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DUBAI / WAM flydubai, the Dubai-based airline, announced a partnership with its passengers as the airline prepares to return to the skies following the lifting of the flight restrictions in the UAE. Ghaith Al Ghaith, Chief Executive Officer of flydubai, said: “The effectiveness of the response to the pandemic led by the UAE Government has enabled the flight restrictions to ...

DUBAI / WAM Nasdaq Dubai has announced that it welcomed the listing on Tuesday of a $300 million sukuk issued by Dubai Islamic Bank (DIB). The issuance was a tap on a $1 billion Sukuk that listed on Nasdaq Dubai on June 16. Dubai Islamic Bank earmarked the funds raised to support its customers and the business community as economies ...

DUBAI / WAM The Telecommunications Regulatory Authority (TRA) and the International Telecommunication Union (ITU) announced the signing of an agreement to establish an International Centre of Digital Innovation, known as I-CoDI. I-CoDI will help ITU Members, Sector Members and other key stakeholders to integrate innovation into their national development agendas and activities. The centre, to be based in Geneva, Switzerland, ...

Sharjah / WAM The Sharjah Book Authority (SBA) announced that the entirety of the 14,625 square metre exhibitor space at the Sharjah Expo Centre has been sold out, with thousands of purchases by publishers from across the world for the 2020 edition of the Sharjah International Book Fair (SIBF) which is scheduled for November. For industry professionals worldwide, SIBF is ...

Bloomberg India banned ByteDance Ltd’s viral short-video service TikTok and 58 other Chinese apps, citing threats to its sovereignty and security as relations between the world’s two largest populations worsened. The unprecedented moratorium, announced days after border tensions in the Himalayas left 20 Indian soldiers dead, deals a blow to the most prominent names in Chinese technology. The banned services ...

Bloomberg Singapore’s government has issued a correction notice to a Facebook post by a page called ‘State News Singapore,’ which is often critical of the ruling party and its leaders, contesting its description of a recent call between PM Lee Hsien Loong and Malaysia Prime Minister Muhyiddin Yassin over easing travel restrictions. The post in question says Singapore’s Lee personally ...

Bloomberg Vietnam’s economy unexpectedly grew in the second quarter, though at the slowest pace in at least a decade, as exports slumped because of the coronavirus pandemic. Gross domestic product rose 0.36% from a year earlier, compared with a revised 3.68% in the first quarter, the General Statistics Office said on Monday in Hanoi. The median estimate in a Bloomberg ...

Bloomberg Japan’s industrial production dropped again in May even as a nationwide state of emergency was lifted, showing the severity of the pandemic’s impact on the export-reliant manufacturing sector. Factory output fell 8.4% from April, the economy ministry reported on Tuesday. Production slid from the prior month for a fourth time in a row, something that hasn’t happened since 2012. ...

Bloomberg A fresh swarm of desert locusts has entered Uttar Pradesh, India’s biggest sugarcane grower, via capital city Delhi and the northern state of Haryana, according to the federal farm ministry. Operations to control the grasshoppers are in full swing in the states of Rajasthan, Madhya Pradesh, Uttar Pradesh, Haryana, Gujarat, Punjab and Maharashtra, the ministry said in a statement. ...

Bloomberg Thailand plans to allow foreign business travellers into the country for the first time since closing its borders to most international flights in March. Hong Kong, Singapore, South Korea and Japan passport holders, along with people from some Chinese provinces, may be allowed to travel to Thailand as part of proposed “business-travel bubbles” from July. The initiative seeks to ...