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Senators press Twitter over ‘Mudge’ claims

Bloomberg The leaders of the Senate Judiciary Committee sent a detailed list of questions to Twitter Inc, before the committee will hear testimony from whistle-blower Peiter Zatko, who has accused the company of failing to adequately protect data on its users. In a letter addressed to Twitter Chief Executive Officer Parag Agrawal, the senators wrote that Zatko’s allegations, if true, ...

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Futures advance, dollar extends slide before key inflation data

  Bloomberg US equity-index futures advanced ahead of key inflation data which was expected on Tuesday. Treasury yields dipped and the dollar extended a decline. Contracts on the S&P 500 and Nasdaq 100 climbed about 0.6% each after the S&P completed its best four-day surge since June following robust pre-order data for Apple Inc’s iPhone 14 Pro Max. The Bloomberg ...

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Dollar dive fuels debate if currency’s rally coming to end

Bloomberg The dollar’s pullback in recent days is prompting speculation about whether the currency’s relentless march higher is coming to an end. There is nonetheless a reluctance to write it off just yet. After surging by more than 10% this year, the Bloomberg dollar index has tumbled close to 2% from the all-time peak it hit even as expectations for ...

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IAEA commends operational safety at Barakah nuclear power plant

  Abu Dhabi / WAM An International Atomic Energy Agency (IAEA) team of experts said the operator of the UAE’s Barakah Nuclear Power Plant (NPP), the first NPP in the Arab region, had strengthened operational safety by fully addressing the findings of an initial IAEA safety review mission five years ago. The Operational Safety Review Team (OSART) had concluded a ...

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UAE President receives letter from Sri Lankan President

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received a written letter from Ranil Wickremesinghe, President of Sri Lanka, concerning the bilateral ties between the two countries. The letter was received by HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, during his meeting in Abu Dhabi with ...

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UAE-Costa Rica trade soars 292.3% in 5 years: Minister

ABU DHABI / WAM Arnoldo André, Foreign Minister of Costa Rica, has highlighted the importance of the UAE for his country, highlighting the increase in bilateral trade by 292.3%, since the opening of the Costa Rican embassy in the UAE in 2017. In an article published by the newspaper ‘La Republica’, Andre said that Costa Rica enjoys 12 years of ...

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Hub71, Siemens Energy unite to advance cleantech in Abu Dhabi

  Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, has signed a partnership with Siemens Energy AG, one of the world’s leading energy technology companies, to advance CleanTech and ClimateTech in Abu Dhabi. Working together in collaboration, Hub71 and Siemens Energy will support tech startups in developing innovative technologies that directly address global climate change. The agreement comes ...

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Abu Dhabi issues 136 new industrial licenses in H1

  Abu Dhabi / WAM The Industrial Development Bureau (IBD), part of the Abu Dhabi Department of Economic Development (ADDED), has confirmed the strong growth of the Emirate’s industrial sector in H1, 2022. New industrial licenses (Rowad) reached 136, and those transitioning to the construction phase reached 62, with the number of licenses having moved from under-construction to in-production reaching ...

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Dubai Chamber sees 69% surge in new members

  DUBAI / WAM Dubai Chamber of Commerce, one of three chambers operating under Dubai Chambers, has revealed that over 27,100 companies joined as new members in the first eight months of 2022, marking a 69% year-over-year (y-o-y) increase and bringing total membership to over 314,000. Between January and August 2022, member exports and re-exports increased over 20% y-o-y to ...

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