April, 2021

• 13 April

  Covid-19: UAE reports 1,719 new recoveries

  

  Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 193,896 additional coronavirus (Covid-19) tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, MoHAP announced 1,928 new coronavirus cases, bringing the total number of recorded cases in the UAE to 485,675. The ministry also noted that ...

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• 13 April

  Abu Dhabi University ranked best for employability in UAE

  

  Abu Dhabi / WAM Abu Dhabi University (ADU) has been ranked the best for employability in the UAE and third in the Arab world, according to the Global Employability Ranking and Survey 2020 (GEURS), a study published by French consultancy Emerging and Times Higher Education. The survey provides unique data and insights into the strategies that could be put in ...

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• 13 April

  Central bank names head of UAE financial intelligence unit

  

  Abu Dhabi / WAM The Governor of the central bank of the UAE (CBUAE) has appointed Ali Faisal Ba’Alawi as Head of the UAE Financial Intelligence Unit (FIU). This appointment represents the next step in the implementation of the UAE’s National AML/CFT Strategy and National Action Plan, the programme of reforms designed to strengthen the UAE’s anti-financial crime system following ...

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• 13 April

  Sanad closes $55m financing deal with Commercial Bank of Dubai

  

  Abu Dhabi / WAM Sanad Capital, a wholly-owned subsidiary of Mubadala Investment Company and the global aerospace engineering and leasing solutions leader, has closed a $55 million debt financing deal with the Commercial Bank of Dubai, one of the UAE’s leading financial institutions. The first-ever collaboration between Sanad Capital and the Commercial Bank of Dubai will fund the purchase of ...

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• 13 April

  Strategic road in Indonesia named after Mohamed bin Zayed

  

  JAKARTA / WAM Joko Widodo, President of Indonesia, ordered the renaming of a major road in Indonesia after His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, in appreciation of His Highness Sheikh Mohamed and the distinguished ties between the UAE and Indonesia. Dr Pratinko, Minister for ...

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• 13 April

  UAE ministry urges private sector firms to pay employees on time

  

  Abu Dhabi / WAM The Ministry of Human Resources and Emiratisation has urged private sector companies to pay the wages of their employees on time, under the framework of the national Wage Protection System aimed at ensuring labour stability. This issue is one of the challenges caused by the coronavirus (Covid-19) pandemic, which has negatively affected international labour markets and ...

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• 13 April

  Can Johnson limit Brexit’s economic damages?

  

  Last week, the UK’s opposition Labour Party broke its three-month silence over Brexit to accuse the government of hiding evidence by not publishing an economic impact assessment. Shadow Cabinet Office minister Rachel Reeves cited Office for Budget Responsibility estimates that leaving the European Union has reduced Britain’s gross domestic product by 0.5% in the first quarter of 2021 and will ...

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• 13 April

  Who wants to be biggest billionaire?

  

  In China, it’s good to be rich, but not too rich. Getting to the top of the billionaire rankings carries great risks. Just take a look at those who were once first among plutocrats. All got into trouble with Beijing — be they real estate developers or big tech bosses. Wang Jianlin, founder of commercial real estate Dalian Wanda Group ...

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• 13 April

  Belfast petrol bombs, too, are a Brussels problem!

  A disturbing sight has returned to the Northern Ireland cities of Belfast and Derry, reminding mainland Brits of the three decades from 1969 when riots and bouts of terrorism marked the sectarian strife of “the Troubles.” Almost every night since March 30, cars and coaches have been set alight, and youths — directed by loyalist paramilitary godfathers-turned-gangsters — have hurled ...

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• 13 April

  Yellen doctrine is more than corporate taxes

  Janet Yellen has a potent message for the world and for folks at home weary of US commitments abroad: America isn’t done as a global force, if only because it’s primarily to the country’s own advantage. Whether the rest of the world is buying what she has to sell is a different question. While many foreign officials welcome the jolts ...

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