Bloomberg The US said it will increase the tariff rate imposed on aircraft imported from the European Union (EU) to 15% from 10% on March 18. The move is part of a long-running spat in which the US has sought to penalise the EU for offering illegal subsidies to Airbus SE that harmed American aircraft maker Boeing Co. The US Trade ...

HADRAMAUT / WAM The UAE, through its humanitarian arm, the Emirates Red Crescent (ERC), provided 600 food parcels weighing 48 tonnes to the residents of Hadramaut Governorate, benefitting 3,000 people who are members of vulnerable Yemeni families in Al-Reida and Qusayr districts. The beneficiaries thanked the UAE’s leadership, government and people for their support and humanitarian gesture. Since the beginning ...

SHARJAH / WAM The Sharjah Economic Development Department (SEDD), in a strategic partnership with the Ministry of Energy and Industry (MOEI), will host the UAE-Russian Business Forum, on February 19. The forum aims to enhance and strengthen ties of trade, economic and investment cooperation between UAE, in general, and Sharjah, in particular, and the Federal Republic of Russia, and open ...

Bloomberg South Korea’s Foreign Minister Kang Kyung-wha said Japan should take faster measures to lift export curbs on key semiconductor components. Japan should carry out “more visible and sincere steps” to remove the restrictions of such shipments to South Korea, Kang told her Japanese counterpart Toshimitsu Motegi at a meeting on the sidelines of the Munich Security Conference. Japan removed ...

Bloomberg Oil clinched the best weekly gain for the year on signs the worst economic impacts of lethal viral outbreak have been accounted for, easing concern about free-falling demand for crude. Futures advanced 1.2% in New York, settling above $52 for the first time this month. Investor confidence was lifted after China reassured the international community that a huge spike ...

Dubai / WAM Dubai Police, in cooperation with Etisalat, officially unveiled the first 5G-enabled smart patrol in the Middle East and North Africa region. The smart police patrol is equipped with Artificial Intelligence technologies and high-tech cameras connected directly to the Control and Command room via 5G network. Brigadier Khaled Nasser Al-Razooqi, Director of the General Department of Artificial Intelligence ...

BISHKEK / WAM Mukhammedkalyi Abylgaziev, Prime Minister of Kyrgyzstan, on Saturday received a delegation from the Global Council for Tolerance and Peace (GCTP), headed by its President, Ahmed bin Mohammed Al Jarwan. Abylgaziev welcomed the delegation members and praised the council’s message of rallying international efforts to support tolerance and peace all over the world. He also commended his country’s ...

ABU DHABI / WAM An initiative designed to support the Union of the Comoros in its efforts to safeguard its living heritage has been completed successfully with the support of the Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi. The ‘Capacity building project for the safeguarding of Comoros’ intangible cultural heritage for sustainable development’, which was carried ...

SHARJAH / WAM The Environment and Protected Areas Authority (EPAA), will on Sunday, open the Al Dhaid Wildlife Centre to consolidate vital and pioneering educational eco-tourism projects in the emirate. EPAA works to boost awareness, preserve and protect the environment, conserve biodiversity and wildlife, and promote eco-tourism in the interest of sustainable development. The innovative centre includes eight different halls ...

Dubai / wam To mark the UAE hosting of the Expo Dubai, the UAE Balloon Team will organise Expo Dubai International Hot-Air Balloon Festival from October to December as part of the 15th UAE International Hot-Air Balloon Cup. Captain Pilot Abdulaziz Nasser Alamnsory, UAE Balloon President, told a press conference that the Expo Dubai festival would be the largest ever ...