The ILO's annual World Employment and Social Outlook report indicated that the planet would be 75 million jobs short at the end of this year compared to if the pandemic had not occurred.
Sheikh Mohammed revealed that the UAE economy managed to create 248,000 jobs during the COVID-19 pandemic including 100,000 jobs in the retail and 148,000 jobs in the financial, technology and communications sectors.
The Emirates Group on Tuesday announced its first year of loss in over 30 years caused by a significant drop in revenue, fully attributed to the impact of COVID-19 related flight and travel restrictions throughout its entire financial year 2020-21.
Italian fashion boss Brunello Cucinelli has taken a major decision for his employees in such trying times amidst the pandemic.
"Once we reach 70% vaccine coverage, opening up at tens or hundreds of cases nationally per day is possible." Currently, 30% of Australia's adult population has been fully vaccinated while 53% have had at least one dose, said in a statement.