News

Bloomberg The Indonesian island of Bali will remain closed to foreign visitors for the rest of 2020 after authorities postponed a plan to welcome back international tourists from September 11 as the coronavirus continues to spread. “The Indonesian government couldn’t reopen its doors to foreign travellers until the end of 2020 as we remain a red zone,” Bali Governor Wayan ...

Bloomberg Nintendo Co added another $3 billion in market value in Tokyo on Monday with retail investors on the Robinhood app cited as helping to further boost the game maker’s popularity. Nintendo has been one the strongest-performing blue-chip stocks in Japan this year, as the pandemic, together with the release of its smash-hit Animal Crossing: New Horizons game, helped boost ...

Bloomberg TikTok plans to file a lawsuit against the Trump administration on Monday to challenge its executive order banning transactions with the video app in the US, the company said. TikTok said it “strongly disagreed” with the concerns raised by President Donald Trump as he ordered on August 6 to ban the app from the US within 45 days. He ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced on Sunday that it conducted 71,216 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...

DUBAI / WAM “Food and water security are among the priorities of the UAE government for the post-coronavirus (Covid-19) period, and the objective is to launch specialist initiatives that will ensure our readiness to confront all types of crises,” according to His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of ...

Abu Dhabi / WAM Sandooq Al Watan, the national initiative launched by prominent Emirati businessmen to support research projects in the post-oil era, announced on Sunday that they have signed sponsored research agreements with the University of Sharjah to collaborate on a variety of scientific research projects. This follows the University of Sharjah winning grants for two research projects to ...

Abu Dhabi / WAM The Abu Dhabi Judicial Department (ADJD) announced that it launched a digital money order system for the disbursement of amounts held in deposit. All the disbursement process has been automated starting from the deposit system until remittance in the beneficiaries’ accounts. This wholly electronic process was made possible by linking the ADJD systems with the servers ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced on Sunday that it conducted 71,216 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...

Abu Dhabi / WAM Waha Capital PJSC, a leading investment company in Abu Dhabi, has announced an investment of AED 184 million ($50 million) in Despegar.com, a leading NYSE-listed company in the online travel sector. An addition to its investment programme initiated in May comprising a total of up to $150m in US-listed companies, the new investment supports Waha Capital’s ...

Dubai / WAM Dubai’s International Humanitarian City (IHC) continued to send additional aid to assist the people of Lebanon by airlifting the third consignment of humanitarian supplies to the country. Two Emirates SkyCargo aircraft, chartered by Dubai’s IHC, left Dubai International Airport with the aid supplies carrying approximately 30 metric tonnes of aid, including approximately 12 tonnes of medical supplies ...