Masonry Layout

Dubai / WAM Improved public and private partnerships for the holistic benefit of the technology sector are crucial for governments across the world, advised a panel of thought-leaders at the seventh World Government Summit (WGS 2019). The panel titled ‘The Future of Digital Policy’ was hosted in partnership with Google at WGS. Speakers at the panel included Dr Amr Talaat, Egyptian ...

Bloomberg Canadian crude weakened after two critical oil pipelines remained partially shut amid an investigation into a possible leak in Missouri. Heavy Western Canadian Select for March traded at $10.30 below the calendar average for West Texas Intermediate crude futures, compared with a $9.40 discount, according to data from Net Energy Exchange. Prices weakened as shutdowns of TransCanada Corp.’s Keystone ...

Bloomberg Investors will be hoping the US and China can put trade talks back on the road to a deal after President Donald Trump said he’s unlikely to meet President Xi Jinping before a March 1 deadline to avert higher American tariffs on Chinese goods. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are leading a group of administration ...

Bloomberg A Malaysian vessel and a Greek-registered bulk carrier collided in Singapore territorial waters off Tuas on Saturday, according to a statement from the Maritime and Port Authority of Singapore, which said it was “deeply concerned” by the intrusion. Malaysia’s Ministry of Foreign Affairs said that the Greek vessel and its crew have been detained, the Straits Times reported. The ...

Bloomberg Europe’s push to scrap use of coal as a power generation fuel could make Fortum Oyj think twice before launching a bid for a full takeover of Uniper SE, one of the continent’s biggest burners of the dirtiest fossil fuel. Fortum, which owns a 49.99 percent stake in Uniper, said it had ended its long-running feud with the German ...

Bloomberg The UK cancelled a 13.8 million pound ($18 million) contract with Seaborne Freight, a startup company that doesn’t own any ships, to deliver backup ferry service in the event of a no-deal Brexit. Lawmakers had criticized the contract award. The deal was scrapped when “it became clear Seaborne would not reach its contractual requirements with the government,” the Department ...

Bloomberg Amazon.com Inc managers have weighed alternatives to locating a corporate campus in New York City after local officials opposed the plan, according to people with knowledge of the matter. Some people involved in the planning for Amazon’s East Coast expansion have discussed whether to pare back the New York plans, said the people, who asked not to be identified ...

Bloomberg The US is seeking support for a United Nations Security Council resolution condemning Venezuela’s government for blocking humanitarian aid from entering the country and calling on President Nicolas Maduro to hold new elections. The draft resolution calls for the “immediate start of a political process leading to free, fair, and credible presidential elections,” according to a copy of the ...

DUBAI / WAM The UAE called for developing legislation on the entry of global e-commerce platforms to the region’s markets and the development of local and regional electronic platforms to enhance competition and break monopolies. In an opening address at the main session of the Fourth Annual Arab Fiscal Forum organized by the IMF, Arab Monetary Fund (AMF), and the ...

DUBAI / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, has expressed his appreciation for the active role of local agricultural companies and national farms and their efforts in supporting and strengthening the productivity of the agricultural sector in the country. This came during Dr. Al Zeyoudi’s field tour to underline the ministry’s role in ...