DUBAI / WAM Etihad Credit Insurance (ECI) the UK Export Finance (UKEF) have announced the signing of a reinsurance agreement to enhance the competitiveness, scale and scope of both countries’ export industry through strategic partnership and cooperation. The agreement, which was signed by Massimo Falcioni, CEO of ECI, and Louis Taylor, CEO of UKEF, aims to provide a robust turnkey ...
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November, 2020
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25 November
Dubai forms ‘Cashless Dubai Working Group’
DUBAI / WAM The Government of Dubai has formed the “Cashless Dubai Working Group†to create an action plan to shift all payment transactions in Dubai to secure and easy-to-use cashless platforms across sectors. The initiative brings together Smart Dubai, Dubai’s Department of Finance (DoF) the Supreme Legislation Committee, Dubai Economy, Dubai Police, Dubai Economic Security Centre, Dubai Chamber, and ...
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25 November
Campaign to end violence against women launched
DUBAI / WAM The Dubai Foundation for Women and Children is launching its sixth violence against women campaign in the UAE, in conjunction with the global UNiTE to End Violence against Women campaign launched by the Secretary-General of the United Nations. The 16 day campaign will run from November 25 (International Day for the Elimination of Violence against Women) to ...
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25 November
SCCI, China boost economic ties
SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has signed a Memorandum of Understanding (MoU) with the China Council for the Promotion of International Trade in Shanxi Province, as part of the SCCI’s participation in the Shanxi-Middle East Economy and Trade Cooperation Conference, which was held virtually with the participation of economic organisations and institutions from the ...
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25 November
FinTech AD Festival 2020 kicks off
Abu Dhabi / WAM The Mena region’s largest event focussed on innovation in financial services, the FinTech Abu Dhabi Festival (FinTech AD), kicked off on Tuesday and will run until November 26. Held under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Vice President of the Abu Dhabi Executive Council, and co-hosted by the Central Bank of the ...
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25 November
DCT Abu Dhabi relaunches ‘Emirati Talents’ programme
ABU DHABI / WAM The Department of Culture and Tourism (DCT) Abu Dhabi has relaunched its ground-breaking programme for selecting and hiring Emirati talent into the workplace. The programme, called Emirati Talents, was officially launched in November 2019 with a series of innovative events that engaged interested candidates in activities and challenges to assess the next generation of Emirati talent. ...
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25 November
China may have to delay national carbon market debut to 2021
Bloomberg China may delay the launch of its national carbon market for power companies to the first half of 2021, according to a researcher who helped the government design the emissions trading system. Actual trading of emission allowances will likely begin next year, Zhang Xiliang, director of Tsinghua University’s Institute of Energy, Environment and Economy, said at the International Finance ...
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25 November
UK renewable power set for $27bn boost
Bloomberg The UK government plans to double the amount of renewable power supported by the country’s main subsidy mechanism and create a new structure that will bolster a variety of technologies, speeding up a wave of new investment. The next round of the contracts for difference system will clear the way for as much as 12 gigawatts of new green ...
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25 November
Vestas Wind turbine collapses in northern Sweden
Bloomberg A 230-metre tall wind turbine built by Vestas Wind Systems A/S collapsed at a site in northern Sweden over the weekend. The cause of the accident is unknown and the company is assembling a team that will investigate at the site, spokesman Anders Riis said by phone. A lot of snow is expected this week, which may delay the ...
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25 November
Yes, Trump’s sound and fury will signify nothing
A classic episode of “The Twilight Zone†from 1961, “It’s a Good Life,†features a telepathic, malicious 6-year-old brat named Anthony who holds an entire town hostage. Anthony transforms one adult who crosses him into a jack-in-the-box. Everybody else who wants to survive kowtows. “It’s real fine that you’ve done that, that’s real fine,†the local grocer tells Anthony after ...
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