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ABU DHABI / WAM In line with its commitment to adopt the best digital solutions in government work, the Ministry of Finance (MoF) announced the launch of the ‘MNEs Notification and Reporting System’, in accordance with UAE’s Cabinet Resolution no. 44 of 2020 to organise the reports submitted by the multinational’s companies (MNEs). Younis Haji Al Khoori, Undersecretary of MoF, ...

DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has approved the plan to resume assessments for the 2020 edition of the Dubai Government Excellence Program (DGEP). The assessments for the program, which were earlier scheduled for February and March 2020, had been postponed due to the ...

ABU DHABI / WAM The UAE leads the way as the strongest and most valuable brand in the Middle East and Africa (Mena) and ranked 18th globally at AED 2.45 trillion ($672 billion), according to the latest report by Brand Finance, the world’s leading independent brand valuation consultancy. The ranking places the Emirates at 18th, a rise of two places ...

DUBAI / WAM Noura bint Mohammed Al Kaabi, UAE Minister of Culture and Youth, has visited Dubai Design District, d3, a member of TECOM Group, for a tour of the outdoor installations and exhibitions at Dubai Design Week, the region’s largest cultural event held under the patronage of HH Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai ...

ABU DHABI / WAM Zaki Nusseibeh, Minister of State, led the United Arab Emirates delegation’s participation in the recently concluded Paris Peace Forum. The event is an annual forum that brings together participants from civil society, government, and the private sector to focus on innovative solutions for tomorrow. The UAE delegation also included Yacoub Yousef Al Hosani, Assistant Minister for ...

The election of Joe Biden as US president has prompted sighs of relief across the world — not least because his White House is expected to be a boon for the international economy. Donald Trump’s erratic behaviour on trade and currencies has weighed on foreign companies and governments while doing little to fulfill his domestic objectives. Even though it’s hard ...

With hopes that their season in hell could be approaching an end, airline stocks are on a tear. Shares in Singapore Airlines Ltd jumped the most in 21 years while those in Cathay Pacific Airways Ltd were up the most since 2008 after Singapore and Hong Kong announced the opening of a travel bubble starting from November 22. News of ...

“So when our Sickness, and our Poverty Had greater wants than we could well supply; Strict Orders did but more enrage our grief, And hinder in accomplishing relief.” That’s how the British poet George Wither explained a spreading rebellion against social-distancing rules. Seeing quarantines and lockdowns as unfair and tyrannical punishments, people were taking to the streets. The year was ...

Governments around the world put out consultation papers all the time. But only in China can one vaguely worded, 22-page document on antitrust regulations ignite a $290 billion equity selloff. As investors nurse their wounds, they want to know, why is China regulating Big Tech now? And what exactly does Beijing want? Emerging out of the Covid-19 recession, China got ...

Bloomberg President Donald Trump’s appointment of Christopher Miller, a former Green Beret and White House counterterrorism coordinator, as acting defense secretary raises “two layers of fear,” the head of the House Armed Services panel said. The first is the “incredibly steep learning curve” on global military operations, options and controversies that Miller faces after Trump’s dismissal-by-tweet of Mark Esper as ...