Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi’s (DCT Abu Dhabi) announced that the recently reopened Al Hosn site has launched a virtual guided tours programme for the education sector, as well as individuals and public groups, as part of the Department’s continuing response to the current circumstances. Al Hosn recently conducted its first virtual ...
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July, 2020
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11 July
UAE firm secures orders for masks until 2020-end
Al Ain / WAM The UAE’s first respirator manufacturing facility, established in May in Al Ain with an annual output capacity of over 30 million units, has already secured orders until the end of 2020, a top executive told Emirates News Agency (WAM). “To date, we have already supplied N95 masks to those on the UAE’s frontline, including healthcare workers ...
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11 July
Indian firm seeks investor for $5.3b solar plan
Bloomberg India’s Energy Efficiency Services Ltd (EESL) is seeking a partner to expand its distributed solar power venture, Managing Director Saurabh Kumar said. EESL has chosen Investec Capital Services to advise on the deal and expects it to come up with a valuation for the project in three months, Kumar said. The project has 100 megawatts of operational solar generation ...
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11 July
Homes can shelter India’s China dream after Covid
India quite literally needs to put a roof over its China dream. It took a pandemic and a lockdown to highlight the precarious existence of the country’s blue-collar workers. Left without jobs and shelter, an estimated 30 million — roughly a fifth of the urban labour force — have gone back to their villages, with many completing long, hazardous journeys ...
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11 July
TikTok gets Amazon-sized scare
What was a turbulent enough week for TikTok turned downright bizarre. Already, Secretary of State Mike Pompeo had warned that the Trump administration was looking at banning the short-video platform owned by Beijing-based parent ByteDance Ltd over data-privacy concerns, and President Donald Trump himself said he was considering banning TikTok as one way to retaliate against China over the coronavirus. ...
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11 July
Trump’s attack on students is disgraceful
By ordering foreign college students who are unable to take in-person classes this fall to leave the US, the Trump administration has plumbed new depths of heartless incompetence. At best, the order will cause needless anxiety and expense for both colleges and students. At worst, it might wreck college finances, destroy jobs and facilitate the spread of the coronavirus. Inflicting ...
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11 July
Has Trump honoured his oath of the office?
By commuting the prison sentence of Roger Stone, President Donald Trump has made his contempt for the rule of law plain for all to see. Clemency for a crony convicted of interfering with an investigation of presidential malfeasance is a flagrant abuse of power. President Richard Nixon wasn’t willing to pardon the Watergate criminals who broke into Democratic Party offices ...
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11 July
Virgin Atlantic nears deal for $504 million rescue
Bloomberg Virgin Atlantic Airways Ltd is closing in on a 400 million-pound ($504 million) rescue led by Davidson Kempner Capital Management after the US hedge fund offered more favorable terms than other potential backers, people familiar with the matter said. Davidson Kempner has offered funding conditions that an alliance of Elliott Management Corp and UK investment firm Greybull Capital declined ...
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11 July
British Airways faces landing slots battle
Bloomberg Boris Johnson is under pressure to strip IAG SA’s British Airways of valuable landing slots at UK airports amid concern about the airline’s plan to cut 12,000 jobs, according to a report in the Daily Mail. More than 100 British members of parliament from various political parties are asking the prime minister to reconsider BA’s right to slots at ...
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11 July
Kenya Airways ordered to halt plan to slash jobs
Bloomberg The High Court of Kenya ordered the national carrier to temporarily freeze job cuts pending a full hearing of the matter. The case will be heard on July 16, Judge Hellen Wasilwa said in an judgment. The Kenya Aviation Workers’ Union sought the action against Kenya Airways after the airline’s chief executive officer, Allan Kilavuka, earlier this month told ...
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