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Emirates makes travel easier to EU countries

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  Dubai / WAM Emirates customers travelling from the UAE to EU member countries now have more opportunities to confidently make the most out of their travel journeys. The airline has been working closely with Al Hosn National Health System team to enable the readability and recognition of customers’ health credentials with EU verified QR codes, including Covid-19 vaccine status ...

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Dewa provides Arabic services on Amazon’s Alexa

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  DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has started providing its smart services on Amazon Alexa in Arabic, becoming the first government utility in the world to do this. Customers can now review their monthly bills in Arabic, check past statements, details of electricity and water consumption, their carbon footprint, as well as connect their Dewa account ...

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Goldman triples its Asia ESG investments as demand grows

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  Bloomberg Goldman Sachs Group Inc has more than tripled environmental, social and governance investments in Asia, stepping up efforts to meet a growing need from clients to limit their greenhouse gas footprints. The New York-based bank has completed nearly 15 investments based on ESG criteria in the past two years, up from just four during the previous period, people ...

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Bangladesh economy set to grow 6.6% in FY22, forecasts IMF

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  Bloomberg Bangladesh’s economic growth is expected to increase to 6.6% in the fiscal year ending June in 2022, according to the International Monetary Fund (IMF), as the coronavirus pandemic abates and policies remain accommodative. Growth may rise to 7.1% the fiscal year after that, the IMF said in a statement on its website, citing an improvement in the external ...

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IPOs in Asia facing headwinds after record year of fundraising

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  Bloomberg After a bumper year of stock listings, Asian companies may find it hard to repeat the success in 2022 given the prospect of rising interest rates and China’s tightening grip on Big Tech. Thanks to a blistering first half amid a global boom, initial public offerings in the region have reached $190 billion so far this year, a ...

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Paytm sinks to record low in Mumbai

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  Bloomberg Shares of Indian digital payments giant Paytm closed at the lowest since their market debut last month following the nation’s biggest-ever initial public offering, as investors remain concerned about the startup’s path to profitability. One 97 Communications Ltd, Paytm’s parent company, raised $2.5 billion in its IPO but a 27% plunge in its debut made it one of ...

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China finds imported omicron cases in new city as outbreak grows

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  Bloomberg Two new cases of the omicron variant were detected in the central Chinese city of Changsha from arrivals into the country, state-backed media Xinhua reported citing the municipal government. The provincial capital of Hunan is the latest place to discover the highly contagious variant in incoming travelers, after the southern province of Guangdong and the northern metropolis of ...

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Democrats limp towards 2022 fighting history, Biden’s ratings

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  Bloomberg The indefinite delay of President Joe Biden’s signature domestic policy bill has derailed the Democrats’ strategy to stave off a Republican onslaught in the 2022 congressional elections and the party may be left without a fallback option. After renewed objections from Senator Joe Manchin to the structure of the Build Back Better measure, Democratic leaders in the Senate ...

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FTA confirms systems’ readiness of VAT refund scheme for tourists

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  Abu Dhabi / WAM The Federal Tax Authority (FTA) organised field tours to the ‘Self-Service Kiosks’ in Dubai International Airport – part of the Value Added Tax (VAT) Refund Scheme for Tourists – to ensure the system’s readiness. The tour is in line with the FTA’s strategy to provide services that meet taxpayers’ aspirations, and its commitment to abiding ...

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UAE minister tours Panama pavilion at Expo 2020 Dubai

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  Dubai / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, toured the Panama Pavilion at Expo 2020 Dubai, themed ‘An introduction to the endless opportunities in Panama’. Any Lam Chong, Director of the Panama Pavilion, welcomed Minister of Climate Change and the Environment and accompanied her on the tour. Through a virtual reality cruise on ...

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