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Bloomberg Facebook Inc Chief Executive Officer (CEO) Mark Zuckerberg addressed a series of negative stories about the company for the first time by saying accusations that it puts profit over user safety are “just not true.” “It’s difficult to see coverage that misrepresents our work and our motives. At the most basic level, I think most of us just don’t ...

ABU DHABI / WAM The UAE Space Agency on Tuesday announced the commencement of a new Emirati interplanetary mission, designed to further accelerate the young nation’s space engineering, scientific research and exploration capabilities and drive innovation and opportunity in the country’s private sector. The announcement was made during a ceremony attended by His Highness Sheikh Mohammed bin Rashid Al Maktoum, ...

Dubai / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy and Chairman of the Expo 2020 Dubai Higher Committee, on Tuesday inaugurated the 23rd Water, Energy, Technology, and Environment, Exhibition (Wetex) and Dubai Solar Show, at Dubai Exhibition Centre, Expo 2020 Dubai. Dubai Electricity and Water Authority (Dewa) is organising the ...

Abu Dhabi / WAM Mohamed Khalifa Al Mubarak, Chairman of the Department of Culture and Tourism – Abu Dhabi, has inaugurated the second exhibition by Louvre Abu Dhabi this year, titled ‘Dragon and Phoenix – Centuries of Exchange between Chinese and Islamic Worlds’. The exhibition opens to the public on Wednesday October 6 and will run until February 12, 2022. ...

Bloomberg UK oil-service provider Petrofac Ltd must pay a $95 million penalty by a London judge for failing to prevent bribery between 2011 and 2017. The penalty includes a $64 million fine and a $31 million confiscation order. The levy comes after the company pleaded guilty to seven bribery offenses, in a deal with the UK’s Serious Fraud Office (SFO). ...

Bloomberg Secretary of State Antony Blinken met French President Emmanuel Macron and other top French officials in Paris on Tuesday as the US looks to move past a spat over a defense agreement with Australia and the United Kingdom. Blinken and Macron met for 30 to 40 minutes to discuss deeper cooperation in the Indo-Pacific and the Sahel region of ...

ABU DHABI / WAM Zaki Anwar Nusseibeh, Cultural Adviser to His Highness the President and Chancellor of the United Arab Emirates University (UAEU), has described Expo 2020 Dubai as one of the world’s most important cultural, scientific, and economic events. Nusseibeh said that the dazzling opening ceremony demonstrated the UAE’s ability to organise and host an event of this kind. ...

Abu Dhabi / WAM Wizz Air Abu Dhabi, a UAE national airline, will commence seven new routes in the upcoming weeks bringing its third aircraft to full capacity after the eased travel restrictions were introduced in the Abu Dhabi Emirate recently. The national airline will operate routes to (Sarajevo) Bosnia and Herzegovina, Odesa (Ukraine), Muscat (Oman), Almaty (Kazakhstan), Sohag (Egypt), ...

SHARJAH / WAM The 48th edition of the Watch and Jewellery Middle East Show (WJMES), organised by the Expo Centre Sharjah with the support of the Sharjah Chamber of Commerce and Industry (SCCI), will kick off on Tuesday with the participation of nearly 300 exhibitors of world-leading companies of the watch and jewellery design and manufacturing, alongside the participation of ...

Dubai / WAM The Dubai Gold and Commodities Exchange (DGCX) once again registered a high monthly Average Open Interest (AOI), amounting to 154,629 contracts in September. Open interest is an indicator of the total number of futures contracts held by market participants at the end of the trading day – and the significant increase over the last few months reflects ...