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DUBAI / WAM Emirates airline will boost its frequencies to Sudan with the introduction of daily flights to/from Khartoum starting on March 09. The introduction of additional frequencies will provide more options and added convenience for those wishing to travel to Dubai and beyond to Emirates’ network of over 90 destinations. Emirates continues to take measured steps to safely and ...

ABU DHABI / WAM Zaki Anwar Nusseibeh, Cultural Advisor to the UAE President and Chancellor of the United Arab Emirates University (UAEU), said that the UAE’s leadership prioritises the efforts to promote knowledge and reading among members of the community, to make reading part of everyone’s lives and help create a cultured and knowledgeable community. In his statement to the ...

Abu Dhabi / WAM Abu Dhabi Health Services Company (Seha) announced the signing of a Memorandum of Understanding (MoU) with the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) to integrate the use of AI into the provision of medical care, enhancing clinical expertise and elevating the patient experience. The MoU was signed by Seha’s Group Chief Executive Officer, Dr ...

ABU DHABI / WAM The Federal Tax Authority (FTA) is taking part in the UAE’s Innovation Week, which was launched last week, under the slogan ‘UAE Innovates 2021’, with the aim of enhancing an innovation culture and encouraging community participation in designing and developing future experiences and initiatives. Khalid Al Bustani, Director-General of the FTA, said that the authority’s participation ...

Dubai / WAM Dubai Chamber of Commerce and Industry revealed that members’ exports to Central Africa and Western Africa recorded a surge of 85% and 57%, respectively, in January 2021, compared to the same month in the previous year. The total value of member companies’ exports targeting the African continent reached AED2.9 billion during the same month, marking a 4.2 ...

Dubai / WAM DP World, UAE Region, has announced the completion of implementing ZODIAC, a Terminal Operating System (TOS), in Jebel Ali Port’s Container Terminal 3 (CT3). The move represents an additional step to fulfill DP World, UAE Region’s vision to lead smart transformation in its ports and logistics hub. The fully automated system includes advanced solutions for remote control ...

Dubai / WAM Emirates airline will boost its frequencies to Sudan with the introduction of daily flights to and from Khartoum starting on March 9. The introduction of additional frequencies will provide more options and added convenience for those wishing to travel to Dubai and beyond to Emirates’ network of over 90 destinations. Emirates continues to take measured steps to ...

Bloomberg Texas’s grid operator needs to come up with $1.3 billion to pay power plants for energy they supplied during last week’s historic blackouts, raising the prospect it may require a state bailout. The Electric Reliability Council of Texas, which manages most of the state’s grid, said it’s still waiting on more than $2 billion in payments from retail power ...

Bloomberg China’s overseas energy financing dropped to the lowest level since 2008 after the pandemic hampered deal-making in developing nations. Financing for foreign energy projects, including power plants and mines, fell by 43% to $4.6 billion, according to Boston University’s Global Energy Finance Database, which tracks data from two state-owned development banks. More than half of lending was for a ...

In the first two columns in this series, I asked what the pandemic meant for short-term fiscal policy and, looking farther ahead, for measures to accommodate structural shifts in our economies. This time I’ll ask what it means for monetary policy — and the starting point is to look back at a key moment in history. March 4 is the ...