January, 2019

• 29 January

  DoH launches AI laboratory

  ABU DHABI / WAM The Department of Health Abu Dhabi (DoH), launched its Artificial Intelligence (AI), Lab at Arab Health 2019. The AI Lab is a first-of-its-kind initiative in region, dedicated to developing healthcare solutions through emerging technologies including AI, Blockchain, genomics, predictive analytics and Internet of Medical Things, among others. Bringing together individuals, industry experts and service providers, the ...

  Read More »
• 29 January

  Mohamed, Kuwait’s minister of defence discuss bilateral ties

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received on Tuesday, Sheikh Nasser bin Sabah Al-Ahmad Al-Sabah, First Deputy Prime Minister and Minister of Defence of Kuwait. His Highness welcomed Sheikh Nasser Al-Sabah, and held discussions on the brotherly relations between the ...

  Read More »
• 29 January

  ADCB net profit up 13% to AED4.84bn in 2018

  

  ABU DHABI / WAM Abu Dhabi Commercial Bank PJSC on Tuesday reported net profit of AED4.840 billion for the fiscal year 2018, up 13% on year. The robust performance is supported by record operating income, optimal management of cost of funds and lower impairment charges, ADCB said in a press release on Tuesday. As a result of the Bank’s strong ...

  Read More »
• 29 January

  UAE industry leaders emphasise regional breakbulk importance

  

  DUBAI / Emirates Business Breakbulk Middle East, the GCC’s leading breakbulk and project cargo sector event, held a press conference on Tuesday in anticipation of the event’s fast approaching 4th annual edition. This year’s two-day conference and exhibition will be held under the patronage of HE Dr Abdullah Belhaif Al Nuaimi, the UAE Minister of Infrastructure Development and the Chairman ...

  Read More »
• 29 January

  GE, Sumitomo sign Sharjah power project contract

  

  SHARJAH / WAM GE and Japan’s Sumitomo Corporation have reached a public-private partnership milestone by signing a 25 year Power Purchase Agreement (PPA) with the Sharjah Electricity and Water Authority (Sewa), to develop, build and operate a 1.8 gigawatt (GW), combined cycle power plant in Hamriyah. Equipped with GE’s HA technology, including the world’s largest and most efficient heavy-duty gas ...

  Read More »
• 29 January

  Foreign journalists in China face harassment

  

  Bloomberg Increased surveillance and government interference with reporting amid a crackdown on Xinjiang’s Muslims fueled a “significant deterioration” in the work environment for correspondents in China last year, the country’s foreign journalists’ organisation said. Reporting grew much harder in the far western region, where the detention and “re-education” of up to 1 million minority Muslim Uighurs has attracted global outcry, ...

  Read More »
• 29 January

  NATO dashes to expand in Balkans after North Macedonia name deal

  

  Bloomberg NATO approved the accession protocol for soon-to-be renamed North Macedonia, weeks after the former Yugoslav republic and Greece settled a decades-long dispute that hindered its membership. At the center of a tug-of-war for influence between Russia and the West, the Balkan state cleared its biggest hurdle to joining the military alliance last month by agreeing to change its name ...

  Read More »
• 29 January

  Fight over Nigeria chief justice reaches top court

  Bloomberg Nigeria’s Senate asked the Supreme Court to rule on whether President Muhammadu Buhari breached the constitution by suspending Chief Justice Walter Onnoghen, stoking political tensions in the West African nation just weeks before a general election. The case marks a key legal test to Onnoghen’s ouster last week that’s sparked condemnation from the opposition and legal community because the ...

  Read More »
• 29 January

  May losing Brexit control despite gamble on backstop

  

  Bloomberg Theresa May faces losing control of Brexit to Parliament on Tuesday in a series of crucial votes that will shape Britain’s split from the European Union. Despite a last minute gamble aimed at buying off rebels in her Conservative Party, the prime minister was expected to face a knife-edge battle to block a proposal that would hand Parliament the ...

  Read More »
• 29 January

  UAE, Saudi to launch common digital currency called ‘Aber’

  

  Abu Dhabi / WAM The United Arab Emirates Central Bank (UAECB) and the Saudi Arabian Monetary Authority (Sama) on Tuesday announced in a joint statement the launch of the common digital currency project ‘Aber’, which will be used in financial settlements between the two countries through Blockchains and Distributed Ledgers technologies. This comes under the framework of ‘Proof-of-Concept’, which can ...

  Read More »