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Over 500 trademarks renewed in UAE in May

ABU DHABI / WAM The number of trademarks renewed in the UAE in May exceeded 500, highlighting the significant confidence in the country as a leading regional centre for major international companies. Figures issued by relevant authorities, including the Ministry of Economy, show that the trademarks renewed in May include those from major companies from around the world. The previous ...

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Fujairah oil product stocks rebound to record in June

FUJAIRAH / WAM Oil product stockpiles rebounded to a record high at the UAE’s East Coast Port of Fujairah as of June 1, led by gains in heavy fuels used in marine and power industries. The total stockpiles climbed 6.5 percent in the week ended June 1 to 30.71 million barrels, according to data released June 3 by the Fujairah ...

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Expo Centre Sharjah marks Global Exhibitions Day 2020

Sharjah / WAM The Expo Centre Sharjah on Wednesday posted on its social media platforms a video highlighting the importance of conferences and exhibitions as a vital method for humanitarian and cultural communication, on the occasion of the Global Exhibitions Day 2020, which is observed on June 3 every year. The video also highlighted the key role of conferences and ...

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Beijing bets on homegrown nuclear reactors

Bloomberg China probably won’t hit its nuclear energy target this year, but that’s unlikely to derail a broader ambition to become the planet’s chief proponent of the climate-friendly fuel by the end of the decade. In an energy mix that’ll still heavily feature coal and other fossil fuels, government researchers have said that nuclear capacity could more than double to ...

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Trump’s show of force fizzles in backlash over ‘crackdown’

Bloomberg Donald Trump faced a dwindling set of options to address nationwide unrest, after a backlash erupted over the government’s violent dispersal of peaceful protests outside the White House, plunging the president into more election-year turmoil. For Trump and his conservative backers, his photo op in front of historic St John’s Episcopal Church with Bible in hand was a show ...

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Europe renews push to slash global tariffs on medical goods

Bloomberg The European Union (EU) is pressing for a global deal to eliminate tariffs on pharmaceuticals and medical supplies in an effort to guard against the kind of supply-chain shock triggered by the coronavirus pandemic. The European Commission, the EU’s executive arm, outlined options for encouraging worldwide commerce in health-care goods in a policy paper due to be discussed by ...

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Italy’s PM to map out economic revival plan as travel ban ends

Bloomberg Prime Minister Giuseppe Conte will unveil his a plan to rebuild a battered economy on the day Italians end almost three months of lockdown and can travel freely again. The premier will outline his government’s recovery strategy in a speech, Italian media reported, and repeat an appeal to put aside the country’s political divisions. Conte, who heads an unruly ...

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Google sued for secretly amassing vast trove of user data

Bloomberg Google surreptitiously amasses billions of bits of information — every day — about internet users even if they opt out of sharing their information, three consumers alleged in a proposed class action lawsuit. “Google tracks and collects consumer browsing history and other web activity data no matter what safeguards consumers undertake to protect their data privacy,” according to the ...

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Adex, SCCI partner to help Sharjah exporters expand global business

Sharjah / WAM Abu Dhabi Exports Office (Adex) and the Sharjah Chamber of Commerce and Industry (SCCI) are partnering together on a strategic initiative to help boost exports from one of the leading manufacturing hubs in the region that provides a significant contribution to the UAE’s GDP. Adex, the UAE-wide export financing entity founded by Abu Dhabi Fund for Development ...

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Adnoc Distribution opens 16 new sites so far in 2020

ABU DHABI / WAM Adnoc Distribution has opened 16 new sites around the country so far this year, including five ‘Adnoc On the go’ neighbourhood stations in Abu Dhabi and five ‘traditional’ stations in Dubai. The UAE’s leading fuel and convenience retailer said the network expansion aims to “bringing everyday essentials closer to its customers.” In a statement on Tuesday ...

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