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UAE on right path to establish a culture of creativity, innovation

UAE on right path to establish a culture of creativity, innovation
3 hours ago
Picture used for illustrative purpose.
The Ministry of Finance (MoF) recently announced that the Mohammed Bin Rashid Innovation Fund (MBRIF), one of MoF’s projects that supports innovative companies, was named a champion of the World Summit on the Information Society Prizes 2021 (WSIS) under the Enabling Environment category – in recognition of its efforts to support innovators and enabling an environment of innovation.
Younis Haji Al Khoori, Undersecretary of MoF, and Fatima Yousef Al-Naqbi, Chief Innovation Officer, MBRIF Representative of MoF, participated in the virtual award ceremony that took place alongside the WSIS over the course of five days from May 17 to 21, 2021, and was organised by the International Telecommunication Union (ITU). ....

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MIL-OSI New Zealand: Banking and Results – ASB half year result – supporting a strong and sustainable New Zealand

Source: ASB Bank
ASB today reported a cash net profit after taxation (NPAT)[1] of $614 million for the six months ended 31 December 2020, a decrease of 1% on the prior comparative period.
The result reflects the continued resilience of the New Zealand economy in the face of the ongoing impacts of COVID-19. Strong home and business lending growth was offset by reduced margins due to the low interest rate environment and increased operating costs reflecting ASBâs continued commitment to reinvest in its business.
In announcing the result today, ASB Chief Executive Vittoria Shortt says she is impressed with the way New Zealanders have risen to the COVID-19 challenge and that ASB is determined to continue playing its part in helping customers get through. âWeâve delivered significant financial support this half, but itâs been equally important for us to show flexibility and work with our customers to find innovative solutions to their personal and busine ....

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