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Voting for UAE Pro League Awards sees high turnout

ABU DHABI / WAM Voting for the UAE Pro League Awards, which is scheduled to end on August 05, has been witnessing wide participation and tight competition between nominees over the past 72 hours, creating a thrilling atmosphere as the winners are set to be revealed at the UAE Pro League Awards ceremony on August 16. The awards honour the ...

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UAE coders’ program, Facebook to train students on AI skills

DUBAI / WAM The National Programme for Coders and Facebook announced on Wednesday the launch of the “Facebook AI Camp”, available for the first time in the Middle East and North Africa (Mena) region. The camp, slated to be held between August 15-26, will equip students with a variety of digital skills and train them in programming languages. The initiative ...

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China’s Delta outbreak cuts travel, hits GDP projection

Bloomberg China’s broadest Covid-19 outbreak since the beginning of the pandemic in late 2019 is hampering tourism and spending during the peak summer holiday, prompting analysts to review their economic growth projections as risks escalate. Authorities rushed to close tourist sites, call off cultural events and cancel flights, as the outbreak linked to the highly-infectious delta variant spread to nearly ...

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China exporting more sophisticated products

Bloomberg The technological level of China’s exports increased through the trade war with the US, according to a new ranking, which predicts the Chinese economy will grow faster than India’s over the next decade. China ranked 16th globally when judged by the complexity of its exports in 2019, moving up three places ahead of countries including Ireland since the onset ...

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Indonesia becomes second in Asia to hit 100,000 Covid deaths

Bloomberg Indonesia has reached a grim milestone as more than 100,000 people died from the coronavirus, becoming the second country in Asia to breach that threshold. After weeks of topping the world’s tally of daily Covid-19 deaths, Southeast Asia’s largest economy added 1,747 fatalities on Wednesday, according to data from the health ministry, bringing its total number to 100,636. Indonesia ...

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Afghanistan’s situation rapidly deteriorating, US envoy warns

Bloomberg The Afghan government is too weak to win a negotiated settlement without a new military strategy, the US envoy to the war-ravaged country said. “The situation is very concerning, and our expectation is that both the government and the Talibs would focus on a political settlement,” Zalmay Khalilzad, the US special representative for Afghanistan, said at the Aspen Security ...

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Etihad Rail, Western Bainoona Group ink partnership pact

ABU DHABI / WAM Etihad Rail, the developer and operator of the UAE’s National Rail Network, has signed a strategic partnership agreement with Western Bainoona Group. Etihad Rail will deliver rail freight services to the Group for their construction materials from Western Bainoona Group’s facilities in Fujairah to Abu Dhabi and Dubai. The agreement comes following the directives of HH ...

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Dubai all set to host major business events as Expo 2020 nears

DUBAI / WAM Dubai’s business events sector continues to build on its momentum as one of the first cities in the world to reopen for international meetings, with a busy calendar of high profile conferences, meetings and incentives on the horizon through the rest of 2021 and into 2022. Following on from the resumption of international tourism to the city ...

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Masdar JV starts construction on Indonesia’s first utility-scale floating solar power plant

ABU DHABI / WAM Masdar, one of the world’s leading renewable energy companies; and PT PJBI, a subsidiary of Indonesia’s state-owned electricity company PT PLN, announced on Tuesday that financial close has been achieved on the Cirata Floating Photovoltaic Power Plant project and construction work has begun. Financing for the project — Indonesia’s first floating solar power plant — was ...

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UAE, China join hands to fight money laundering

ABU DHABI / WAM The UAE Financial Intelligence Unit (FIU) has signed a Memorandum of Understanding (MoU) with the China Anti-Money Laundering Monitoring and Analysis Centre (CAMLMAC) to facilitate international cooperation on the exchange of intelligence concerning anti-money laundering and combatting the financing of terrorism. The signing of this MoU is in line with the objectives of the UAE and ...

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