Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has completed the construction of two model bus stations at Oud Metha and Al Satwa. The stations feature unique designs that form a blend of creative and practical solutions to engineering designs, along with introducing a new concept of mass transit. “The construction of stations for public bus riders complements RTA’s ...
Read More »UAE, Spain to foster collaboration in areas of tech advancement
DUBAI / WAM The UAE’s Ministry of Industry and Advanced Technology (MoIAT) and Spain’s Ministry of Science and Innovation (MSI) signed a Memorandum of Understanding (MoU) that will see them develop an advanced technology framework over the next three years. The framework aims to foster bilateral collaboration in the areas of technological advancement, technology transfers and the deployment of key ...
Read More »ADJD completes 160,482 judicial requests remotely
ABU DHABI / WAM The Abu Dhabi Judicial Department (ADJD) has released a statistical report monitoring the continuity of judicial and legal services with the implementation of the remote working scheme over a period of 11 months. Speaking on the occasion, Youssef Saeed Al Abri, Undersecretary of the ADJD, said the achievements made by ADJD and the qualitative leap in ...
Read More »Covid-19: UAE reports 1,901 new recoveries
ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 242,159 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Saturday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out necessary treatment. ...
Read More »Johnson’s replacement is waiting in the wings
As Chancellor of the Exchequer, Rishi Sunak has only one more rung to climb on the UK political ladder — to the position so many of his predecessors have coveted and failed to get: prime minister. This week the most powerful man in Westminster after Boris Johnson pitched his future wares in his second budget and set out Britain’s post-pandemic ...
Read More »Covid-19 variants can ruin summer
It’s been a year since Covid-19 first shut down much of Europe, and signs of preparation for a post-pandemic world are everywhere. Whether it’s the heated discussion over vaccine passport, the UK starting on its latest path out of lockdown or investors dumping safe-haven assets, there’s faith that the most ambitious vaccination campaign in history is going to deliver a ...
Read More »Deliveroo’s London IPO is about making friends
It would have been a blow to London if the UK’s most prominent unicorn decided to list its shares in tech-friendly New York or Amsterdam. Instead, Deliveroo has picked its home stock exchange for an initial public offering. Valued at more than $7 billion in its most recent private funding round, the food delivery app is issuing a vote of ...
Read More »A better way to support states during downturns
In previous US recessions, a familiar fiscal pattern has almost always played out. Deprived of revenue, the state and local governments closest to the American people lay off employees and cut essential services. If and when Congress comes to the rescue, it’s often too late. The economic damage has been done. In some ways, the coronavirus crisis has disrupted this ...
Read More »US, EU to halt tariffs linked to Boeing-Airbus dispute
Bloomberg The European Union (EU) and the US agreed to suspend tariffs on billions of dollars of each other’s products, easing a 17-year transatlantic dispute over illegal aid to the world’s biggest aircraft makers. President Joe Biden and European Commission President Ursula von der Leyen agreed to the move on a call, the commission said in a statement. “This suspension ...
Read More »AirAsia targets launch of flying-taxi business
Bloomberg Malaysian budget airline AirAsia Group Bhd. said it is seeking to launch a flying-taxi business as soon as next year. “We are working on that right now,†Tony Fernandes, the company’s chief executive officer and co-founder, said. “I think we are about a year and a half away from launching.†Fernandes was speaking in an online discussion as part ...
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