News

  DUBAI / WAM The 10th edition of Gisec Global, kicked off at Dubai World Trade Centre (DWTC) with industry leaders uniting to uncover the latest in global cybersecurity trends and discussing ever increasing digital challenges. Delivering the keynote speech on the first day of the three-day show, Mohammed Hamad Al-Kuwaiti, Head of Cyber Security for the Government of the ...

  DUBAI / WAM Expo 2020 Dubai visitors are saying #ThanksToExpo, with visit numbers soaring to 20,819,155, after crossing the 20-million threshold earlier this week. From Expo 2020 Dubai’s crown jewel, Al Wasl dome, to water feature Surreal, the stellar entertainment line-up and fascinating pavilions of the 192 participating countries, visitors have been moved by how the largest global gathering ...

  Dubai / Gulf Time flydubai announced on Tuesday that it will operate flights to select destinations from Dubai World Central (DWC) in order to provide more travel options to passengers during the northern runway refurbishment project announced by Dubai Airports. The rehabilitation project is scheduled to take place from May 9 to June 22. flydubai will operate flights to ...

  ABU DHABI / WAM Frederick Kempe, President and CEO of the Atlantic Council, a nonpartisan organisation based in Washington, said the UAE has successfully attained a prominent stature in the global energy scene, due to its economic policy based on creating a balance between adopting environmental standards to address climate change and leveraging various energy sources. In his statement ...

  ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD) participated in the inauguration of five colleges in Jordan, which were built with an ADFD funding of AED80.3 million. The initiative is part of the Jordanian Public Universities Development Programme that includes the implementation of 27 projects in the education sector at a total value of AED466 million to ...

  DUBAI / WAM Sudan celebrated its National Day at Expo 2020 Dubai through showcasing its rich culture, innovative solutions to global challenges and the opportunities presented to young people to build a promising future. Following the flag-raising ceremonies of both nations, Noura bint Mohammed Al Kaabi, Minister of Culture and Youth, welcomed Dr. Graham Abdelgadir, Sudan’s Minister of Culture ...

Bloomberg The UK Chancellor of the Exchequer Rishi Sunak was handed a major boost before Wednesday’s Spring Statement, as data showed the budget deficit was running 26 billion pounds ($34 billion) below official forecasts in the first 11 months of the fiscal year. The undershoot, which may rise even further when full-year figures are published next month, gives Sunak some ...

  Bloomberg Spain will announce a series of tax breaks later this month to mitigate the economic consequences of the war in Ukraine, Prime Minister Pedro Sanchez said. “The main message is that the government is going to do everything in its power to cushion the consequences of the war,” Sanchez said in an interview with La Sexta television channel. ...

  Bloomberg Swiss watch exports jumped 25% in February as US buyers kept driving a post-pandemic rebound in demand for pricey timepieces. The US remained the top market with a 15% share while China accounted for almost 12% of the nearly 2 billion francs ($2.1 billion) in total monthly exports, the Federation of the Swiss Watch Industry said. American consumers ...

  Bloomberg BMW AG said operating returns for its automotive business will remain robust this year, even as the war in Ukraine and a global semiconductor shortage weigh on production. The company lowered its estimate for automaking returns to between 7% and 9% for 2022, noting that the target range would have been 8% to 10% were it not for ...