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Chaotic scenes grip Kabul’s airport, with reports of deaths

Bloomberg Desperate scenes played out at Kabul’s international airport on Monday as thousands rushed to exit Afghanistan after Taliban fighters took control of the capital, with Reuters reporting at least five people were killed as people tried to forcibly enter planes leaving the country. Citing witnesses, Reuters said it wasn’t clear whether the victims died of gunshots or in a ...

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UAE coders program invites graduates for $1 million challenge

DUBAI / WAM Dubai Future Foundation (DFF) recently announced the opening of submissions for the “One Million Arab Coders Challenge”, inviting the initiative’s graduates from all over the world to submit their innovative projects for a chance to win prizes worth more than $1 million. Coders can submit their projects — websites or apps — based on the skills they ...

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Ajman Crown Prince lauds UAE-Estonia relations

AJMAN / WAM HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Ajman Executive Council, lauded the bilateral relations between the UAE and Estonia, as well as their cooperation in all areas, especially in digital technology. “The world is progressing, and we must keep pace with these developments,” he said, noting the UAE’s leadership ...

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Website launched to check ‘Student Golden Visa’ rules

ABU DHABI / WAM The Abu Dhabi Residents Office (ADRO) has launched a new web tool to help parents of high school students in the Emirate of Abu Dhabi confirm if their children have been selected to receive a Student Golden Visa. The launch of the website follows the Emirates Schools Establishment’s (ESE) announcement that 2,036 exceptional students – 950 ...

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RTA named ‘Team of the Year’ at British Safety Awards 2021

DUBAI / WAM Dubai’s Roads and Transport Authority has been named ‘Team of the Year’ at the British Safety Council International Safety Awards 2021. From the 292 organisations that won an International Safety Award, including businesses from the UK, Africa, Asia, India, mainland Europe and the Middle East, the RTA’s team was the sole Team of the Year winner. The ...

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Cost to bury carbon near tipping point

Bloomberg Skyrocketing carbon prices and a “code red” warning about the threat posed by climate change are giving fresh momentum to a technology that captures and removes greenhouse gas emissions so they can be buried. The market for these tools could reach $2 trillion if used to cut pollution from heavy industry, according to Credit Suisse Group AG. With carbon ...

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Taliban reach Kabul, says in talks for peaceful transition

Bloomberg The Taliban ordered its fighters to remain just outside the Afghan capital as it starts talks for a peaceful transition of power, cementing its renewed grip on the country two decades after the US ousted it from power. Fighters from the militant group entered the outskirts of Kabul on Sunday as the US and other nations rushed to evacuate ...

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China’s port shutdown raises fears of closures worldwide

Bloomberg A Covid outbreak that has partially shut one of the world’s busiest container ports is heightening concerns that the rapid spread of the delta variant will lead to a repeat of last year’s shipping nightmares. The Port of Los Angeles, which saw its volumes dip because of a June Covid outbreak at the Yantian port in China, is bracing ...

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Asian food trader Olam targets FTSE 100 for IPO

Bloomberg Olam International Ltd, one of Asia’s biggest agricultural commodity traders and suppliers, has a target for its food ingredients unit to become part of the FTSE 100 after its initial public offering in London. The company, a major supplier of cocoa beans and products, green coffee and spices, expects the IPO to be “one of the bigger listings” on ...

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Malaysia lowers growth forecast on worsening virus outbreak

Bloomberg Malaysia lowered its 2021 economic growth forecast for a second time, as renewed movement restrictions and rising infections hamper the recovery. Gross domestic product is expected to expand 3%-4% this year, Bank Negara Malaysia said, down from an earlier estimate of 6%-7.5% growth. Malaysia’s economy shrank 2% in the second quarter on a seasonally adjusted basis compared to the ...

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