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Abu Dhabi builds region’s first quantum computer

ABU DHABI / WAM Abu Dhabi’s Technology Innovation Institute (TII) has unboxed the cryostat – the initial frame of its quantum computer that is being assembled in the UAE capital. TII’s Quantum Research Centre (QRC) is spearheading the landmark advanced technology project that aims to give the world a quantum advantage through developing a supercomputer with exponential computational capabilities. Two ...

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WTO says record global trade in goods might be nearing a peak

Bloomberg Global trade in goods might be close to plateauing — albeit at a record level — amid an outlook clouded by regional imbalances and coronavirus outbreaks that slow economic activity, the World Trade Organisation (WTO) said. The Geneva-based trade body’s goods trade barometer rises to 110.4 in March, the highest in records going back to 2016, according to a ...

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Oil climbs with US stockpiles in focus

Bloomberg Oil snapped a run of declines as a US industry report pointed to a drop in domestic crude stockpiles. West Texas Intermediate rises 0.5% after a four-day losing run that was the longest since March. The American Petroleum Institute reported that crude inventories fell 1.16 million barrels last week, including a draw at the key storage hub in Cushing, ...

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Emirates signs codeshare deal with Brazil’s Azul

DUBAI / WAM Emirates signed a codeshare agreement with Azul Linhas Aereas Brasileiras SA (Azul), which will allow customers to seamlessly connect to and from eight cities in Brazil to Emirates’ global network via Sao Paulo. The codeshare agreement has been approved by the Brazilian Federal Aviation Agency. Under the codeshare, customers will be able to connect to and from ...

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Sheikh Mohammed announces golden visas for humanitarians

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday announced that the UAE would offer Golden Visas to charity and humanitarian aid workers in recognition of their efforts and sacrifices. The announcement made by HH Sheikh Mohammed to provide long-term residence visas to humanitarian ...

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Emirates inks codeshare deal with Brazil’s Azul

Dubai / WAM Emirates signed a codeshare agreement with Azul Linhas Aereas Brasileiras S.A (Azul), which will allow customers to seamlessly connect to and from eight cities in Brazil to Emirates’ global network via Sao Paulo. The codeshare agreement has been approved by the Brazilian Federal Aviation Agency (Agência Nacional de Aviação Civil). Under the codeshare, customers will be able ...

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Pure Salmon establishes its global HQ in Abu Dhabi

Abu Dhabi / WAM Pure Salmon, a global land-based salmon aquaculture company, prepares to establish its headquarters in the emirate of Abu Dhabi. A partnership between the Abu Dhabi Investment Office (ADIO) and Pure Salmon will see the company receive financial and non-financial incentives to expand local food sustainability efforts with its proven salmon farming technology. The partnership is part ...

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What Afghanistan’s fall means for Britain, Europe

The rapid fall of Afghanistan to Taliban control presents the UK and its Nato allies with two primary dilemmas — the first is immediately pressing, the second has longer-term implications. The urgent task is to determine a policy for Afghans seeking refuge. Although there are many calls, from lawmakers and the media, to offer more support, asylum policy has been ...

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Next iPhones cater deftly to influencers

For many consumers, this fall’s Apple Inc iPhone lineup may not be a “must have” with its modest improvements compared with last year’s big 5G upgrade. But the smartphone maker is doing something, well, smart. The company is focusing feature enhancements for its new models towards a key constituency: creators and influencers. And it will pay dividends. Last week, Bloomberg ...

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