses, CAPA Centre for Aviation said in its report India Airline Outlook for the fiscal year 2022. Indian carriers will need ...
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