Classic Layout

DP World to explore quantum computing tech

Dubai / WAM DP World, UAE region, has taken a step forward to explore the power of Quantum Computing in the logistics and trade industry through collaboration and exploration with D-Wave and other global leaders in the quantum computing sphere. This move will place the company among the top organisations that are exploring the Quantum Computing technology to boost business ...

Read More »

Covid-19: UAE reports 1,503 new recoveries

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 203,347 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...

Read More »

Emirates NBD, ECI ink deal to ease trade finance access for businesses

Dubai / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, and Emirates NBD signed an agreement that will improve the liquidity of UAE exporters and businesses and enhance their global competitiveness. The agreement follows the Memorandum of Understanding (MoU) signed in 2019 between Massimo Falcioni, CEO of Etihad Credit Insurance, and Ahmed Al Qassim, Senior Executive Vice ...

Read More »

MBRCH expands food distribution operations to 10 more countries

Dubai / WAM Coinciding with the ‘100 Million Meals’ campaign, the Mohammed bin Rashid Al Maktoum Humanitarian and Charity Establishment (MBRCH) announced the expansion of food relief operations to 10 additional countries. The MBRCH will finance and implement food support operations in a new list of countries including Benin and Senegal in Africa, Kazakhstan, Uzbekistan, Tajikistan, Afghanistan, Kyrgyzstan and Nepal ...

Read More »

DP World explores quantum computing technology

DUBAI / WAM DP World, UAE region, has taken a step forward to explore the power of Quantum Computing in the logistics and trade industry through collaboration and exploration with D-Wave and other global leaders in the quantum computing sphere. This move will place the company among the top organisations that are exploring the Quantum Computing technology to boost business ...

Read More »

Ajman DED, noon.com ink deal

AJMAN / WAM The Ajman Department of Economic Development (Ajman DED) signed a cooperation agreement with noon.com, the region’s homegrown digital marketplace, to support the growth and success of small and medium-sized companies and entrepreneurs in the emirate, including the members of the Small and Medium Enterprises Programme “Tazeez”, the members of the “Riyada” programme for practicing economic activities at ...

Read More »

Why Covid won’t free up middle seats on planes

Here’s another reason to thank the medical profession amid the misery of Covid — doctors want you to have more space to spread out when flying. The risk of catching the virus onboard drops by 57% when middle seats are left unoccupied on planes, according to a study by the US Centers for Disease Control and Prevention. That validates the ...

Read More »

Is RV a better investment than Bitcoin?

I can’t understand why people are pouring their hard-earned money into cryptocurrencies instead of campers. The RV boom that began last year shows no sign of slowing down. Shipments are expected to reach record levels this year, and buyers are snatching up units as soon as they hit the lot. Inventory for used RVs is just as tight, and the ...

Read More »

Morgan Stanley’s $911m loss is no emergency

There’s something fitting about Morgan Stanley’s loss from the blowup of Archegos Capital Management totalling $911 million. By all accounts, the episode was among the biggest emergencies within the banking industry since the global financial crisis. The hit certainly came as something of a surprise, given that there was little indication of this kind of loss in advance, and Goldman ...

Read More »
Send this to a friend