DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, on Tuesday announced during the second Dubai Council’s meeting, that a new district under the name of ‘Dubai Future District’ dedicated to the new economy will take shape in Dubai. The Dubai Future District will see Dubai World ...
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Nuclear energy to complement UAE’s clean energy transition
ABU DHABI / WAM The Emirates Nuclear Energy Corporation (ENEC) has participated in the ongoing World Future Energy Summit, part of Abu Dhabi Sustainability Week 2020, to showcase the impactful role that nuclear energy will play in sustainably powering the growth of the country, in line with the UAE Energy Strategy 2050. The Strategy includes a reduction in carbon dioxide ...
Read More »Sharjah’s IGCF 2020 to focus on 4 communication pillars
SHARJAH / WAM The pathway to adopting a broader approach to defining and curating content and debating the strategic role of communication in an age of radical technology disruption will be among the key discussion topics at the ninth edition of the International Government Communication Forum (IGCF). The region’s leading forum on government communication – scheduled to open in March ...
Read More »UAE Minister of Culture meets Japan’s first lady
Abu Dhabi / WAM Noura bint Mohammed Al Kaabi, Minister of Culture and Knowledge Development, has received Akie Abe, wife of the Prime Minister of Japan, at the headquarters of the Ministry of Culture and Knowledge Development, who paid a visit to learn about the UAE’s efforts to promote its culture and values. Al Kaabi briefed Abe on the UAE’s ...
Read More »Libya civil war ceasefire talks in Russia fall apart
Bloomberg Talks to end Libya’s civil war broke down after the commander leading the assault on the capital, Tripoli, rejected a proposed truce agreement, throwing open the door to a possible renewal of fighting and deeper foreign intervention. It wasn’t clear what military leader Khalifa Haftar objected to, but his rival, Libya’s United Nations-recognised prime minister Fayez al-Sarraj, had demanded ...
Read More »Xi strikes optimistic tone after riding out trade war with US
Bloomberg With China on the verge of signing a deal with Donald Trump to defuse a nearly two-year trade war, Xi Jinping is exuding confidence. After he warned last year about threats to Communist Party rule and “changes unseen in 100 years,†Xi began 2020 touting “extraordinary Chinese splendour and Chinese strength.†“In the face of severe and complex domestic ...
Read More »India opens antitrust probe into Amazon, Walmart’s Flipkart
Bloomberg India’s Competition Commission has opened an antitrust probe into Amazon.com Inc and Walmart Inc’s Flipkart Online Services Pvt, over exclusive arrangements between the retailers and mobile phone brands and preferential treatment given to some sellers. A complaint by a New Delhi-based traders’ body cited “instances of several vertical agreements between Flipkart with their preferred sellers on the platform†and ...
Read More »Indonesia cuts crude imports by top refiner
Bloomberg Indonesia ordered its top refiner to limit the purchase of crude oil from overseas this year as the former OPEC member seeks to source more fuel locally to tackle a persistent current account deficit. The energy and mineral resources ministry issued PT Pertamina with a permit to import only 50 million barrels of crude this year, below the 80 ...
Read More »Renault alliance is here to stay, Nissan says
Bloomberg Nissan Motor Co said it is in no way considering the dissolution of its alliance with Renault SA, which was shaken even further by the dramatic escape of former chairman Carlos Ghosn from trial in Japan. “The alliance is the source of Nissan’s competitiveness,†the Yokohama-based company said in a statement on Tuesday, pushing back against reports that its ...
Read More »Johnson hints he won’t ban Huawei from 5G networks
Bloomberg Boris Johnson suggested his government may be ready to allow Huawei Technologies Co to supply at least some equipment for its 5G broadband networks even in the face of strong pressure for a ban from the US. “The British public deserve to have access to the best possible technology,†Johnson said when asked about Huawei in a BBC TV ...
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