ABU DHABI / WAM The joint military exercise between the UAE and US armed forces, ‘Native Fury 20’, has resumed in the UAE, reflecting the military cooperation between the two friendly countries and their close military ties. Brigadier Tariq Al Zaabi, Director of Native Fury 20, stated that the overall exercise includes a series of joint military training exercises, under ...
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Chinese vaccine approved for human testing in Wuhan
Bloomberg CanSino Biologics Inc said it received Chinese regulatory approval to start human trials of a vaccine against the novel coronavirus, another example of a potential weapon against the illness being fast-tracked for testing as the global death toll escalates and nations impose lockdowns on their citizens. The vaccine, co-developed by the Hong Kong-listed company and China’s Academy of Military ...
Read More »How China bent over backward to help Tesla when the virus hit
Bloomberg After the coronavirus outbreak caused a nationwide shortage of face masks in January, Chinese officials were quick to ensure that Tesla Inc wouldn’t be left without. China’s government helped the California-based carmaker secure the sought-after supplies that allowed it to reopen at a time when many of its competitors were still shut down. Tesla received 10,000 masks, cases of ...
Read More »EU’s door to joint debt cracks opening as Germany softens
Bloomberg Angela Merkel signalled she may be open to joint European Union (EU) debt issuance to help offset the impact of the coronavirus, an apparent softening of entrenched German opposition that could transform the finances of the 27-nation bloc. The unexpected opening from the leader of Europe’s dominant economy came after the chancellor and her EU counterparts agreed by video ...
Read More »European car sales suffer worst start to year since 2013
Bloomberg Car sales in Europe are off to their worst start to a year since 2013 and are poised to deteriorate further after automakers across the region shuttered plants to counter the coronavirus pandemic. Passenger registrations declined 7.2% in February after a similar drop in January, according to the European Automobile Manufacturers Association. Even those figures may be the best ...
Read More »Hospital workers in US make masks from office supplies
Bloomberg Hospital workers in Washington state have been making protective medical gear out of office supplies and other run-of-the-mill materials as they deal with a severe shortage of equipment needed to care for patients who may have Covid-19. Among the supplies coming in handy: clear vinyl sheets. “We are very close to being out of face shields,†said Becca Bartles, ...
Read More »China guts US press corps in Beijing with mass expulsions
Bloomberg China took the unprecedented step of expelling more than a dozen US journalists from three American newspapers, escalating a wider battle with the Trump administration as the coronavirus pandemic threatens to drag the global economy into a recession. China’s foreign ministry said US reporters at the New York Times, Wall Street Journal and Washington Post must hand in their ...
Read More »ZonesCorp attracts AED350mn in investments since 2020 start
Abu Dhabi / WAM ZonesCorp, the largest operator of purpose-built economic zones in the UAE, has successfully attracted over AED350 million in investments since the beginning of 2020. Spreading over an area of more than 260,000 square meters, these investments serve a variety of sectors including oilfield services, plastic and automotive. Mohamed Al Khadar Al Ahmed, Acting Director General of ...
Read More »du doubles internet speed for educational institutions for free
Dubai / WAM du, from Emirates Integrated Telecommunications Company (EITC), announced that it is extended its support of the nation’s distance learning initiative by doubling the internet speed at no additional cost for schools and universities across the country, to ensure seamless and uninterrupted connectivity during this time. Schools and universities will also benefit from double internet speed for fixed ...
Read More »Etihad Cargo boosts freighter schedule amid Covid-19 crisis
ABU DHABI / WAM Etihad Cargo, the cargo and logistics arm of the Etihad Aviation Group, announced its freighter schedule for the IATA summer season, boosting capacity to its top freighter gateways. The network will also be expanded to capacity-constrained markets that are wrestling with decreased passenger operations or temporary travel bans in light of the public health emergency caused ...
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