Dubai / Emirates business in5, a startup incubator founded by Tecom Group, announced a 27-hour ‘Block-chain Challenge’ hackathon, inviting tech enthusiasts to address a practical real-life challenge. Divided into teams, participants will be challenged to build and present functioning prototypes, leveraging blockchain technology. Powered by Oracle, a global leader in innovative technologies, and a key contributor in the regional digital ...

ABU DHABI / WAM The Ministry of Community Development (MOCD) announced that as of the end of 2018, there were 223 associations, non-profit organisations (NGOs) and social Takaful funds managed and supervised by the ministry. The list comprises 185 associations, 17 Takaful funds and 21 NGOs registered in the ministry’s database. According to MOCD, the associations were divided across various ...

DUBAI / WAM Dubai’s International Humanitarian City (IHC) embraced World Humanitarian Day celebrations on Monday, welcoming more than 100 human- itarian workers and partners to spotlight the achievements and attributes women bring to global humanitarian action. Every day, more than half a million humanitarians — 40 percent of which are women — work on the frontline of war and disaster ...

ABU DHABI / WAM A higher committee has been set up in Abu Dhabi to implement the Human Fraternity Document signed by His Holiness Pope Francis of the Catholic Church and His Eminence the Grand Imam of Al Azhar, Dr Ahmed el-Tayyeb, in the UAE capital last February. The committee includes Bishop Miguel Angel Ayuso Guixot, President of the Pontifical ...

DUBAI / WAM Dubai Electricity and Water Authority’s (Dewa’s) Water, Energy, Technology, and Environment Exhibition (Wetex) 2019 is an opportunity for green solution suppliers and providers, investors, and decision-makers — from private and public sectors that helps nurture international interest in green innovations — supports a sustainable environment and shift to a green economy. Wetex 2019 offers companies, decision-makers, invest-ors, ...

ABU DHABI / WAM The third edition of the Aqdar World Summit is set to kick-off this month in the Russian capital Moscow, featuring a high-profile UAE delegation taking part to discuss the global empowerment of communities. Held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of ...

Bloomberg The UK’s oil refineries would be at a severe competitive disadvantage if Britain exits the European Union without a deal and tariffs were imposed on its gasoline exports, according to an industry group. A leaked government document, on the implications of a no-deal Brexit, claimed that two of the UK’s oil refineries could be forced to shut down if ...

Bloomberg South Sudan has made a new crude find in the northern oilfields of Adar and plans production by the end of the year, Information Minister Michael Makuei Lueth said. The oil will be linked to the nearby Paloch oilfields that are managed by Dar Petroleum Operating Co., Lueth said on Monday by phone from the capital, Juba. Petroleum Minister ...

Bloomberg The imminent overhaul of global ship-fuel regulations is finally delivering a long-awaited benefit to Asian oil refiners. Profits from turning crude into diesel in the second half of 2019 are forecast to be about 31% higher than the first six months, according to Goldman Sachs Group Inc. Margins have already expanded around 40% since late April as International Maritime ...

Bloomberg Businesses located in some of Manila’s offices, hotels and casinos could lose their investment incentives over the next five years as the Philippines looks to overhaul its corporate taxation. Under a new bill, the government wants to phase out its current set of tax perks, among Southeast Asia’s most generous, and businesses will have to reapply for incentives that ...