June, 2021

• 27 June

  Apple says third-party app stores would open IPhones to scammers

  

  Bloomberg Apple Inc is raising fears about letting users install applications outside the company’s App Store, an issue being targeted by lawmakers and regulators that also played a prominent role in its recent trial against Epic Games Inc. The company said on its website that requiring apps to be downloaded from the App Store protects consumers against scams, keeps their ...

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• 27 June

  Instagram adds shopping via images, virtual try-on

  

  Bloomberg Facebook Inc’s Instagram is adding new shopping tools, like letting people search for products using an image, as it expands e-commerce offerings across its family of apps. When users click on the images they see on Instagram, Facebook will direct them to similar-looking products for sale. A user could click on a floral dress on the social media network ...

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• 27 June

  Tesla recalls 285,000 cars on autopilot issues

  Bloomberg Tesla Inc plans to recall more than 285,000 electric vehicles sold in China to address risks associated with its autopilot feature after an investigation conducted by the country’s market regulator. The electric car maker will recall 211,256 locally-produced Model 3 vehicles and 35,665 imported ones, as well as 38,599 China-made Model Ys because their autopilot systems are too easily-activated ...

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• 24 June

  Mohammed announces 100-day countdown for Expo 2020 Dubai

  

  DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has announced the countdown for Expo 2020 Dubai, the world’s largest cultural event to convene the global community towards creating solutions for a better future. In 100 days, the UAE will be the first country in the ...

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• 24 June

  UAE retail e-commerce market value hits record $3.9b in 2020

  

  Dubai / WAM The UAE retail e-commerce market reached a record $3.9 billion in 2020, a 53 percent year-over-year increase driven by the Covid-19-led digital shift, while e-commerce accounted for 8 percent share of the retail market during the same year, new analysis from Dubai Chamber of Commerce and Industry has revealed. The study projected the value of the market ...

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• 24 June

  UAE hosts 18th UN public service forum in October

  DUBAI / WAM The United Nations has selected the United Arab Emirates to host the 18th UN Public Service Forum in October, coinciding with celebrations of the UAE’s Golden Jubilee. This global forum aims to support the governments’ efforts around the world to achieve the Sustainable Development Goals, as it explores opportunities for governments to deliver seamless digital services, embrace ...

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• 24 June

  Mubadala takes 2.6% stake in Russia’s EN+

  

  Abu Dhabi / WAM Mubadala Investment Company, an Abu Dhabi-based sovereign investor, on Wednesday announced the acquisition of a 2.6 percent stake in EN+, a global leader in low-carbon aluminium production and renewables. Mubadala’s total share ownership in EN+ now stands at 2.86 percent on a fully diluted basis. The new block acquisition equates to 16,641,700 of EN+ ordinary shares. The ...

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• 24 June

  Mohamed Bin Zayed solar plant powers 158,000 facilities in Togo

  

  Abu Dhabi / WAM The Mohamed Bin Zayed Solar PV Complex, one of the largest solar PV plant in West Africa financed by the Abu Dhabi Fund for Development (ADFD) and selected under ADFD-Irena Project Facility, is now fully operational. The 50-megawatt (MW) project in Blitta, Togo, will supply reliable, clean electricity to hundreds of thousands of homes and businesses ...

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• 24 June

  EDB to launch AED1b fund to support SMEs

  

  Abu Dhabi / WAM Ahmed Al Naqbi, CEO of Emirates Development Bank (EDB), revealed bank’s plans to launch an AED 1 billion direct investment fund in 2022 to support SMEs and industrial companies that need financing and investment in priority sectors, such as manufacturing, healthcare, infrastructure, food security and technology. In a statement to the Emirates News Agency (WAM), Al ...

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• 24 June

  UAE, Comoros discuss ways to enhance ties

  MORONI / WAM President Azali Assoumani of the Republic of Comoros has received Saeed Mohammed Al Maqbali, UAE Ambassador to Comoros, in the capital, Moroni. During the meeting, they discussed ways to enhance relations between the two brotherly countries across all sectors, in addition to many issues of common interest. President Assoumani lauded UAE-Comoros ties, stressing the need to develop ...

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