DUBAI / WAM AS World Group – in its capacity as Authorised Ticket Reseller for Expo 2020 Dubai – organised a global roadshow at the 33rd Ordinary Session of the African Union Summit held in Addis Ababa, Ethiopia, to promote the upcoming World Expo to all 54 member countries of the African Union. AS World Group launched special Expo 2020 ...
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UK must agree to common rules to get deal, warns EU
Bloomberg The UK will need to go further than Canada in its commitments to the European Union (EU) if it wants to trade without tariffs and quotas, European Commission President Ursula von der Leyen warned, further raising the temperature with Britain before negotiations on the future relationship even start. In a direct, personal response to the speech by Prime Minister ...
Read More »Amazon seeks to question Trump in suit challenging bid loss
Bloomberg Amazon.com Inc has asked the US Court of Federal Claims to allow it to question President Donald Trump in its lawsuit challenging the loss of a highly lucrative cloud contract. In a court filing made public, Amazon asks to question Trump and top Pentagon leaders about their role in the Pentagon’s Joint Enterprise Defense Infrastructure (JEDI) cloud contract that ...
Read More »Delhi defeat marks a third state election loss for Modi
Bloomberg Prime minister Narendra Modi’s federal ruling party conceded defeat in a hard-fought state election for control of India’s capital Delhi, the most significant test of his popularity after his religion-based citizenship law led to widespread protests across the country. The incumbent Aam Aadmi Party (AAP), led-by chief minister Arvind Kejriwal, was set to retain power as it swept ahead ...
Read More »Hacking charges by US show China deal’s unfinished part
Bloomberg The Trump administration’s indictment of Chinese military personnel over one of the biggest data thefts in US history highlights a key source of animosity remaining between the two sides after their “phase one†trade deal. The US Department of Justice announced the charges against four People’s Liberation Army members over a 2017 hack of credit reporting agency Equifax Inc, ...
Read More »Singapore braces for 30% tourism drop
Bloomberg Singapore could see a 25% to 30% decline in tourist arrivals and spending this year because of the coronavirus outbreak, as the industry braces for a worse impact than the 2003 Sars pandemic, the city’s tourism chief said. The city-state is losing about 18,000 to 20,000 tourists a day, and the figures could plummet further if the situation persists ...
Read More »China’s silent factories fuel workers’ fears of virus
Bloomberg Janey Zhang, the owner of an umbrella factory in China’s east coast city of Shangyu, spends her days watching the news for coronavirus updates and fielding calls from cash-strapped employees asking when they can go back to work. “I don’t know,†says Zhang, whose Zhejiang Xingbao Umbrella Co employs about 200 workers. “We await government instructions. If it’s just ...
Read More »Mohammed, Saif attend ‘UAE Swat challenge’ 2020 in Dubai
DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, on Monday attended the UAE SWAT Challenge 2020. The challenge was organised by the Ministry of Interior, in ...
Read More »Ma’an opens new social innovation space at Yas Mall
ABU DHABI / WAM ‘The Exchange’, a new social innovation space at Yas Mall, by the Authority of Social Contribution (Ma’an), was opened to the public on Monday revealing a packed programme of international speakers, CSR and university workshops as well as family-friendly activities for the community. Dr. Mugheer Al Khalil, Chairman of the Department of Community Development – Abu ...
Read More »Air Arabia posts record AED1b net profit in 2019
SHARJAH / WAM Air Arabia announced its financial results for the full year ending 31st December 2019, reflecting a record year of profitability and continued growth. Air Arabia also reported in a press statement a track record net profit of AED1 billion ($272m) for 2019, an increase of 80 percent compared to the net profit registered in 2018 (Excluding the ...
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