Abu Dhabi / WAM The UAE Space Agency has revealed that it is preparing a comprehensive strategy for investing in the UAE’s space sector, in cooperation with relevant authorities, which will be announced in October. Dr. Mohammed Nasser Al Ahbabi, Director-General of the UAE Space Agency, said that the strategy will help reinforce the contributions of the space sector to ...
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Threat of new cold war looms large in Balkan vote to end row
Bloomberg Arguments over Brexit, the rise of nationalism and how to deal with Russia are consuming Europe, but there’s one dispute that’s been edging towards a resolution — and it’s in a region where there’s much at stake for the world order. The Republic of Macedonia will hold a referendum on September 30 on changing the former Yugoslav state’s name ...
Read More »World’s largest digital ID plan gets top India court backing
Bloomberg India’s top court has refused to scrap the world’s largest biometric database, upholding the validity of the sprawling digital-identity program but imposing restrictions on its use — including preventing the government from sharing citizens’ data with private companies. Four out of five Supreme Court judges said the program is constitutionally sound for the distribution of state-sponsored welfare subsidies in ...
Read More »China to cut import tariffs on goods to lower ‘tax burden’ on consumers
Bloomberg China will cut import tariffs on goods including machinery, paper, textiles and construction materials from November 1, in a move that would lower costs for consumers and companies as a trade war with the US deepens. The decision will lower tariffs for 1,585 products, state radio reported, citing a meeting of the State Council. The combination of these and ...
Read More »Google, Facebook & Twitter agree to fight fake news in EU
Bloomberg Alphabet’s Google, Facebook Inc., Twitter Inc. and other tech and advertising companies have committed to implementing new measures and investing in new technologies to fight the spread of hoax news online in Europe, according to a draft of the agreement. The group, an ad-hoc alliance that includes Mozilla Corp. and advertising business organisations, is set to present its code ...
Read More »ECB: Trade war may boost China while hurting US growth
Bloomberg A global tariff tit-for-tat could boost China’s $12 trillion economy and hurt the US expansion, according to European Central Bank research. The conclusions challenge President Donald Trump’s assertions that trade wars are “good, and easy to win.†They also counter the argument that China has more to lose from a spat with its main trading partner because of its ...
Read More »Tesla HR chief suggested ‘promoting’ UAW advocates
Bloomberg Tesla Inc.’s human resources boss emailed with Chief Executive Officer Elon Musk about offering employees promotions that could prevent them from continuing their advocacy for unionisation. “I saw it as positive they get involved in something they were criticising,†Gaby Toledano, who joined Tesla as “chief people officer†in May 2017 testified in a National Labor Relations Board hearing ...
Read More »Abdullah meets US officials in New York
New York / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met a number of US officials participating in the 73rd session of the UN General Assembly in New York. His Highness held meetings with David Hale, Under-Secretary of State for Political Affairs; David Satterfield, Acting Assistant Secretary, Bureau of Near Eastern ...
Read More »VP meets Czech Lower House of Parliament chairman
Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, received Radek Vondracek, Chairman of the Czech Lower House of Parliament, and his accompanying delegation, on Tuesday. Sheikh Mohammed welcomed the official and wished him a successful visit that would pave the way for building up relations between ...
Read More »Dubai ranked as world’s fourth most-visited city
DUBAI / WAM Dubai has retained its ranking as the fourth most visited city in the world for the fourth straight year, according to Mastercard’s Global Destination Cities Index (GDCI), 2018. The city welcomed 15.79 million overnight visitors last year and with a projected growth rate of 5.5 percent, the emirate is expected to witness another year of steady expansion ...
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