News

Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has embarked on the Operational Phase of the Software Asset Management Project, a key tool for leveraging asset management structures. It caters to the development of a specialist software encompassing all financial and contractual details of the RTA’s assets as well as the development of competent personnel to manage the system. ...

DUBAI / WAM Dubai SME, the agency of Dubai Economy, mandated to develop the small and medium enterprise (SME) sector and entrepreneurship continued to expand and diversify its advisory and support programmes in 2019 with an added emphasis on enhancing SME competitiveness and strengthening Dubai as a hub of innovation and entrepreneurship. The past year saw 3,871 Emirati entrepreneurs benefit ...

Dubai / WAM The United Arab Emirates has been ranked first in the GCC, Arab region, and Western Asia, and 8th globally in the Online Service Index (OSI) issued by the United Nations within the E-Government Development Index (EGDI). The UAE is also ranked 4th in Asia in this indicator, advanced one rank in the E-participation Index as well as ...

DUBAI / WAM The Emirates Mars Mission will lead to a “more competitive” Arab world economy and a stronger integration with the global society, a top Emirati official told the Emirates News Agency (WAM), as the countdown has started to the official launch. “We are actually building the capacity and capability in advanced sciences in the UAE and the region. ...

Sharjah / WAM The Sharjah Electricity and Water Authority (Sewa) has announced the completion of the connection and operation of the electricity for 135 residential buildings in the city of Sharjah within only 15 days, as part of the Authority’s commitment to ensure the best services to the people of the emirate. Dr. Rashid Al Leem, Chairman of Sewa, expressed ...

Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi’s (DCT Abu Dhabi) announced that the recently reopened Al Hosn site has launched a virtual guided tours programme for the education sector, as well as individuals and public groups, as part of the Department’s continuing response to the current circumstances. Al Hosn recently conducted its first virtual ...

Al Ain / WAM The UAE’s first respirator manufacturing facility, established in May in Al Ain with an annual output capacity of over 30 million units, has already secured orders until the end of 2020, a top executive told Emirates News Agency (WAM). “To date, we have already supplied N95 masks to those on the UAE’s frontline, including healthcare workers ...

Bloomberg The UK ruled out joining the European Union’s 2 billion-euro ($2.3 billion) coronavirus vaccine program, fuelling concern among doctors that a go-it-alone approach after Brexit risks delaying vital medical supplies. Signing up would prevent the UK from pursuing parallel negotiations with potential vaccine suppliers, the UK’s ambassador to the EU, Tim Barrow, wrote in a letter to the European ...

Bloomberg Canada reclaimed almost one million jobs of those lost to the coronavirus pandemic, a promising start to what’s expected to be an arduous recovery. Employment rose by 952,900 in June as lockdown restrictions began to ease, Statistics Canada reported on Friday, adding to the 290,000 jobs created in May. The two-month total represents just over 40% of the 3 ...

Bloomberg Silver Peak Systems Inc., a networking company backed by venture capital firms Greylock Partners and TCV, is exploring a potential sale that could value it around $1 billion, according to people familiar with the matter. The Santa Clara, California-based company is working with a financial adviser, the people said, asking not to be named because the matter is private. ...