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UAE supports all efforts to ensure permanent solution in Palestine

CAIRO / WAM Dr. Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, has underlined the UAE’s support for all efforts aimed at finding a permanent and comprehensive solution to the Palestinian cause, underscoring the importance of prioritising reason and addressing current developments wisely. He called for direct negotiations between the Palestinians and Israelis, noting that dialogue is an ...

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Dubai region’s first to host Kauffman Fellowship Summit

DUBAI / WAM Dubai will become the first city in the Middle East and North African (Mena), to host Kauffmann Fellows Summit, announced the Dubai Future Foundation on Sunday. The globally renowned non-profit fellowship programme will take place from February 9-12, as the Emirate of Dubai fortifies its reputation for convening the world’s top talent to power a knowledge-based economy. ...

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Abu Dhabi to scatter1m native wild plant seeds

ABU DHABI / WAM More than one million seeds of native wild plant species will be scattered across Abu Dhabi by the Environment Agency – Abu Dhabi (EAD) across four different locations. The move comes as part of the EAD’s aim to rehabilitate natural habitats, support seed stock in different types of soils and enhance the plant cover of selected ...

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First coronavirus death outside China reported in Philippines

Bloomberg A 44-year-old Chinese male from Wuhan died in the Philippines on February 1 from the novel coronavirus, the first death recorded outside of China, the World Health Organization (WHO) said on Sunday. The man arrived in the Philippines on January 21 accompanying the country’s first confirmed case, a 38-year-old woman, after they had travelled from Wuhan via Hong Kong, ...

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Samsung profit slides 38% with memory-chip slump

Bloomberg Samsung Electronics Co reported a 38% decline in profit due to falling memory chip prices, a warning sign for the global technology industry as it navigates trade tensions and the coronavirus outbreak. Net income tumbled to 5.23 trillion won ($4.4 billion) for the three months ended in December, compared with the 5.31 trillion won average of projections. The miss ...

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US criticises UN agencies for Taiwan exclusion amid virus

Bloomberg US politicians, including Senators Mitt Romney and Cory Gardner, criticised international organisations for excluding Taiwan amid a global effort to curb the spread of the deadly coronavirus. China has placed pressure on the World Health Organization (WHO), International Civil Aviation Organization (ICAO) and International Criminal Police Organization to exclude Taiwan from discussions, Romney said, echoing calls for immediate inclusion ...

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Brexit hangover kicks in for EU leaders debating budget gap

Bloomberg Twelve hours after the UK formally left the European Union, the bloc’s poorer members gathered in an old Franciscan convent in southern Portugal to rally against a looming budgetary shortfall that’s partly due to the loss of British contributions. Brexit is deepening the rift between richer and poorer EU states as they clash on the bloc’s trillion-euro ($1.1 trillion) ...

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Twitter suspends Zero Hedge permanently

Bloomberg The libertarian financial website Zero Hedge was permanently suspended from Twitter after it published an article questioning the involvement of a Chinese scientist in the outbreak of the deadly novel coronavirus. On its website, Zero Hedge’s pseudonymous author “Tyler Durden” said he received a notification from Twitter that he had violated “our rules against abuse and harassment.” Earlier, BuzzFeed ...

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New IBM CEO is mastermind behind cloud strategy for growth

Bloomberg In July of 2017, International Business Machines Corp executive Arvind Krishna walked into a routine meeting with senior leaders and delivered a surprise pitch that changed the course of the iconic 108-year-old company’s future. For months Krishna, the head of IBM’s cloud computing division, had been thinking about a way to connect clients’ most important data, which was often ...

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DP World, China firm to explore setting up logistics hub in Dubai

DUBAI / Emirates Business Leading trade enabler, DP World, UAE Region and Zhejiang Zhidi Holding Ltd. (ZZH or Zhidi Company) of China will jointly explore the establishment of a sophisticated next-generation logistics hub to meet the rising demand for conventional and e-commerce services in Dubai. The memorandum of understanding (MoU) signed between the two sides states that the intent is ...

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