March, 2022

• 7 March

  UAE reinforces support for reprographic rights with launch of ERRA

  

    SHARJAH / WAM The UAE witnessed the official launch of the Emirates Reprographic Rights Management Association (ERRA) — a first-of-its-kind association in the region. The launch aligns with the UAE’s mandate to protect copyrights of content creators and safeguard the rights of authors and publishers through appropriate laws and legislations. The launch ceremony, at the House of Wisdom (HoW) ...

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• 7 March

  HFZA affirms commitment to boost Indian firms’ confidence

  

    DUBAI / WAM Hamriyah Free Zone Authority (HFZA) has reiterated its commitment to providing all the necessary means to boost the confidence of more than 1,400 Indian companies operating in the free zone in various industrial and commercial sectors. The authority added, “We spare no effort to provide all the facilities, the administrative, technical, and logistical services that ensure ...

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• 7 March

  Edge introduces new protected Rabdan ambulance at World Defense Show 2022

  

    RIYADH / WAM Edge Group entity, AL JASOOR, the UAE’s armoured vehicle specialist, unveiled a new variant of its Rabdan 8×8 infantry fighting vehicle (IFV) — the Rabdan ambulance — on the first day of the World Defense Show held in Riyadh, Kingdom of Saudi Arabia. The new configuration is uniquely designed to provide off-road mobility and mine-resistant, ambush ...

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• 7 March

  UAE backs Dominican Republic’s efforts to be regional logistics hub

  

  DUBAI / WAM The United Arab Emirates is supporting the Dominican Republic’s efforts to become a regional logistics hub in Central America and the Caribbean, the country’s Vice President told the Emirates News Agency (WAM). Raquel Peña made this comment while talking about Dubai-based DP World, the multinational company that facilitates global trade through its ports and terminals, parks, logistics ...

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• 7 March

  Shell says it bought Russian oil after government talks

  

    Bloomberg After taking a barrage of criticism for buying a cargo of Russian crude, Europe’s largest oil company Shell Plc says it’s navigating the market with government guidance. “We will continue to choose alternatives to Russian oil wherever possible, but this cannot happen overnight because of how significant Russia is to global supply,” Shell said in a statement. “We ...

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• 7 March

  The US can turn Europe into Putin’s nightmare

  

    As the world grapples with crafting an effective response to Russian President Vladimir Putin’s illegal and immoral invasion of democratic neighbour Ukraine, three key approaches have emerged. The first is the imposition of crippling sanctions, which over time will strangle the Russian economy. The second is military support to the Ukrainians and a promise to help train, organize and ...

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• 7 March

  Hong Kong’s distress signals are rising

  

  Hong Kong feels like it’s on the edge of a nervous breakdown, and it’s tempting to ask how much more people can take. With reports circulating that authorities will impose some form of lockdown later this month, supermarket shelves are once again being stripped bare and long lines have formed outside pharmacies. More than two years after the start of ...

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• 7 March

  Firms exploit inflation to pad their bottom lines

    A debate is intensifying about the role of corporate America in the recent wave of higher inflation. Companies are undoubtedly raising prices. The question is whether they are exploiting a surge in consumer demand or merely passing on their own higher costs. The available data strongly suggests that companies are raising prices to enhance profits. The view of price ...

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• 7 March

  Russians are about to learn ‘German lessons’

    Vladimir Putin’s war on Ukraine will have momentous consequences for many — above all for Ukrainians, those who are fleeing the country and those who have stayed to fight off the invading army or to helplessly endure the devastation. But the effect on Russians, too, will be enormous, whether or not we realise it now. It’s time for we ...

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• 7 March

  War big setback for Russia’s answer to Boeing 737 Max

  

    Bloomberg International sanctions triggered by the invasion of Ukraine are poised to derail a Russian effort to challenge Airbus SE and Boeing Co in single-aisle jets. Irkut Corp’s MC-21 jetliner, set to enter service this year, had already been hit by delays and cost overruns due to pre-existing sanctions. The plane, which features composite wings and is designed to ...

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