Bloomberg A new privacy bill proposed by Senator Marco Rubio, which would override more restrictive state laws, is winning support from a Washington-based technology trade group that counts Alphabet Inc.’s Google, Facebook Inc. and eBay Inc. as members. The Florida Republican’s legislation would impose a national privacy standard and supersede tougher data-protection regulations that will take effect in California in ...
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DoH launches AI laboratory
ABU DHABI / WAM The Department of Health Abu Dhabi (DoH), launched its Artificial Intelligence (AI), Lab at Arab Health 2019. The AI Lab is a first-of-its-kind initiative in region, dedicated to developing healthcare solutions through emerging technologies including AI, Blockchain, genomics, predictive analytics and Internet of Medical Things, among others. Bringing together individuals, industry experts and service providers, the ...
Read More »Mohamed, Kuwait’s minister of defence discuss bilateral ties
ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received on Tuesday, Sheikh Nasser bin Sabah Al-Ahmad Al-Sabah, First Deputy Prime Minister and Minister of Defence of Kuwait. His Highness welcomed Sheikh Nasser Al-Sabah, and held discussions on the brotherly relations between the ...
Read More »ADCB net profit up 13% to AED4.84bn in 2018
ABU DHABI / WAM Abu Dhabi Commercial Bank PJSC on Tuesday reported net profit of AED4.840 billion for the fiscal year 2018, up 13% on year. The robust performance is supported by record operating income, optimal management of cost of funds and lower impairment charges, ADCB said in a press release on Tuesday. As a result of the Bank’s strong ...
Read More »UAE industry leaders emphasise regional breakbulk importance
DUBAI / Emirates Business Breakbulk Middle East, the GCC’s leading breakbulk and project cargo sector event, held a press conference on Tuesday in anticipation of the event’s fast approaching 4th annual edition. This year’s two-day conference and exhibition will be held under the patronage of HE Dr Abdullah Belhaif Al Nuaimi, the UAE Minister of Infrastructure Development and the Chairman ...
Read More »GE, Sumitomo sign Sharjah power project contract
SHARJAH / WAM GE and Japan’s Sumitomo Corporation have reached a public-private partnership milestone by signing a 25 year Power Purchase Agreement (PPA) with the Sharjah Electricity and Water Authority (Sewa), to develop, build and operate a 1.8 gigawatt (GW), combined cycle power plant in Hamriyah. Equipped with GE’s HA technology, including the world’s largest and most efficient heavy-duty gas ...
Read More »UAE, Saudi to launch common digital currency called ‘Aber’
Abu Dhabi / WAM The United Arab Emirates Central Bank (UAECB) and the Saudi Arabian Monetary Authority (Sama) on Tuesday announced in a joint statement the launch of the common digital currency project ‘Aber’, which will be used in financial settlements between the two countries through Blockchains and Distributed Ledgers technologies. This comes under the framework of ‘Proof-of-Concept’, which can ...
Read More »UAE files WTO case against Qatar over goods ban
Abu Dhabi / WAM The Government of the United Arab Emirates announced on Tuesday that it initiated World Trade Organisation (WTO), dispute-settlement proceedings against Qatar following its ban of the sale of UAE products in Qatari markets. The move comes following the Qatari Ministry of Economy’s ban on the sale of consumer goods manufactured in the UAE, Saudi Arabia, Bahrain and ...
Read More »Sharjah Executive Council approves 816 beneficiaries for housing grants
Sharjah / WAM Sharjah’s Executive Council on Tuesday approved the first list of 816 beneficiaries who could turn their housing loans into grants, at its weekly meeting chaired by HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah and Chairman of the Sharjah Executive Council. On the directives of His Highness Dr. Sheikh ...
Read More »Smart Health Track project launched
Abu Dhabi / WAM The Ministry of Health and Prevention (MOHAP), announced the launch of ‘Smart Health Track’, a new smart services initiative in collaboration with the General Directorate of Residency and Foreigners Affairs- Dubai (GDRFA). Smart Gates at Dubai Airports will be equipped with thermal cameras capable of detecting passengers’ body temperature by scanning their face and body thermal print. Data ...
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