New York / WAM The UAE has called on global parliamentary representatives to make access to education for all a priority, given its positive contributions towards social and economic prosperity of states. Partaking in the annual Inter-Parliamentary Union’s hearing, Education as a Key to Peace and Sustainable Development: Toward the Implementation of SDG 4,’ members of the UAE’s Parliamentary Division ...
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Dubai Aerospace Enterprise posts $413.6m profit for 2019
DUBAI / WAM Dubai Aerospace Enterprise (DAE) reported its financial results for full year 2019 on Wednesday, announcing a total revenue of $1,421.3 million and profit of $413.6 million. The company has $2,404 million liquidity available . HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of DAE, commented, “The growth of DAE in the last few years has boosted the ...
Read More »Smart donation service at Dubai mosques launched
DUBAI / WAM The Islamic Affairs and Charitable Activities Department (IACAD) in Dubai recently launched a smart donation service at the Dubai mosques, which allows users to donate money by scanning QR codes through their phones, thus replacing traditional methods and procedures of donation. This is in line with the IACAD’s commitment to Article 9 of the 50-Year-Charter, and its ...
Read More »Tractor protests leave Sanchez facing first bout of unrest
Bloomberg For Luis Sancha, who grows olives and cereals in the countryside near Madrid, a family tradition could soon die out because his son thinks the family farm may be doomed and doesn’t want to take it on. “We got as far as the third generation but the fourth will be lost,†Sancha, 61, said in an interview outside the ...
Read More »Twitter acquires startup founded by FB veterans
Bloomberg Twitter Inc is acquiring Chroma Labs, a seven-person startup that was founded by former Facebook and Instagram employees for building photo and video-editing features. Chroma Labs was launched last fall with an app that lets people edit photos and videos before sharing them on the Stories features inside other apps, like Instagram or Snap Inc’s Snapchat. The company is ...
Read More »EU leaders get ready for days of brutal infighting over budget
Bloomberg Along with the usual files and spreadsheets, the European Union (EU) leaders traveling to Brussels this week to thrash out the bloc’s long-term budget are being advised to bring an extra change of clothes. Maybe two. The extraordinary summit to nail down a seven-year spending plan is scheduled to start on Thursday. But no end time has been set ...
Read More »Amazon denies unfair advantage in Oracle challenge of JEDI deal
Bloomberg Amazon.com Inc is denying a Pentagon cloud-computing contract valued at as much as $10 billion was unfairly tailored for the e-commerce giant. In a court filing made public on February 17, Amazon countered rival Oracle Corp’s claims that bidding for the lucrative cloud deal was tainted by relationships between its employees and former Pentagon officials. Oracle is appealing a ...
Read More »UK inflation accelerates to its fastest pace in six months
Bloomberg UK inflation picked up for the first time in six months in January, tempering expectations for a Bank of England (BOE) interest-rate cut later this year. Consumer prices rose a stronger-than-forecast 1.8% in January from a year earlier, the fastest since July, the Office for National Statistics said . Core inflation picked up to 1.6%. The pound erased a ...
Read More »Microsoft takes aim at election credibility
Bloomberg Microsoft Corp tested for the first time in a live election security software that executives say will help restore the trust of voters shaken by claims of fraud, hacking and disinformation in the 2016 election. The company piloted its solution to verify results, a system called ElectionGuard, with voters in Fulton, Wisconsin, who chose candidates for state Supreme Court. ...
Read More »Trump raises doubts over India trade deal days before his visit
Bloomberg President Donald Trump cast doubts over the likelihood of an anticipated trade deal with India, just days before a scheduled visit to the South Asian power. â€Well, we can have a trade deal with India, but I’m really saving the big deal for later on,†Trump told reporters as he left the White House for a trip to California. ...
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