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France cuts growth forecast as new lockdown begins

Bloomberg France’s economy will rebound less than previously expected this year due to the latest four-week nationwide lockdown aimed at halting a surge in coronavirus cases. French Finance Minister Bruno Le Maire cut the country’s 2021 GDP growth forecast to 5% from 6%, following an 8.1% contraction last year. A Bloomberg survey in March showed economists were expecting the economy ...

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Johnson pushes twice-weekly Covid tests to help reopen UK

Bloomberg Everyone in England will be urged to take a coronavirus test twice a week as a new system of Covid passports is assessed for wide-scale use, under Prime Minister Boris Johnson’s plan to reopen the economy after lockdown. Free test kits will be made available through local pharmacies, community centers and home delivery services, when the new regime goes ...

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Facebook data on 533m users reemerges online for free

Bloomberg The personal data of more than half a billion Facebook Inc users reemerged online for free, a reminder of the company’s ability to collect mountains of information and its struggles to protect these sensitive assets. The leak includes personal information on 533 million Facebook users, such as phone numbers, Facebook IDs, full names, locations, birth dates, bios and in ...

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Abdullah chairs ‘Golden Jubilee Committee’ meeting

Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, chaired a meeting of the Golden Jubilee Committee attended by HH Sheikha Mariam bint Mohamed bin Zayed Al Nahyan, Deputy Chairperson of the Committee. The meeting, which was held via video conference, presented the progress made since the committee’s previous meeting ...

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Dubai Economy, Amazon partner to support start-ups in digital economy

Dubai / WAM The Business Registration and Licensing (BRL) sector in Dubai Economy and Amazon have launched a new programme to support DED Trader licence holders by providing interactive e-Learning content to help them thrive in the digital economy. The new programme is part of the cooperation between Dubai Economy and Amazon to support DED Trader licence holders interested in ...

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UAE ranked 15th globally in Kearney’s FDI confidence index

DUBAI / WAM The United Arab Emirates has ranked 15th globally in Kearney’s 2021 Foreign Direct Investment (FDI) Confidence Index, up from 19th place in 2020. The UAE business environment demonstrated continued strengths in factors most important to investors, including government incentives for investors. The country’s strong enabling environment, featuring advanced technological infrastructure and high innovation levels, is also central ...

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UAE’s special industrial zones vital incubators for innovation

Abu Dhabi / WAM The UAE is headed towards an exciting new phase of sustainable economic growth – one that is driven by an enhanced, technologically advanced and resilient industrial base. This is precisely the vision behind the recently launched comprehensive 10-year Industrial Strategy – known as Operation 300bn that aims to transform the industry into a vital enabler and ...

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Putin foe Navalny risks death in prison hunger strike, says ally

Bloomberg Russian opposition leader Alexey Navalny risks dying in prison as he continues a hunger strike to press authorities into allowing him proper medical care, an ally said. Navalny, 44, began refusing food on Wednesday to demand treatment for acute pain in his back that’s spreading to his legs, and an end to prison guards waking him each hour. He ...

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Duphat 2021 to discuss latest trends in pharma industry

Dubai / WAM The 26th edition of Dubai International Pharmaceuticals & Technologies Conference & Exhibition- Duphat, will kick off on Monday, April 5, at the Dubai World Trade Centre. The highly anticipated Duphat 2021 is expected to attract over 20,000 visitors and participants from 75 countries over the course of three-days. Organised annually by Index Conferences and Exhibitions – a ...

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Dubai to host region’s first Cybertech Global event from April 5

DUBAI / WAM Dubai is set to host the region’s first Cybertech Global event, an international exhibition and conference for the cyber industry, at the Grand Hyatt Dubai from April 5-7. The 8th edition of the largest security networking event to be held outside the United States is being hosted by the Dubai Electronic Security Centre (DESC). A total of ...

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