DUBAI / WAM Dubai Trade DP World, UAE region’s single window platform for cross-border trade has announced the launch of Zadi, a unified food import platform aimed at facilitating the import and re-export of food shipments throughout Dubai ports. The first-of-its-kind platform in the Middle East is part of Dubai Trade’s plan to be the leading integrated platform in all ...
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India bans import of $47 billion defense items in buy-local push
Bloomberg India will stop importing more than 100 items used by its armed forces in a bid to boost local manufacturing. The ban will be implemented gradually, starting with products like sniper rifles and light-combat helicopters in December 2020 and long range land-attack cruise missiles in December 2025, the Ministry of Defense said in a statement on Sunday. Similar items ...
Read More »UAE to launch navigation satellite next year
AL AIN / WAM The United Arab Emirates will launch a navigation satellite next year aimed at demonstrating the country’s technological capabilities, a top official told Emirates News Agency (WAM). “The first satellite will be launched in 2021 and the second — a technologically enhanced one — the following year,” said Dr Khaled Al Hashmi, Director of the National Space ...
Read More »Ajman DED opens economic activities for Riyada staff
Ajman / WAM Ajman’s Department of Economic Development (DED) announced the opening of all economic activities for those wishing to register for the Reyada Programme for working from home. The Reyada Programme is the first of its kind in Ajman, targeting Emiratis residing in the emirate and enables them to work from home, noting that the number of members registered ...
Read More »Emirates ramps up services to Pakistan
Dubai / WAM Emirates has announced it will increase its passenger services to/from Pakistan starting August 10, offering customers enhanced connectivity to over 70 destinations within its current network, via Dubai. The Dubai-based airline is set to ramp up its flight frequency to/from Karachi, Islamabad, Lahore, and Sialkot; and resume passenger services to Peshawar — providing customers worldwide with greater ...
Read More »Trump orders extended jobless benefits, payroll tax deferral
Bloomberg President Donald Trump announced four executive actions on Saturday, including continued expanded unemployment benefits and a temporary payroll tax deferral for some workers, as the coronavirus pandemic continues to hobble the US economy. Trump also ordered continued eviction protection and student-loan relief. The moves could jeopardise negotiations with congressional Democrats over an additional coronavirus relief package, with the two ...
Read More »Mexico’s tourism website in a daze due to strange translations
Bloomberg The sometimes literal nature of automated translation programs has tripped up plenty of tourists — or in the case of Mexico, its entire tourism board. Operators of the Visitmexico.com website were left red-faced when the English version of the tourism information portal suddenly sprouted a series of comic or literal translations. Confusion escalated to the point where Mexico’s government ...
Read More »Florida luxury train cuts ties with Branson
Bloomberg Florida luxury train operator Brightline is dropping plans to rebrand as Virgin Trains USA and ending its relationship with Richard Branson’s Virgin Enterprises. The company had entered into a branding deal with Virgin in advance of a planned initial public offering, which was scrapped indefinitely on pricing day in February 2019. At the time, the companies touted synergies between ...
Read More »Pandemic puts millions of Europeans on path to a debt crisis
Bloomberg More economic upheaval is on the horizon in Europe as plans to end the unprecedented support for workers during the coronavirus pandemic threaten to tip millions of households into a debt trap. Organisations that help individuals sort out their financial problems are warning of a sharp increase in the number of families burdened by bills they can’t pay. Even ...
Read More »UAE aid plane carrying 40 tonnes of relief material arrives in Beirut
Abu Dhabi / WAM A UAE plane carrying 40 metric tonnes of critical medical and food supplies as well as nutritional supplements for kids has arrived in Beirut in support of the victims of the massive explosion that rocked the Lebanese capital on Tuesday. The urgent humanitarian aid comes in implementation of the directives of the His Highness Sheikh Mohamed ...
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