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Ministry provides over 1m doses of Covid-19 vaccine

Abu Dhabi / WAM In line with the plan of the Ministry of Health and Prevention (MoHAP) to provide the coronavirus (Covid-19) vaccine to all residents and help them acquire the required immunity, reduce the rate of infection, and contain the spread of the virus, the ministry on Sunday announced that it has bypassed the milestone of one million doses ...

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Nakheel Malls embarks on data transformation journey

DUBAI / WAM Nakheel Malls, the retail arm of master developer Nakheel, has launched its data transformation initiative as part of a customer-centric strategy to benefit retailers and customers across Nakheel Malls’ assets. Using machine-learning algorithms and artificial intelligence-enabled data products, the fully governed, advanced platform provides key insights to more than 3,000 tenants by studying retail habits, purchases and ...

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UAE a key economic partner of South Korea: Kita chairman

ABU DHABI / WAM Kim Young-ju, Chairman of the Korea International Trade Association (Kita), stated that the UAE and South Korea have had solid bilateral relations since the start of their diplomatic ties in the early 1980s, adding that the two friendly countries established a strategic partnership in 2018 during the official visit of Moon Jae-in, President of South Korea, ...

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Dubai South welcomed 650 new companies in 2020

DUBAI / WAM Dubai South announced that its Business Park succeeded in attracting 650 new companies as well as leasing of 945,488 square feet of space in 2020 despite the challenging times. In light of the impact of Covid-19 on the business landscape last year, Dubai South realigned its offerings and rolled out an array of stimulus packages to support ...

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Plane crash adds to aviation disasters’ list in Indonesia

Bloomberg The crash of Sriwijaya Air Flight 182 is another blight on Indonesia’s already poor aviation safety record. The country has had several incidents linked to safety issues in the past, including poor maintenance, pilot training, communications or mechanical failures and air-traffic control problems. It’s the worst place in Asia to take an airplane, with 104 accidents and 2,353 related ...

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S’pore to legislate on contact-trace data use

Bloomberg Singapore’s government plans to create urgent legislation to formalise the use of virus contact-tracing data in investigations of serious crimes. Legislation will be introduced in the next sitting of parliament in February to limit the use of the data to probes of seven categories of serious crimes, the Smart Nation and Digital Government Office said in a statement. Those ...

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Didi fined in Beijing for virus control violations

Bloomberg An online car hailing platform of DiDi Chuxing was fined 340,000 yuan ($53,000) for failing to implement the government’s requirements on coronavirus prevention, the Beijing Municipal Commission of Transport said at a briefing on Sunday. Didi’s drivers were fined a combined 1.07 million yuan for failing to sterilise cars, wear masks or failing to refuse passengers with no masks, ...

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Demand for Chinese goods creates container shortage

Bloomberg Global demand for Chinese goods has been so strong recently it’s creating a shortage of containers and driving up shipping costs, potentially impeding the nation’s exports in coming months. Exports have been on a tear since July last year, fuelled by pandemic-related purchases like medical masks and work-at-home equipment, including computers. Imports haven’t been growing at nearly the same ...

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Vedanta launches offer for 10% of India unit

Bloomberg Vedanta Resources launched an open offer for a 10% stake in its India unit, two months after a failed delisting attempt for Vedanta Ltd. The London-based parent of Mumbai-listed Vedanta Ltd will buy as many as 371.75 million shares, comprising 10% of the outstanding equity of the Indian unit, according to an exchange filing. The open offer, which will ...

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