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TikTok plans to file suit against Trump’s order

Bloomberg TikTok plans to file a lawsuit against the Trump administration on Monday to challenge its executive order banning transactions with the video app in the US, the company said. TikTok said it “strongly disagreed” with the concerns raised by President Donald Trump as he ordered on August 6 to ban the app from the US within 45 days. He ...

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UAE reports 80 more recoveries from Covid-19

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced on Sunday that it conducted 71,216 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...

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Food, water security UAE’s top priorities post Covid-19

DUBAI / WAM “Food and water security are among the priorities of the UAE government for the post-coronavirus (Covid-19) period, and the objective is to launch specialist initiatives that will ensure our readiness to confront all types of crises,” according to His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of ...

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Project to develop antiviral drug for Covid-19 launched

Abu Dhabi / WAM Sandooq Al Watan, the national initiative launched by prominent Emirati businessmen to support research projects in the post-oil era, announced on Sunday that they have signed sponsored research agreements with the University of Sharjah to collaborate on a variety of scientific research projects. This follows the University of Sharjah winning grants for two research projects to ...

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ADJD introduces digital money order system for disbursement of deposits

Abu Dhabi / WAM The Abu Dhabi Judicial Department (ADJD) announced that it launched a digital money order system for the disbursement of amounts held in deposit. All the disbursement process has been automated starting from the deposit system until remittance in the beneficiaries’ accounts. This wholly electronic process was made possible by linking the ADJD systems with the servers ...

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Covid-19: UAE reports 80 new recoveries

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced on Sunday that it conducted 71,216 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...

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Waha Capital to invest AED184m in LatAm online travel company

Abu Dhabi / WAM Waha Capital PJSC, a leading investment company in Abu Dhabi, has announced an investment of AED 184 million ($50 million) in Despegar.com, a leading NYSE-listed company in the online travel sector. An addition to its investment programme initiated in May comprising a total of up to $150m in US-listed companies, the new investment supports Waha Capital’s ...

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IHC delivers 3rd shipment of medical aid to Lebanon

Dubai / WAM Dubai’s International Humanitarian City (IHC) continued to send additional aid to assist the people of Lebanon by airlifting the third consignment of humanitarian supplies to the country. Two Emirates SkyCargo aircraft, chartered by Dubai’s IHC, left Dubai International Airport with the aid supplies carrying approximately 30 metric tonnes of aid, including approximately 12 tonnes of medical supplies ...

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GDMO launches initiative to answer public queries

Dubai­­­­ / WAM The Government of Dubai Media Office (GDMO) launched #AskDXBOfficial, an initiative that gives the public and the media a chance to ask questions to Dubai’s senior government officials. The initiative is part of GDMO’s objective of creating platforms that allow the community to clarify issues and concerns with government officials. The first #AskDXBOfficial interaction this week featured ...

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Oil pares weekly gain in wake of sluggish global economies

Bloomberg Oil slipped as signs of stumbling recoveries in major economies from Europe to Asia threaten to delay a demand rebound. Futures in New York fell 1.1%, narrowing a weekly gain to just under 1%. Europe’s economy unexpectedly lost momentum this month, with the region battling to control a new spike in coronavirus cases. Meanwhile, a gauge of Japan’s service ...

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