April, 2020

• 23 April

  ERC reunites 400 people from many nations with their families

  

  Abu Dhabi / WAM The Emirates Red Crescent (ERC) helped reunite 400 people from several countries with their families, upon the directives of His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the ERC. The ERC paid for their travel expenses from the UAE to their countries and other related costs, despite ...

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• 23 April

  Oil refiners at breaking point over storage woes

  

  Bloomberg Oil refiners are hunting for vessels to store jet-fuel and gasoline that nobody is buying, sending freight rates sharply higher, an indication that the global refining system is fast approaching a breaking point. Until now refiners had mostly been storing unwanted product on site, but the latest indication from the tanker market suggests they are now being forced to ...

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• 23 April

  UAE takes part in remote Unesco meet on Covid-19

  ABU DHABI / WAM Noura bint Mohammed Al Kaabi, Minister of Culture and Knowledge Development and Chair of the UAE National Commission for Education, Science and Culture, participated in a remote meeting of ministers of culture organised by United Nations Educational, Scientific and Cultural Organisation (Unesco). The meeting touched upon repercussions of Covid-19, on culture, innovation sectors in all countries, ...

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• 23 April

  India’s biggest airline reverses staff pay cuts

  

  Bloomberg IndiGo, Asia’s biggest budget airline by market value, reversed a decision to slash employee salaries after the Indian government urged companies to avoid such practices, according to people with direct knowledge of the matter. The airline, operated by InterGlobe Aviation Ltd., had proposed pay cuts of as much as 15% for most staff but will no longer go through ...

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• 23 April

  Ministry of Economy, Abu Dhabi Ports tie up to accelerate growth

  

  ABU DHABI / WAM Abu Dhabi Ports on Thursday announced major initiatives to address concerns of its customers across its industrial and economic zone subsidiaries in these uncertain times. The relief package includes several measures for existing customers, including a three-month rent deferment for Q2, a freeze on late payment penalties and an exemption from Tawtheeq fees. The measures are ...

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• 23 April

  MoF upgrades ‘Emirates Gate’ system for financial reporting

  

  Dubai / WAM The Ministry of Finance (MoF) announced the launch of the upgraded version of the Emirates Gate system for government financial statistics reports. First launched in 2012, the updated system is part of the recommendations of the Government Financial Policy Coordination Council, which is chaired by Younis Haji Al Khoori, Under-Secretary of MoF, Chairman of the Government Financial ...

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• 23 April

  DP World reports stable volumes in Q1

  

  DUBAI / WAM DP World announced on Thursday that it handled 17.2 million twenty-foot equivalent units, TEU, across its global portfolio of container terminals in the first quarter of 2020. It noted that gross container volumes decreased by 1.7 percent year-on-year on a reported basis and up 0.3 percent on a like-for-like basis. Reported volumes declined in Asia Pacific and ...

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• 23 April

  Covid-19: Sudanese envoy thanks UAE for its support

  ABU DHABI / WAM Mohamed Al Kareb, Sudanese Ambassador to the UAE, has expressed his country’s appreciation to the UAE’s leadership for supporting Sudan’s efforts in its fight against Covid-19. On Wednesday, the UAE dispatched an aircraft loaded with seven tonnes of medical supplies to help 7,000 healthcare workers combat the virus in the African nation. In a statement, Al ...

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• 23 April

  ADGM Courts launch new pro bono legal assistance scheme

  ABU DHABI / WAM Abu Dhabi Global Market Courts, ADGM Courts, has launched a new pro bono legal assistance scheme that will provide free legal advice to individuals with limited financial means. The Pro Bono Scheme is a new permanent feature and a further example of ADGM Courts’ ongoing commitment to supporting the development of the UAE justice system, ADGM ...

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• 23 April

  Etihad to deliver critical airfreight services to Australia

  

  Abu Dhabi / Emirates Business Etihad Cargo, the cargo and logistics arm of the Etihad Aviation Group, has partnered with the Australian government to provide critical international airfreight assistance to Australia. Under the agreement with the Australian Trade and Investment Commission (Austrade), Etihad Cargo will provide dedicated cargo services between Abu Dhabi and Australia, leveraging bellyhold capacity of its fleet ...

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