Abu Dhabi / WAM Abu Dhabi’s digital economy will be boosted through the launch of Amazon Web Services’ (AWS) cloud infrastructure region in the UAE, as part of the Abu Dhabi Investment Office’s (ADIO) efforts to attract investments that build technology capabilities. The arrival of the AWS Middle East (UAE) Region in the first half of 2022 will accelerate cloud ...
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May, 2021
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27 May
India may need to borrow $22b more to pay states
Bloomberg India may need to borrow more for a second straight year to compensate its states for their revenue loss due to a shortfall in a nationwide consumption tax collection, according to people with knowledge of the matter. The additional borrowing requirement is estimated at $21.7 billion in the fiscal year started April 1, said the people, who asked not ...
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26 May
Emirates wins best airline worldwide award for eighth consecutive time
Dubai / Emirates Business Emirates has been voted ‘Best Airline Worldwide’ for the eighth consecutive time by the Business Traveller Middle East Awards 2021. The airline also took home accolades for ‘Airline with the Best First Class’, and ‘Airline with Best Economy Class’. The wins demonstrate Emirates’ strategic approach to continuously improving the onboard and on ground experience, offering a ...
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26 May
Covid-19: UAE reports 1,725 new recoveries
Abu Dhabi / WAM The Ministry of Health and Prevention, MoHAP, announced that it conducted 225,954 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 ...
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26 May
Abu Dhabi boosts digital economy with Amazon Web Services launch
Abu Dhabi / WAM Abu Dhabi’s digital economy will be boosted through the launch of Amazon Web Services’ (AWS) cloud infrastructure region in the UAE, as part of the Abu Dhabi Investment Office’s (ADIO) efforts to attract investments that build technology capabilities. The arrival of the AWS Middle East (UAE) Region in the first half of 2022 will accelerate cloud ...
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26 May
TDRA welcomes AWS’s decision to open data centres in UAE
Abu Dhabi / WAM In a step that confirms the UAE global position as a regional and global hub for digital economy and digital transformation, Amazon Web Services (AWS) announced that it will open data centres in the UAE in the first half of 2022. Through its data centres, AWS will provide a variety of innovative services and solutions for ...
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26 May
Wizz Air Abu Dhabi launches route to Greek tourist hotspot Santorini
Abu Dhabi / WAM Wizz Air Abu Dhabi, the newest national airline of the United Arab Emirates, will fly two times per week from the UAE capital to one of Greece’s most stunning travel destinations: the island of Santorini. With Greece and the United Arab Emirates having opened a travel corridor earlier in May, vaccinated travellers can visit the alluring ...
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26 May
WAM, RT Arabic explore fostering cooperation
Moscow / WAM The Director-General of Emirates News Agency (WAM), Mohammed Jalal Al Rayssi, met Maya Manna, the Editor-in-Chief of RT Arabic, in the Russian capital, Moscow. The meeting, held at the RT Arabic headquarters, is part of WAM’s keenness to develop cooperation with Russian media institutions and exchange experiences between the two sides. Al Rayssi highlighted the importance of ...
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26 May
Will central bank digital currencies fix bad policy?
More than 85% of the world’s central banks are working on central bank digital currencies, according to the Bank for International Settlements. The People’s Bank of China (PBOC) has already implemented a digital yuan, and the European Central Bank (ECB) wants to launch a digital euro by 2025. Federal Reserve Chair Jerome Powell said that the central bank will launch ...
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26 May
Are the Olympics a bureaucracy?
Everybody loves the Olympic Games. Except when you’re the host nation in the middle of a pandemic. Unfortunately for Japan’s government, it’s not really up to them to decide whether the Games of the 32nd Olympiad get cancelled. While Tokyo could theoretically pull the plug right now — two months from the rescheduled start date — the city is contractually ...
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