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MOCHA / WAM With the support of the UAE, a project to increase water production capacity was launched in Mocha, on Yemen’s Red Sea Coast. It will serve more than 30,000 residents of the city and neighbouring areas. Mohammed Al Junaibi, Director of Humanitarian Affairs for the Emirates Red Crescent, ERC, in Yemen, said that the project will involve the ...

Bloomberg Iran warned European nations on Monday that it would breach in 10 days the landmark 2015 nuclear agreement unless they take action to alleviate the pressure of tightening US sanctions in the coming weeks. The spokesman for Iran’s atomic energy agency, Behrouz Kamalvandi, said the country would exceed a cap on stockpiles of low-grade uranium on June 27 and ...

Bloomberg Huawei Technologies Co. is preparing for a drop in international smartphone shipments of 40 million to 60 million as the Trump administration’s blacklisting hammers one of the Chinese tech giant’s most important businesses. China’s largest technology company is crunching internal estimates and exploring options including pulling the latest model of its marquee overseas label, the Honor 20, people familiar ...

Bloomberg Some users of Yahoo Japan Corp. are rising up against Japan’s biggest web portal after the rollout of a new rating system that’s being compared with a social-scoring initiative in China. The 48 million people with a Yahoo! Japan ID will have to opt-out within a privacy settings webpage if they don’t want to be rated. The score is ...

Bloomberg European financial technology firms, including TransferWise Ltd. and German banking startup N26 Bank GmbH, are embracing plans by US tech giants like Facebook Inc. to push into digital currencies and payments, brushing off potential rivalries. Speaking at Bloomberg’s Sooner Than You Think conference in London, Taavet Hinrikus, the chairman and co-founder of TransferWise, said he welcomed plans by Facebook ...

Bloomberg Broadcom Inc. shares tumbled after the chipmaker cut its full-year sales outlook, citing the impact of the trade war between China and the US. While the weaker guidance didn’t come as a shock, the scale of the reduction caught some analysts off guard, and it was seen as further diminishing the idea that semiconductor demand would rebound in the ...

Bloomberg Kier Group Plc plans to cut 1,200 jobs, exit businesses and suspend dividends as the British engineering company struggles to rein in debts piled up during a rapid expansion. Chief Executive Officer Andrew Davies is pulling Kier out of homebuilding and property maintenance to focus on construction of other buildings and infrastructure such as roads and railways. The job ...

Abu Dhabi / WAM Awaidha Murshed Al Marar, Chairman of the Abu Dhabi Department of Energy (DoE), outlined Abu Dhabi’s programme for energy transformation and plans to diversify energy sources and promote renewable energy, at Australian Energy Week 2019, in Melbourne. Addressing more than 500 local and international energy leaders and decision makers, Al Marar also tackled the opportunities and ...

ABU DHABI / WAM Lt. General Hamad Mohammed Thani Al Rumaithi, Chief of Staff of the Armed Forces, on Sunday received Lt. General Koji Yamazaki, Chief of Staff, Joint Staff of the Japan Self-Defence Forces, and his accompanying delegation, who are currently visiting the country. At the meeting, which was held at the General Headquarters of the UAE Armed Forces, ...

London / WAM Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence (AI), stated that the UAE is a global model in adopting AI in government work, as well as in its future strategies, along with key sectors and government services which will improve the community’s quality of life. He made this statement while participating in the “CogX: ...