Uncategorized

Dubai Investments continue production of raw materials

DUBAI / WAM Dubai Investments said it will continue ongoing production of raw materials across its industrial manufacturing subsidiaries in steel, aluminium, glass and other building materials. The company said in a statement that it is committed to contributing to the UAE economy through this vital sector, which is “a crucial industry that is used as a means to achieve ...

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EPAA to set up coral nursery project for Sir Bu Nair island

SHARJAH / WAM Sharjah’s Environment and Protected Areas Authority (EPAA) is to collaborate with the Emirates Marine Environment Group (EMEG) to establish a large-scale coral nursery off the coast of the island of Sir Bu Nair. The project, part of EPAA’s annual programme of conservation initiatives for the island, is designed to mitigate the impact of coral bleaching events that ...

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Loose measures may slow Indonesian recovery

Bloomberg Indonesia opted for less punishing social-distancing measures than its neighbours to stem the spread of the coronavirus. Now analysts are warning its economy will take much longer to recover than others in Southeast Asia. With the pandemic’s peak expected in late May, President Joko Widodo is recalibrating his strategy of large-scale social distancing rules and calling for a ramp-up ...

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Supplier of world’s nurses struggles to fight virus at home

Bloomberg The Philippines is known for training nurses and exporting them to all corners of the world, but now the nation finds itself shorthanded just as its number of coronavirus infections and deaths skyrocket. The islands’ death toll from Covid-19 has surged nearly fivefold since April 1 to 462, and the confirmed cases have tripled to 6,981 as of April ...

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Plant shutdowns leave US close to meat shortages

Bloomberg Plant shutdowns are leaving the US dangerously close to meat shortages as coronavirus outbreaks now spread to suppliers across the Americas. The first big poultry plants closed in the US and experts are warning that domestic shortages are just weeks away. Brazil, the world’s No. 1 shipper of chicken and beef, saw its first major closure with the halt ...

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Venezuela announces price controls as food shortages worsen

Bloomberg Venezuela’s government set new price controls for more than two dozen products and announced the takeover of a cooking oil producer as food shortages in the countryside lead to protests and rioting. Vice President Delcy Rodriguez said the government would also assume supervision of Empresas Polar, the national food giant and Venezuela’s largest privately held company, headed by Chief ...

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Europe beats China in electric vehicle sales, study shows

Bloomberg Europe’s five largest automotive markets edged past China in electric vehicle registrations in first quarter of 2020, as China battled the outbreak of the coronavirus and imposed shutdowns countrywide, according to a study by PwC and its strategy consulting subsidiary Strategy&. Germany, France, the UK Italy and Spain collectively registered 79,300 fully electric vehicles between January and March, narrowly ...

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Mystery grows over Kim with reports of trains, medical teams

Bloomberg Global speculation about Kim Jong-un’s health intensified over the weekend, with a flurry of tantalising — and unverified — reports about a visit by a Chinese medical team and movements of the North Korean leader’s armoured train. China sent a team including doctors and senior diplomats to advise its neighbour and longtime ally, Reuters reported, citing three people familiar ...

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84,182 GWh of electricity generated in Abu Dhabi: DoE

ABU DHABI / WAM The Abu Dhabi Department of Energy (DoE) issued the 2019 Annual Technical Report for Water, Wastewater and Electricity Sectors in Abu Dhabi, as part of its role as the regulating body, in charge of improving the technical performance of the energy sector. The aim is to enable the sector to play its critical part in driving ...

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Deal signed to link digital services with Ajman Pay

AJMAN / WAM As part of its efforts to improve its services provided to the public, Ajman Transport Authority announced that it has linked its digital services with Ajman Pay. This is an important initiative to improve the quality of services and provide multiple payment channels and options that suit various customer segments. This agreement between Ajman’s Department of Finance ...

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