News

WTO warns Britain faces difficult shift to EU’s rules post-Brexit

Bloomberg The head of the World Trade Organization (WTO) said the UK risks trade disruption in the event of a no-deal Brexit because it is “very unlikely” to have agreed tariffs and quotas with the other WTO members in time. “The moment that other countries begin to sense an opportunity to increase their market share or increase a quota here ...

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Papa John’s soars after hiring BofA, Lazard

Bloomberg Papa John’s International Inc. jumped after a report the struggling pizza chain has hired Bank of America Corp. and Lazard Ltd. to help find ways to stabilise its operations. The company, which saw sales sink last month after founder John Schnatter resigned as chairman over the use of a racial slur, rose as much as 5.5 percent following the ...

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Airbnb sues New York City to block user-data bill over privacy

Bloomberg Home-rental providers Airbnb Inc. and HomeAway are suing New York City over a recently passed law that allows the collection of data on the websites’ hosts, claiming the ordinance violates users’ constitutional rights. Airbnb is hoping to avoid millions in losses when the law, designed to police short-term home rentals, takes effect this winter. The New York City legislation, ...

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Gulf Air receives first A320neo

Bahrain/ Emirates Business Gulf Air, the flag carrier of the Kingdom of Bahrain, took delivery of its first A320neo. The aircraft, powered by CFM LEAP-1A engines, made its maiden journey from Toulouse to Bahrain, landing at the Bahrain International Airport at 16:00 local time. The aircraft is the first of the 29 A320neo Family aircraft ordered during the 2016 Bahrain ...

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Arab coalition: Saudi intercepts, destroys Houthi ballistic missile

RIYADH / WAM Saudi Arabia’s Royal Air Defence Forces intercepted a ballistic missile launched by Iranian-backed Houthi militias towards the Kingdom, said the Arab Coalition Command in a statement. No injuries or casualties were reported. Colonel Turki Al Malki, the Arab Coalition official spokesman, said that at 21:25 on Friday, the Coalition Air Defence detected the launch of a ballistic ...

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Ibtikari initiative aims to help Emiratis advance tech start-ups

ABU DHABI / WAM The Khalifa Fund for Enterprise Development has issued a final call for applications for the fourth edition of “Ibtikari” (My Innovation), an intensive six-month incubator aimed at helping Emiratis advance their technology start-ups. The deadline to apply is August 31. This year’s updated version of “Ibtikari” is a result of a new partnership between the Khalifa ...

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Foundation laid for UAE mission in Kazakh capital

ASTANA / WAM Dr Mohammed Ahmed bin Sultan Al Jaber, UAE Ambassador to the Republic of Kazakhstan, has participated in laying the foundation stone of the UAE mission compound in Astana, in the presence of the mission staff and military attaché and the contractors. The new compound is an extension of the distinguished relations of friendship between the UAE and ...

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Plan to ensure smooth traffic flow during Eid holiday

DUBAI / WAM The Events Security Committee at Roads & Transport Authority (RTA) and Dubai Police has chalked out a plan for the traffic movement, and road security of the public celebrating Eid Al Adha holiday. Brigadier Expert Khalil Obaid Al Bishri, Acting Director of the General Department of Organization Protective Security and Emergency cum deputy Head of Events Security ...

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UAE delegation discusses future food security on Australia visit

DUBAI / WAM Mariam Hareb Almheiri, Minister of State for Food Security, concluded her trip to Queensland and New South Wales, Australia, by meeting with high-level federal government officials and visiting innovative private sector food production facilities to discuss important issues relating to future food security. Alongside, Dr Obaid Al Hayeri Salem Al Katbi, UAE Ambassador to Australia, and representatives ...

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UAE a key player in promoting global humanitarian work

ABU DHABI / WAM HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC) has affirmed that the UAE, under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, is moving forward in enhancing its approach to supporting international humanitarian principles via numerous development initiatives and ...

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