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DUBAI / WAM The Ports, Customs and Free Zone Corporation (PCFC) in cooperation with the Dubai Maritime City Authority (DMCA) has launched a Marine Agency to oversee wooden dhow ships and regulate all their activities while they are in Dubai waters. The agency is an organisational unit managed by the PCFC and works according to regulations in coordination with the ...

Bloomberg Prime Minister Justin Trudeau is suspending Canada’s extradition treaty with Hong Kong, making it the first country to break law enforcement links with the former British colony since China tightened its control over the territory. Trudeau announced the measures at a press conference, joining allies in efforts to sanction China. Steps will include a ban on the export of ...

ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, held a video call with Nikola Dimitrov, Minister of Foreign Affairs for North Macedonia, in which they discussed a number of issues of common concern, including new avenues for cooperation and efforts to contain Covid-19. The ministers noted the friendly ties ...

Dubai / WAM UAE-Russia food trade has increased steadily in recent years due to cooperation on food security and Moscow’s efforts to diversify exports. Yet, a Dubai Chamber of Commerce and Industry webinar revealed that much potential still remains in both traditional categories and niche markets. The webinar, titled ”Russia-UAE Food Trade in the Post-Covid-19 Era”, attracted 131 participants from ...

Abu Dhabi / WAM Etihad Airways, the national airline of the UAE, in cooperation with the UAE Ministry of Foreign Affairs and International Cooperation, has transported humanitarian aid from the government of the United Arab Emirates to 54 destinations. To date, Etihad Airways operated 106 UAE humanitarian aid charters to 54 destinations and played a key role in transporting medical ...

Abu Dhabi / WAM The Sheikh Zayed Book Award (SZBA) has explored digital impact on the publishing sector during a seminar entitled ‘Building a Digital Ecosystem for Knowledge’. Moderated by Saeed Hamdan Al Tunaiji, Director of Publishing at the Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, the seminar was attended by Abdulla Majid al Ali, Executive ...

Bloomberg As Covid-19 spread across the globe this spring, flights were halted, commutes were cancelled and oil tankers floated offshore, waiting for a spike in demand. The coronavirus cut global carbon emissions more than any other event in the last century. But the pandemic-induced slowdown may ultimately hamper efforts to curb climate change. “If we end up in a deep ...

Bloomberg As Vladimir Putin surveys his resounding victory in this week’s national vote on constitutional changes that would allow him to rule until 2036, one Arctic region spoils the triumphant map. The remote Nenets Autonomous Region, an oil-rich swath of tundra about the size of Missouri that’s home to 42,000, was the only one in the official count to reject ...

Bloomberg The UK’s Competition and Markets Authority (CMA) called for sweeping new powers to roll back the dominance of Google and Facebook Inc. in the online-advertising market, a move designed to push global regulators to be more aggressive against the tech giants. The watchdog said a new regime should have the ability to respond far more quickly to digital monopolies ...

Bloomberg Bankrupt Hertz Global Holdings Inc. and its bondholders are squaring off over how to shrink its nearly half-a-million vehicle fleet. Market watchers say the outcome could upend the multi-billion dollar lease-backed ABS industry. The cars are housed in an entity linked to Hertz’s asset-backed securities and leased to the rental giant. Normally, when a company with ABS files for ...