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Multi-functional offshore and repair facility opens in Hamriyah

Sharjah / WAM Orient Source Hong Kong Group of Companies (OSHK) the International Commodity Trader and Project Investor, made its foray into UAE by launching its state-of-art 247,570 ft2 Multi-Functional Offshore & Repair Facility at the Port of Hamriyah in Sharjah along with a Trading Platform with Hamriyah Free Zone. The inauguration of the new facility was announced during a ...

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Abu Dhabi unveils new customer relationship management platform

Abu Dhabi / WAM The Department of Government Support, which is represented by the Abu Dhabi Digital Authority (ADDA) announced the launch of the new Customer Relationship Management platform for the Abu Dhabi Government. The platform aims to improve customer experience as new services and solutions will now be provided to end users, enabling them to complete their transactions with ...

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Number of operating firms in Jumeirah reaches 3,648

Dubai / WAM A report by the Business Registration and Licensing (BRL) sector of Dubai Economy shows that the number of operating businesses in Jumeirah reached 3,648 to date. According to a press release issued by Dubai Economy on Saturday, the licences issued according to the activities are: commercial (1,919), professional (1,663), tourism (48) and industrial (18). In terms of ...

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US sanctions HK chief Carrie Lam over China crackdown

Bloomberg The US is placing sanctions on 11 Chinese officials and their allies in Hong Kong, including Chief Executive Carrie Lam, over their roles in curtailing political freedoms in the former UK colony, the Treasury Department said. “The United States stands with the people of Hong Kong and we will use our tools and authorities to target those undermining their ...

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Vietnam’s no virus death record ends

Bloomberg For almost six months, Vietnamese officials every day announced a fairly astonishing statistic for a nation of 96 million: no Covid-19 deaths. But that changed on July 31, with 10 deaths being reported since. After no reports of community transmission cases since April 16, an outbreak in the coastal city of Danang turned deadly in late July. The virus ...

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Trump’s WeChat ban could hurt iPhone sales in China

Bloomberg President Donald Trump’s order banning US companies from doing business with Chinese messaging app WeChat could damage iPhone sales in one of Apple Inc.’s most important markets. The order would block all transactions involving WeChat, which would prohibit Apple from distributing WeChat to mobile devices through its App Store. WeChat is central to digital life in China. It’s the ...

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Italy extends worker, business protection to avoid cliff edge

Bloomberg The Italian government has approved its latest bundle of coronavirus related norms aimed at supporting businesses and workers damaged by the coronavirus pandemic. The measures known as “August decree” include tax breaks for small and medium-sized businesses and companies that hire in Southern Italy, an extension of one-off payments for tourism and entertainment industry workers, money for the healthcare ...

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Sunak warns British tourists they face more virus disruption

Bloomberg Boris Johnson’s government warned British tourists they face more disruption to their plans for holidays in Europe amid reports that France may be next on the UK list of countries hit by coronavirus travel restrictions. Belgium, Andorra and The Bahamas were added to the quarantine list — meaning all passengers arriving from these areas will need to self-isolate at ...

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Canada outpaces US, recouping 55% of jobs lost to virus

Bloomberg Canada’s economy recorded a third straight month of strong employment gains that have recouped more than half of losses from Covid-19. Employment rose by 418,500 in July, bringing to 1.7 million the number of jobs reclaimed over the past three months. Canada lost 3 million jobs in March and April at the height of the pandemic. The employment rebound ...

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Dafza registers 54% rise in Q1 exports

Dubai / WAM Dubai Airport Freezone Authority (Dafza) achieved positive financial and operational results in the first half of 2020. Throughout the first quarter of the year, Dafza recorded a 54 percent increase in general exports. During this period, China accounted for the highest percentage of Dafza’s trade, with 21 percent at a value of AED 7.7 billion, followed by ...

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