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UAE firm secures orders for masks until 2020-end

Al Ain / WAM The UAE’s first respirator manufacturing facility, established in May in Al Ain with an annual output capacity of over 30 million units, has already secured orders until the end of 2020, a top executive told Emirates News Agency (WAM). “To date, we have already supplied N95 masks to those on the UAE’s frontline, including healthcare workers ...

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Indian firm seeks investor for $5.3b solar plan

Bloomberg India’s Energy Efficiency Services Ltd (EESL) is seeking a partner to expand its distributed solar power venture, Managing Director Saurabh Kumar said. EESL has chosen Investec Capital Services to advise on the deal and expects it to come up with a valuation for the project in three months, Kumar said. The project has 100 megawatts of operational solar generation ...

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Trump vows to sign executive order on US immigration laws

Bloomberg President Donald Trump said he would seek sweeping changes to US immigration policy through an executive order, suggesting he might create a “road to citizenship” for certain migrants brought to the country illegally as children and shift the criteria for new arrivals to a “merit-based” system. The new effort will be unveiled “over the next four weeks,” Trump said ...

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Covid-19: UK opts out of EU’s $2.3bn virus vaccine program

Bloomberg The UK ruled out joining the European Union’s 2 billion-euro ($2.3 billion) coronavirus vaccine program, fuelling concern among doctors that a go-it-alone approach after Brexit risks delaying vital medical supplies. Signing up would prevent the UK from pursuing parallel negotiations with potential vaccine suppliers, the UK’s ambassador to the EU, Tim Barrow, wrote in a letter to the European ...

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Canada adds 1m jobs, but earns only muted cheer

Bloomberg Canada reclaimed almost one million jobs of those lost to the coronavirus pandemic, a promising start to what’s expected to be an arduous recovery. Employment rose by 952,900 in June as lockdown restrictions began to ease, Statistics Canada reported on Friday, adding to the 290,000 jobs created in May. The two-month total represents just over 40% of the 3 ...

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Google to restrict ads for tracking tech, spyware

Bloomberg Alphabet Inc.’s Google is changing its policies next month to restrict advertising for spyware and other unauthorized tracking technology. The change “will prohibit the promotion of products or services that are marketed or targeted with the express purpose of tracking or monitoring another person or their activities without their authorisation,” according to the company. While ads for these products ...

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Google, Amazon, J&J join WHO to fight Covid-era smoking

Bloomberg With the World Health Organisation (WHO) warning the globe’s 1.3 billion tobacco users are at higher risk during the global Covid-19 pandemic and in need of new tools to quit, it’s calling in the big guns: Johnson & Johnson, Amazon.com Inc. and Alphabet Inc.’s Google. In a rare tie-up with the private sector, the WHO is launching with its ...

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Covid-19 crisis further solidified UAE, South Korea partnership

SEOUL / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, said that the world has been experiencing extraordinary circumstances due to the unprecedented impact of the Covid-19 global health crisis, wherein the UAE and South Korea have proven the value of their friendship and showcased what two countries with shared interests, goals, ...

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New committee to ease building permit process set up in Dubai

Dubai / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Decision No. (5) of 2020 partially amending Decision No. (3) of 2017 pertaining to the formation of Dubai’s Committee for Building Permit Procedures Development. Pursuant to the new decision, a temporary committee named ...

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DIFC Presidential Directive to end on July 31 this year

DUBAI / WAM Dubai International Financial Centre (DIFC) announced that DIFC Presidential Directive will end on July 31. On April 26, DIFC declared DIFC Presidential Directive No 4. of 2020 which addressed the pressing need for firms based in the centre to be able to access a number of emergency measures related to their workforce to ensure the stability and ...

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