News

KIGALI / WAM The Dubai Chamber of Commerce and Industry recently participated in the Africa Tech Summit 2020 in Kigali, Rwanda, where the organisation launched the second cycle of its GBF Mentorship Programme, which pairs innovative UAE and African start-ups with mentors who can provide them with valuable expertise, support and guidance. More than 250 participants visited the Dubai Chamber’s ...

Abu Dhabi / WAM The Department of Health – Abu Dhabi (DoH) has announced its partnership with UK’s Great Ormond Street Hospital for Children, GOSH. The agreement positions GOSH as Abu Dhabi’s preferred provider for paediatric overseas care and opens doors for knowledge and expertise exchange while strengthening ties between both parties. The agreement was signed at the Zayed Centre ...

ABU DHABI / WAM For the fourth year in a row, the National Reference Laboratory (NRL) part of Mubadala’s network of world-class healthcare providers, delivered educational talks and workshops for laboratory professionals at this year’s edition of MEDLAB, which ran from February 3-6 at Dubai World Trade Centre. This is in line with NRL’s commitment to elevate the standards of ...

Bloomberg A giant of US telecommunications is muscling into Europe’s 5G race. Verizon Communications Inc is opening a 5G tech showroom and production studio in London, its first outside of the US, complicating the push already underway among European counterparts like Deutsche Telekom AG and Vodafone Group Plc to land business customers. The so-called lab showcases services enabled by the ...

Bloomberg Google’s decade-long antitrust fight with the European Union is set for more twists and turns this week as the internet giant battles the first in a trilogy of fines that cost the company nearly $9 billion. The EU’s General Court in Luxembourg will host a three-day hearing starting on February 12 as the Alphabet Inc unit seeks to topple ...

Bloomberg France’s central bank is expecting a punchy rebound by the economy at the start of the year after disruption by strikes and a surprise contraction at the end of 2019. The Bank of France business indicators for January show economic growth resuming the pace it set for most of 2019, until December when prolonged protests over pension reform disrupted ...

Bloomberg China warned France against treating Huawei Technologies Co differently from European competitors when it comes to future 5G network equipment contracts, as the US mounts a campaign to keep the Chinese tech giant at bay. In a lengthy statement issued on its website, the Chinese embassy in Paris urged France to establish “transparent criteria and treat all companies in ...

Bloomberg Bill and Melinda Gates, co-founders of the world’s biggest private foundation, said fighting climate change and promoting gender equality will be prominent issues in their philanthropy going forward. In a letter marking the 20th anniversary of the foundation’s inception, the couple said that climate has emerged as a key issue for the Microsoft Corp co-founder, while gender equality has ...

Bloomberg The double-whammy to palm oil demand from a trade spat with India and the coronavirus in China is likely to prove only temporary, according to FGV Holdings Bhd, one of the world’s largest producers. That’s because supplies are low this quarter, and food and fuel demand is set to stay robust over the long term, according to Chief Executive ...

Bloomberg China’s consumer prices rose the fastest in more than eight years last month, with the outbreak of the coronavirus and subsequent shutdowns of transport links across the country making further gains in the coming months likely. Consumer prices rose 5.4%, with food prices jumping the most since 2008 in January. Even before the coronavirus, prices were likely to have ...