Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has enacted the DIFC Regulatory Amendment Law, No. 06 of 2018. The Law, which amends the Regulatory Law of 2004, will come into force on October 29 and, together with changes to DFSA Anti-Money Laundering Rules, will make ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa), organised the first intensive quantum computing training programme, in cooperation with Microsoft. The programme is part of Dewa’s efforts to employ latest technologies and benefit from capabilities of modern technology. The one-week programme was held at Dewa’s Sustainable Building in Al Quoz. A number of quantum computing experts from Microsoft participated ...

Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, affirmed that Dubai, under the vision of the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, will achieve its goal to be the most-visited city in the world, through ...

Abu Dhabi / WAM The General Civil Aviation Authority conducted a workshop in blockchain to understand its importance and how it may manifest itself in the field of aviation. This workshop is designed to cohesively integrate relevant information on block-chain that speaks to this category of aviation business decision-makers, by highlighting the best use cases, value propositions, and innovation strategies ...

Dubai / WAM Under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, Dubai FDI, the investment development agency of Dubai Economy (DED), announced that it is set to convene global investors in Dubai at the upcoming Dubai Investment Week 2018. The major event, which will ...

Bloomberg The US warned that it could resort to strikes against a new class of Russian missile unless Moscow complies with its international commitments to arms reduction. NATO defense ministers on Wednesday were expected to discuss their concerns that Russia is building a medium-range ballistic missile in violation of the Intermediate-Range Nuclear Forces Treaty, US Ambassador Kay Bailey Hutchison said. ...

Bloomberg Malaysian prosecutors will charge the wife of former Prime Minister Najib Razak with money laundering on Thursday, three weeks after he faced new allegations linked to troubled state fund 1MDB. Rosmah Mansor was taken into custody on Wednesday afternoon after a round of questioning by the Malaysian Anti-Corruption Commission, Deputy Chief Commissioner Azam Baki said by text message. He ...

Bloomberg Prime Minister Theresa May promised austerity-weary Britons an end to years of public spending cuts, in a speech designed to paint a positive vision for the country outside the EU. “A decade after the financial crash, people need to know that the austerity it led to is over and that their hard work has paid off,” May told the ...

Bloomberg US Secretary of State Mike Pompeo will travel to Pyongyang on Sunday to meet with Kim Jong Un and prepare for a second summit between the North Korean leader and President Donald Trump. The State Department’s announcement of Pompeo’s trip confirmed what he promised last week—a visit soon to “make the final preparations” for another summit. Pompeo, who would ...

Bloomberg Sweden’s speaker of parliament gave Alliance opposition leader Ulf Kristersson the first attempt at forming a government to break the deadlock after last month’s inconclusive election. Kristersson will be given two weeks to gather support to become prime minister, Andreas Norlen, the speaker, said at a press conference in Stockholm. The situation needs to be “softened” and giving one ...