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Pfizer, US revise contract for donated vaccines as world demand plummets

  Bloomberg President Joe Biden’s administration has slashed its target for Covid-19 vaccine donations abroad this year, amending a contract with Pfizer Inc. in the latest sign that world demand for the shots has collapsed. Under the revised deal, a total of 600 million Pfizer doses will be made available to the US by the end of the year, giving ...

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FedEx slides on skepticism over new CEO’s cost-cutting plan

  Bloomberg FedEx Corp. declined after the new CEO’s plan to cut costs and raise shipping rates fell flat with Wall Street, leaving investors concerned about deep challenges including slowing demand and elevated expenses. The courier said it will cut flights, defer projects and close offices as it seeks as much as $2.7 billion in savings this fiscal year. The ...

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Adek launches AED 1.9billion Khotwa scholarship programme

  ABU DHABI / WAM Under the directives of HH Sheikh Khaled bin Mohamed bin Zayed, Deputy National Security Adviser, Member of Abu Dhabi Executive Council and Chairman of Abu Dhabi Executive Office, the Abu Dhabi Department of Education and Knowledge (Adek) has launched the Khotwa (RizeUp) scholarship programme to further enhance access to education opportunities and open new knowledge ...

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EGA organises discussion on use of aluminium in space

  ABU DHABI / WAM Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, welcomed the first Emirati astronaut, Hazza Al Mansoori, to a virtual discussion with employees about the uses of aluminium in space. Astronaut Al Mansoori, currently training in the United States for his next mission, shared stories from his historic 2019 ...

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National strategy for nursing, midwifery discussed

  DUBAI / WAM The Ministry of Health and Prevention (MoHAP) has organised a special workshop in Dubai to discuss the National Strategy for Nursing and Midwifery 2022-2026 and its roadmap. The five-day workshop, which was hosted by MoHAP’s National Committee for Nursing and Midwifery Affairs, aimed to develop implementation, follow-up, and evaluation methods to ensure the optimal execution of ...

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DP World’s recruitment programmes attract over 50 Emiratis

  DUBAI / WAM DP World’s success in transforming from a local port operator to global logistics solutions provider, began with its inception four decades ago. It is the story of visionary leadership and talented young Emiratis who worked hard to make DP World a multinational company, while maintaining its Emirati soul. Their confidence and enthusiasm helped them achieve their ...

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Ukraine frees Putin ally in swap deal for hundreds of troops

Bloomberg Ukraine handed over a key ally of Russian President Vladimir Putin in exchange for hundreds of prisoners of war including many captured in a landmark battle, a swap that outraged pro-Kremlin propagandists. Viktor Medvedchuk was one of 55 people turned over to Russia in return for 215 prisoners, including 188 who held out for months against Russian assault at ...

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Sheikh Mohamed, Bahraini King discuss ties, global developments

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Majesty King Hamad bin Isa Al Khalifa of Bahrain. During the meeting, President His Highness Sheikh Mohamed bin Zayed and the visiting King of Bahrain exchanged friendly fraternal conversations that express the deep-rooted historical relations that unite the UAE and the Kingdom of Bahrain and ...

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UAE-South Korea bilateral trade grows 19% to $1.3b in Q1 2022

  JEJU / WAM The latest trend in UAE-South Korea bilateral trade shows the strong and resilient economic relations between the two countries, according to the UAE’s top diplomat in Seoul. “The UAE-South Korea non-oil bilateral trade has grown to $1.3 billion during the first quarter of 2022, a 19 percent increase compared to the same period last year,” Abdulla ...

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Government entities, tech firms innovate remote work solutions

  DUBAI / WAM The office of the Minister of State for Artificial intelligence, Digital Economy and Remote Work Applications organised the “Inspiring solutions to developing Remote Work Performance” workshop at the CodersHQ, one of the national programmes for Coders initiatives, aiming to share best practices on workload distribution by teams. The workshop discussed best practices in design effective mechanisms ...

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