March, 2020

• 21 March

  du offers 500mbps internet speed for free

  

  DUBAI / emirates business du, from Emirates Integrated Telecommunications Company (EITC), has announced the availability of new services to provide customers with reliable and unlimited access to everything they require in the world of communication from the comfort of their homes. This is part of du’s ongoing commitment to provide all forms of support for residents in the UAE, enabling ...

  Read More »
• 21 March

  ECA regulates formulation of early childhood policies

  ABU DHABI / WAM The Abu Dhabi Early Childhood Authority (ECA) has issued guidance manual regulating the formulation of early childhood-related polices by the government departments and entities in Abu Dhabi. The move comes within ECA’s efforts to create an integrated high-quality early childhood development system in the Emirate of Abu Dhabi, and to set out a sustainable plan to ...

  Read More »
• 21 March

  FAB provides AED 5mn laptops to UAE students

  

  ABU DHABI / WAM First Abu Dhabi Bank (FAB) has partnered with the Ministry of Education to support its distance learning platform. The bank will provide laptops worth AED 5 million to students in the UAE, in line with FAB’s commitment to support the communities in which it operates and to support the education sector; one of the UAE’s key ...

  Read More »
• 21 March

  UAE leaders greet Namibian President on Independence Day

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a message of congratulations to President Hage Geingob of Namibia, on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed ...

  Read More »
• 21 March

  ADX to manage remote e-voting for companies’ AGMs for free

  

  ABU DHABI / Emirates Business Abu Dhabi Securities Exchange (ADX) announced that it will be managing remote e-voting for Annual General Meetings (AGMs) of companies listed on the Exchange free of charge. This move will enable a crucial aspect of AGMs to be carried out remotely and will apply to AGMs taking place from March 17 until the end of ...

  Read More »
• 21 March

  Jack Ma pledges 1.8m masks aid to poor Asian nations

  

  Bloomberg Jack Ma, Asia’s richest man, pledged 1.8 million face masks and 210,000 coronavirus test kits to some of the continent’s poorest nations, the latest step in an ongoing effort from his foundation to push back against what’s become a global pandemic. Ma joined Twitter on March 16 to announce that the Jack Ma Foundation and Alibaba Foundation were shipping ...

  Read More »
• 21 March

  Modi’s ‘stay at home’ call may deepen economic slowdown

  

  Bloomberg India’s economy, already in the grip of a slowdown, is in for more pain after Prime Minister Narendra Modi appealed to citizens to stay at and work from home to curb the coronavirus outbreak. The services sector, which accounts for about 55% of India’s gross domestic product, is poised to be the worst hit after Modi, in an address, ...

  Read More »
• 21 March

  Thailand orders partial lockdown of Bangkok

  

  Bloomberg Thailand’s capital imposed a partial shutdown from Sunday after novel coronavirus cases surged past 400 with a rising number of people in critical condition. Malls in Bangkok will be closed, and shops offering food and essential services will be among the few that can remain open, Bangkok Governor Aswin Kwanmuang said in a briefing. The restrictions will last from ...

  Read More »
• 21 March

  Singapore sticks to only social distancing

  

  Bloomberg Even as its neighbours and countries around the world are aggressively shutting down restaurants, theatres and other non-essential businesses to contain the spread of the coronavirus, Singapore is boldly resisting that move. The city-state — seen as a litmus test for containing the spread of the coronavirus — is “doing its utmost” to prevent the spread without having a ...

  Read More »
• 21 March

  Palm oil slumps to 5-month low on demand worry

  

  Bloomberg Palm oil dropped to a five-month low on concern about poor purchases by top buyer India, Malaysia’s move to allow the industry to operate during a nationwide lockdown and an overnight slump in petroleum. The world’s most-consumed edible oil fell 1.3% to close at its lowest level since October as a rout in crude oil prices to an 18-year ...

  Read More »