Dubai / Emirates Business Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, on Saturday announced the agenda for its upcoming Dubai Technology Entrepreneur Campus (Dtec) Forum. Scheduled to take place virtually on Tuesday, August 18, 2020, the event will explore future opportunities for forward thinking technology start-ups in the ...
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UAE has succeeded in countering the Covid-19 outbreak, says Mohammed
Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, visited the Covid-19 Command and Control Centre located at the Mohammed bin Rashid University of Medicine and Health Sciences on Saturday. HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai; HH Sheikh Ahmed ...
Read More »Dubai’s two model public bus stations 77% complete
Dubai / WAM Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) announced that construction of the two model public bus stations at Oud Metha and Al Satwa had reached 77 per cent. He revealed that all construction works in both stations would be accomplished by the end of this ...
Read More »Covid-19: UAE reports 57, 571 total recoveries
Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) on Saturday said it carried out 77,640 additional Covid-19 tests in the country over the last 24 hours, using the latest testing methods. The ministry said in a statement that the intense testing drive uncovered 283 new cases of various nationalities, who are all in a stable condition and ...
Read More »Wind, solar double share of power
Bloomberg Wind and solar energy doubled its share of the global power mix over the last five years, moving the world closer to a path that would limit the worst effects of global warming. The sources of renewable energy made up nearly 10% of power in most parts of the world in the first half of this year, according to ...
Read More »Schneider, investors push to speed up US microgrids
Bloomberg Betting on growing demand to finance and support mini power plants, Schneider Electric SE said that it was partnering with investors to launch a new company focussed on microgrids for small and medium-sized US businesses. Investors led by Jeff Ubben’s new sustainable investment firm Inclusive Capital Partners and clean energy-focussed Huck Capital, will back the partnership. Having reliable, sustainable ...
Read More »Shale drillers retreat on stagnant oil prices
Bloomberg Shale explorers parked more drilling rigs in the US this week as stagnant oil prices push the industry to extend a historic retrenchment. The number of active oil rigs in US fields fell by 4 to 172, according to Baker Hughes data. That’s the lowest level of activity since 2005, before the shale boom kicked off. The worst may ...
Read More »President Trump orders TikTok’s Chinese parent to sell its US assets
Bloomberg President Donald Trump has ordered the Chinese owner of the popular music video app TikTok to sell its US assets, citing national security concerns and delivering the latest salvo in his standoff with Beijing. Trump’s decision came after an investigation by the Committee on Foreign Investment in the US, which reviews acquisitions of American businesses by overseas investors for ...
Read More »UK bailout talks with JLR, Tata Steel end
Bloomberg The UK government’s bailout talks with Jaguar Land Rover (JLR) and Tata Steel Ltd. recently broke off, the Financial Times reported, citing people it didn’t identify. Talks between the UK’s Treasury and the companies, both owned by Mumbai-based Tata Group, came to a halt after the government concluded the Indian multinational was sufficiently financed and didn’t qualify for taxpayer ...
Read More »Apple in-app fees hurt businesses, says Facebook
Bloomberg Facebook Inc joined a growing list of developers to publicly criticise Apple Inc over its revenue-sharing policy for in-app purchases, suggesting the iPhone maker’s fee structure is hurting small businesses during a global pandemic. The social network rolled out a paid events feature in 20 countries, offering businesses the ability to charge users for access to live video streams, ...
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