DUBAI / WAM Dubal Holding have announced that they have signed a Memorandum of Understanding, with Electricite De France (EDF) Group, to explore possible collaboration in the development of thermal power plants, technical support services, district cooling and sustainable energy solutions in the GCC, as well as “green” and electricity business opportunities in Brazil and elsewhere. The MoU was signed ...
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Hub71 launches programme to engage corporates with startups
ABU DHABI / WAM Hub71 on Wednesday announced the rolling out of a new Corporate Engagement Programme and strategy to provide corporates with access to high growth startups transforming their sectors and enabling startups with access to major corporates as customers during the Technology Innovation Pioneers (TIP) Summit 2020 at New York University Abu Dhabi. The innovation team of the ...
Read More »Enoc to open 22 new service stations across UAE in 2020
Dubai / WAM Enoc Group on Wednesday announced its plans to open 22 new service stations across the UAE by the end of 2020; ten in Sharjah, nine in Dubai and three in the northern regions. According to a press release issued by Enoc on Wednesday, the Group plans to bolster its retail network from its existing 136 service stations ...
Read More »ERC continues to provide aid to Rohingya refugees
DHAKA / WAM The Emirates Red Crescent (ERC) has continued providing humanitarian aid to Rohingya refugees in Bangladesh, upon the directives of the UAE’s leadership and the monitoring of HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC). The aid includes the distribution of various relief materials that ...
Read More »Trump considers withdrawing from WTO’s $1.7 trillion purchasing pact
Bloomberg The US is mulling a plan to withdraw from a global pact worth $1.7 trillion in government contracts, a person familiar with the matter said, in a move that may anger close allies during a delicate moment for trade. Officials in President Donald Trump’s administration are circulating a draft executive order that would trigger a US exit from the ...
Read More »Vodafone warns capping Huawei leads to 5G delay
Bloomberg Vodafone Group Plc warned of “hugely disruptive†costs and delays to European phone network upgrades of as long as five years if other countries follow the UK and cap the market share of Huawei Technologies Co. Britain’s government said last week it will limit the Chinese equipment vendor’s share of 5G wireless and fiber optic networks at 35% and ...
Read More »Google probed over location tracking in EU
Bloomberg A Google faces one more probe in the European Union(EU) over concerns the company’s processing of user location data could violate the bloc’s tough privacy rules. Armed with the power to levy hefty fines, Ireland’s data protection commission also opened a separate investigation into Match Group Inc and the “ongoing processing of users’ personal data†on its popular dating ...
Read More »Trump set for acquittal with Dems second-guessing plan
Bloomberg President Donald Trump’s inevitable acquittal in the Senate’s impeachment trial on Wednesday has some House Democrats fretting that they should have delivered a more complete case to argue for his removal. Trump is emerging from the two-week Senate trial looking as strong as ever, barely wounded by the relentless details of his efforts to force Ukraine to investigate one ...
Read More »More than 7,000 held on two cruise ships as coronavirus spreads
Bloomberg Luxury Asian vacations turned into a form of confinement for thousands of cruise passengers when authorities in Hong Kong and Japan said they would quarantine those aboard for up to two weeks after finding coronavirus infections aboard. The developments will come as a blow to Princess Cruises, the operator of a vessel that is being quarantined off Yokohama, and ...
Read More »US Navy deploys ‘nuclear warhead’ on sub for first time
Bloomberg The Pentagon said it has deployed a new submarine-launched nuclear warhead for the first time as the Navy seeks to counter Russia’s war chest of smaller tactical nukes. The Pentagon’s confirmation follows a controversial move last week to ease restrictions on the use of land mines, which are banned by more than 160 nations. The Trump administration in recent ...
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