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SHARJAH / WAM Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations (DGR) in Sharjah, has explored potential ways of strengthening cooperation between Sharjah and Brasilia in vital sectors including culture, sports and science, with Fernando Luis Lemos Igreja, Brazilian Ambassador to the UAE. Both parties discussed the possibility of establishing Brazilian cultural centre in the emirate to ...

Bloomberg Brent oil extended gains to above $56 a barrel, rising with other assets on hopes of more US economic stimulus. While crude prices have undulated with the dollar and broader risk assets in recent days, it’s also being supported by renewed strength in the market’s structure. US crude’s closest contract is near the most expensive versus those for six ...

ABU DHABI / WAM Suhail Al Mazrouei, Minister of Energy and Infrastructure, has said that the UAE seeks to reduce the carbon footprint through the implementation of the Energy Strategy 2050, which aims to reduce carbon dioxide in the country by 70 percent. “The world aspires to accelerate the energy transition towards a low-carbon future and seeks to reduce emissions,” ...

Sharjah / WAM Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations (DGR) in Sharjah, has explored potential ways of strengthening cooperation between Sharjah and Brasilia in vital sectors including culture, sports and science, with Fernando Luis Lemos Igreja, Brazilian Ambassador to the UAE. Both parties discussed the possibility of establishing Brazilian cultural centre in the emirate to ...

Dubai / WAM Dubai Economy shut down a money exchange and a document processing services outlet for violation of the precautionary measures in place against Covid-19. Field inspections conducted across open markets in Naif, Al Murar, and Al Sabkha as well as a number of shopping centres resulted in 32 fines and 4 warnings being issued for various violations, mostly ...

Sharjah / WAM Shams Media Services, a subsidiary of Sharjah Media City (Shams), and OMNES Media, an integrated media and communications solutions company, launched OMNES Influencers’ platform in its trial stages. The platform aims to help companies connect with influencers who can help promote their products and achieve their desired results, all within a specific budget and timeline. These companies ...

Abu Dhabi / WAM Etihad Cargo, the cargo and logistics arm of Abu Dhabi-based Etihad Aviation Group, reported a 50 percent year-on-year rise in pharma shipments under its specialised PharmaLife product. The double-digit annual growth comes as the carrier marks its second anniversary of achieving and operating IATA CEIV certification for pharmaceutical and life science logistics (IATA CEIV Pharma), in ...

On his way out the door, ex-President Donald Trump issued an executive order expanding on his earlier call for the creation of a “Garden of American Heroes.” The context is that recent events have supposedly shown that the US no longer believes in its own greatness and has mocked its own history and heritage, and so this new tonic is ...

Becoming an iPhone supplier these days isn’t quite the blessing it once was. Stagnating smartphone sales mean companies can’t just hitch themselves to Apple’s mast and hang on for the ride. So it’s fair enough that Lumentum Holdings Inc, a maker of laser components used in the 3-D sensors of Apple Inc’s Face ID, is seeking alternative ways to grow. ...

For the past year and a half, European Union leaders must have hoped that Italy’s political troubles were only a distant memory. The ongoing showdown between Prime Minister Giuseppe Conte and former premier Matteo Renzi shows that the lack of a stable and effective government in Rome remains one of Europe’s biggest challenges. Conte only managed to scrape through a ...