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Al Gergawi shares UAE vision for digital future with UN panel

NEW YORK / WAM Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future, participated in the first meeting of the High-Level Panel on Digital Cooperation, convened by UN Secretary-General Antonio Guterres in the margins of the UN General Assembly in New York on September 24-25. “The issues this panel is working on affect practically every aspect of ...

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Abu Dhabi fund allocates AED3.2bn for farm sector

Abu Dhabi / WAM In a bid to achieve food security in developing countries and eradicate global poverty, Abu Dhabi Fund for Development (ADFD), has allocated nearly AED3.2 billion towards development projects in the agricultural and irrigation sectors. Representing seven percent of the total financial assistance contributed by the fund in supporting developing countries to date, this assistance has allowed ...

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Khalifa Fund showcases successful SMEs at ‘Adihex’

Abu Dhabi / WAM The Khalifa Fund pavilion at the International Hunting and Equestrian Exhibition – Abu Dhabi 2018, has received an overwhelming response, evident in its high visitor and participant turnout. The fund’s participation at the event is in line with its strategy to promote entrepreneurship, support SMEs, foster national heritage and motivate Emirati entrepreneurs to create innovative enterprises ...

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Investment strategy for UAE’s space sector to be announced in October

Abu Dhabi / WAM The UAE Space Agency has revealed that it is preparing a comprehensive strategy for investing in the UAE’s space sector, in cooperation with relevant authorities, which will be announced in October. Dr. Mohammed Nasser Al Ahbabi, Director-General of the UAE Space Agency, said that the strategy will help reinforce the contributions of the space sector to ...

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Threat of new cold war looms large in Balkan vote to end row

Bloomberg Arguments over Brexit, the rise of nationalism and how to deal with Russia are consuming Europe, but there’s one dispute that’s been edging towards a resolution — and it’s in a region where there’s much at stake for the world order. The Republic of Macedonia will hold a referendum on September 30 on changing the former Yugoslav state’s name ...

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World’s largest digital ID plan gets top India court backing

Bloomberg India’s top court has refused to scrap the world’s largest biometric database, upholding the validity of the sprawling digital-identity program but imposing restrictions on its use — including preventing the government from sharing citizens’ data with private companies. Four out of five Supreme Court judges said the program is constitutionally sound for the distribution of state-sponsored welfare subsidies in ...

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Google, Facebook & Twitter agree to fight fake news in EU

Bloomberg Alphabet’s Google, Facebook Inc., Twitter Inc. and other tech and advertising companies have committed to implementing new measures and investing in new technologies to fight the spread of hoax news online in Europe, according to a draft of the agreement. The group, an ad-hoc alliance that includes Mozilla Corp. and advertising business organisations, is set to present its code ...

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ECB: Trade war may boost China while hurting US growth

Bloomberg A global tariff tit-for-tat could boost China’s $12 trillion economy and hurt the US expansion, according to European Central Bank research. The conclusions challenge President Donald Trump’s assertions that trade wars are “good, and easy to win.” They also counter the argument that China has more to lose from a spat with its main trading partner because of its ...

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Tesla HR chief suggested ‘promoting’ UAW advocates

Bloomberg Tesla Inc.’s human resources boss emailed with Chief Executive Officer Elon Musk about offering employees promotions that could prevent them from continuing their advocacy for unionisation. “I saw it as positive they get involved in something they were criticising,” Gaby Toledano, who joined Tesla as “chief people officer” in May 2017 testified in a National Labor Relations Board hearing ...

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