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Bloomberg Facebook Inc Chief Executive Officer (CEO) Mark Zuckerberg said the company is expanding end-to-end encryption on its WhatsApp messaging service. Texts sent on WhatsApp are already protected so that they can only be seen by the sender and recipient. People have been able to back up their messages in the cloud, using Alphabet Inc’s Google Drive and Apple Inc’s ...
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September, 2021
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11 September
Intel to set aside production in Ireland for auto chips
Bloomberg Intel Corp will dedicate production at its plant in Ireland for the manufacture of chips for automakers as company pushes into a growing market currently buffeted by shortages that have crippled vehicle production. The Santa Clara, California-based chipmaker has a facility in County Kildare in Ireland that has been used for manufacturing its mainstay computer processors. Intel will convert ...
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11 September
Tesla raises price of Model Y car in China
Bloomberg Tesla Inc. is raising the price of its Model Y Performance car in China by 10,000 yuan ($1,552), effective immediately, the company announced on Weibo. The vehicle’s new price will be 387,900 yuan, according to the statement. Elon Musk’s electric-vehicle maker reported a rebound in domestic China shipments in August, a bright spot after a torrid few months for ...
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9 September
UAE-Russia Business Council explores fostering tourism ties
MOSCOW / WAM The UAE-Russian Business Forum has held its third session at the headquarters of the Russian Chamber of Commerce and Industry in the Russian capital, Moscow, as part of the visit of an Emirati delegation led by the Sharjah Chamber of Commerce and Industry to the cities of Moscow and Saint Petersburg. The visit, which will continue until ...
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9 September
IHC’s Al Seer Marine forms AED624 million JV with BGN
ABU DHABI / WAM Al Seer Marine, a marine company in the Middle East region that is engaged across multiple marine sectors, announced the formation of a AED624 million ($169.91 million) joint venture with BGN International, one of the leading energy, trading, storage, and transportation companies, to acquire a portfolio of Very Large Gas Carriers (VLGCs) for the transport of ...
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9 September
UAE sends 100,000 Covid-19 vaccine doses to Mauritania
ABU DHABI / WAM The UAE dispatched an aircraft carrying 100,000 doses of the Covid-19 vaccine to Mauritania to help curb the spread of the virus and support Mauritania’s efforts to accelerate its recovery. Additionally carrying 15 metric tonnes of medical supplies, the aircraft is the fifth of its kind to be sent to Mauritania. Hamad Ghanem Al Mehairi, the ...
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9 September
Dubai’s F&B trade with Africa hits $2.4b in 2020
Dubai / WAM Dubai’s food and beverage (F&B) trade with Africa, excluding tobacco, reached $13.9 billion during 2015-2020 period, while the sector has been identified as a key factor expected to drive bilateral trade in the short-term, new Dubai Chamber analysis revealed. In 2020, the value of food and beverage trade (excluding tobacco) between Dubai and Africa amounted to $2.4 ...
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9 September
Helmerich & Payne plans to invest $100 million in Adnoc Drilling IPO
ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) and its subsidiary Adnoc Drilling Company (Adnoc Drilling) and Helmerich & Payne, Inc (H&P), a provider of rig technologies and drilling solutions, jointly announced on Wednesday a strategic alliance, that will see Adnoc Drilling acquire eight FlexRig land rigs from H&P for $86.5 million. Following this transaction, H&P will make ...
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9 September
Adex, RAK Chamber sign deal to support Emirati exporters
Abu Dhabi / WAM The Abu Dhabi Exports Office (Adex), the export-financing arm of the Abu Dhabi Fund for Development (ADFD), has entered into a strategic partnership with Ras Al Khaimah (RAK) Chamber of Commerce and Industry as part of its efforts to support Emirati exporters and build a diverse and sustainable national economy. Both parties formally sealed their cooperation ...
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9 September
UAE sends 100,000 Covid-19 vaccine doses to Mauritania
Abu Dhabi / WAM The UAE has dispatched an aircraft carrying 100,000 doses of the Covid-19 vaccine to Mauritania to help curb the spread of the virus and support Mauritania’s efforts to accelerate its recovery. Additionally carrying 15 metric tonnes of medical supplies, the aircraft is the fifth of its kind to be sent to Mauritania. Hamad Ghanem Al Mehairi, ...
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