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Ministry hosts session on content creation

Abu Dhabi / WAM The Ministry for Cultural and Youth announced the agenda of the fourth week of its summer camp, with a discussion session chaired by Noura bint Mohammed Al Kaabi, Minister of Culture and Youth, entitled, “Content Creation: The Message and Influence.” The session was held with the participation of Sheikh Dr Majid Al Qasimi, Co-Founder and Director ...

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Nasdaq, DGCX ink tech deal

Dubai / WAM Nasdaq and Dubai Gold & Commodities Exchange (DGCX) on Monday announced a major market technology agreement for Nasdaq to provide DGCX with a full suite of integrated marketplace solutions. The marketplace solutions, delivered via the Nasdaq Financial Framework, include multi-asset trading and real time clearing capabilities, pre-trade risk management, as well as market intelligence, market surveillance and ...

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Belarus police crush protests as ruler claims election win

Bloomberg Riot police detained thousands of protesters in Belarus in clashes after Alexander Lukashenko claimed a landslide victory in presidential elections to extend his 26-year rule amid opposition accusations of massive fraud. About 3,000 people were held by law enforcement including 1,000 in the capital, Minsk, the Interior Ministry said on Monday in a website statement. Protests took place in ...

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UAE to launch navigation satellite next year

AL AIN / WAM The United Arab Emirates will launch a navigation satellite next year aimed at demonstrating the country’s technological capabilities, a top official told Emirates News Agency (WAM). “The first satellite will be launched in 2021 and the second — a technologically enhanced one — the following year,” said Dr Khaled Al Hashmi, Director of the National Space ...

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Ajman DED opens economic activities for Riyada staff

Ajman / WAM Ajman’s Department of Economic Development (DED) announced the opening of all economic activities for those wishing to register for the Reyada Programme for working from home. The Reyada Programme is the first of its kind in Ajman, targeting Emiratis residing in the emirate and enables them to work from home, noting that the number of members registered ...

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Emirates ramps up services to Pakistan

Dubai / WAM Emirates has announced it will increase its passenger services to/from Pakistan starting August 10, offering customers enhanced connectivity to over 70 destinations within its current network, via Dubai. The Dubai-based airline is set to ramp up its flight frequency to/from Karachi, Islamabad, Lahore, and Sialkot; and resume passenger services to Peshawar — providing customers worldwide with greater ...

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World’s biggest power traders flock to Japan’s $136b market

Bloomberg Some of the world’s biggest energy traders are looking to get ahead in Japan’s nascent power market. From Royal Dutch Shell to German utility RWE, companies are hiring, reassigning staff and building relationships with Japanese firms to profit in the $136 billion market. After building markets in Europe and the US, they have their sights on the third-biggest economy, ...

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US’s visit to Taiwan begins with rising China tensions

Bloomberg Health and Human Services Secretary Alex Azar arrived in Taiwan on Sunday for the highest-ranking visit by a US official to the island in decades, a trip that stands to further worsen spiralling relations between the US and China. Azar is set to discuss the international response to the coronavirus, along with supplies of medical equipment and technology, according ...

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Lebanese minister resigns as global powers discuss aid

Bloomberg Lebanon’s minister of information resigned a day after deadly protests against the government’s role in last week’s devastating blast in Beirut, and hours before global leaders gathered to discuss aid to the country. Information Minister Manal Abdel Samad submitted her resignation “in response to the public calls for change,” she said in a televised press conference on Sunday. Nehmat ...

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Trump orders extended jobless benefits, payroll tax deferral

Bloomberg President Donald Trump announced four executive actions on Saturday, including continued expanded unemployment benefits and a temporary payroll tax deferral for some workers, as the coronavirus pandemic continues to hobble the US economy. Trump also ordered continued eviction protection and student-loan relief. The moves could jeopardise negotiations with congressional Democrats over an additional coronavirus relief package, with the two ...

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