DUBAI / WAM In his capacity as the Ruler of Dubai, Vice President and Prime Minister His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Law No. (11) of 2020 on Dubai Civil Aviation Authority (DCAA). The Law, which will regulate the civil aviation sector in Dubai, will apply to DCAA and all businesses and activities related to aircraft and ...

DUBAI / WAM The 3rd phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai, is one of the largest solar projects in the world, has a capacity of 800MW using photovoltaic solar panels and provides clean energy for over 240,000 residences in Dubai. Dubai Electricity and Water Authority (Dewa) built the 3rd phase of the solar park ...

ABU DHABI / WAM The Authority of Social Contribution, Ma’an, launched its new initiative “Ghaya”, a financial literacy programme aimed at enhancing knowledge of financial management. Through cooperation with the Abu Dhabi Social Support Authority, 50 of its beneficiaries are to be enrolled on the inaugural initiative on December 13 in addition to other participants from the public. Ghaya, in ...

With the end of the year approaching, I have been thinking about which of my views have changed over the last 12 months. Here’s one: I no longer think Brexit is a bad idea. I’m not ready to endorse it, because I don’t feel comfortable with the nationalism and populism surrounding so much of the Leave movement, but I no ...

After the worst of the pandemic lockdowns in the spring, as the weather heated up and more people ventured outdoors to hit the golf links or hiking trails, Dick’s Sporting Goods Inc was in a prime position to benefit. The chain notched two quarters of booming comparable sales growth, with e-commerce serving as a key driver. But undergirding the booming ...

Mark Zuckerberg always knew. In 2012, when Instagram was two years old, with 13 employees and no obvious path to profitability, Zuckerberg knew that the fast-growing photo app was a potential threat to Facebook Inc’s social media dominance. “Instagram can hurt us,” he wrote in an email. In an internal discussion about whether to buy Instagram — and other startups ...

In 1920, 14.7% of American farmers were Black. A century later, only 1.4% are — and they earn less money, receive less government support, and occupy smaller farms on average than do their white counterparts. Of the many ailments afflicting rural America in 2020, these racial disparities are some of the most enduring and under-discussed. Is that about to change? ...

Bloomberg President-elect Joe Biden said that the US needs immediate presidential leadership as the daily death toll from the coronavirus exceeds 3,000 people. “This nation needs presidential leadership right now, presidential leadership to model the steps we should be taking to save our lives and the lives of our families,” Biden said in a direct criticism of President Donald Trump. ...

Bloomberg President Donald Trump signed a one-week stopgap spending bill, ahead of a midnight deadline to avert a federal government shutdown. Funding is now extended until the end of the day on December 18. US lawmakers aim to complete a full-year $1.4 trillion spending bill combined with Covid-19 relief legislation by the new deadline. The Senate approved the stopgap bill ...

Bloomberg Hong Kong media tycoon and prominent pro-democracy activist Jimmy Lai was charged with colluding with foreign forces under the city’s sweeping new national security law and denied bail in a court appearance on Saturday. Prosecutors told the West Kowloon Magistracy that Lai committed the offense — calling for a foreign entity to impose sanctions or engage in hostile activities ...