Admin

Smart Health Track project launched

Abu Dhabi / WAM The Ministry of Health and Prevention (MOHAP), announced the launch of ‘Smart Health Track’, a new smart services initiative in collaboration with the General Directorate of Residency and Foreigners Affairs- Dubai (GDRFA). Smart Gates at Dubai Airports will be equipped with thermal cameras capable of detecting passengers’ body temperature by scanning their face and body thermal print. Data ...

Read More »

Jafza unveils plans to increase FDI in healthcare sector

Dubai / WAM Jebel Ali Free Zone (Jafza), affiliated with DP World UAE Region – participated at Arab Health 2019, where it highlighted prospects for global healthcare majors in the region. The free zone is home to more than 160 healthcare and pharmaceutical companies from over 38 countries and accounted for over 30 percent of Dubai’s total trade value for ...

Read More »

Bolton hints Trump may send troops to Maduro’s neighbour

Bloomberg Venezuelan leader Nicolas Maduro may wonder whether President Donald Trump is trying to rattle him. On Monday, White House National Security Adviser John Bolton entered a press briefing on new Venezuela sanctions with a yellow legal pad, accidentally — or not —turned to face gathered reporters and photographers. On the pad appeared a hand-written note: “Afghanistan —welcome the talks. ...

Read More »

US stocks mixed ahead of China trade talks; oil gains

Bloomberg US equities were mixed following gains in Europe as investors weighed the latest corporate earnings and the chances of a trade breakthrough between the world’s biggest economies. Industrial companies led advances as 3M Co struck an optimistic tone after reporting a profit that beat estimates, while technology stocks dragged on major US indexes. Almost all sectors climbed in the ...

Read More »

Indian stocks swing as financial strength of companies in focus

Bloomberg Indian stocks fluctuated as investor concerns over the financial vulnerability of local companies emerged ahead of the federal budget this week. Shares in major Asian markets were in the red after their US counterparts retreated on signs of slowing global growth. The S&P BSE Sensex fell 0.2 percent to 35,592.50 at the close in Mumbai after swinging between gains ...

Read More »

Creditors prowl Caribbean for ‘Venezuela oil’

Bloomberg Laden with 400,000 barrels of Venezuelan oil, the Icaro sits in the azure waters of the Caribbean just off the Dutch island of Curacao. It’s been there more than a month, and it’s not going anywhere until state-owned oil company PDVSA pays its bills. The Icaro has become an unlikely but telling symbol of Venezuela’s woes. And it shows ...

Read More »

Adani Gas surges after India top court victory

Bloomberg Adani Gas Ltd surged the most in nearly two months after India’s top court nullified orders restricting its network expansion. Shares jumped as much as 6.8 percent to 94.55 rupees, the biggest intraday gain since December 5, before paring its advance to 3.4 percent in Mumbai. The benchmark NSE Nifty 50 index was little changed. A two-judge Supreme Court ...

Read More »

Apple partners shift from China over trade tensions

Bloomberg Apple Inc.’s main assemblers are shifting more output to India and Southeast Asia as trade tensions threaten to escalate costs in their longstanding production base of China. Hon Hai Precision Industry Co, known also as Foxconn, said over the weekend it’s investing more than $200 million in India and Vietnam. Smaller rival Pegatron Corp. said it’s moved to Indonesia ...

Read More »

Indian millers seek higher sugar price to clear $2.7bn dues

Bloomberg Sugar millers in India are urging the government to increase the benchmark price of the commodity to help them pay off about $2.7 billion they owe to farmers, according to a person familiar with the matter. The Indian Sugar Mills Association sent a letter to the government asking for the minimum selling price to be raised to 35-36 rupees ...

Read More »

Allianz progresses in talks for Malaysian car insurer

Bloomberg Allianz Malaysia Bhd has been chosen to progress in talks to acquire Malaysia’s second-biggest car insurer after edging out Japanese rival Mitsui Sumitomo Insurance Co, people with knowledge of the matter said. AmGeneral Insurance Bhd’s owners have decided to enter detailed discussions with Allianz on a potential deal, according to the people, who asked not to be identified because ...

Read More »
Send this to a friend