Abu Dhabi / WAM The Federal Authority for Nuclear Regulation (FANR), issued a draft radiation safety regulatory guide and invited the public to review the draft and give their comments. FANR newly drafted Regulatory Guide 027 on ‘Near Surface Disposal of Radioactive Waste’, clarifies the regulatory requirements of FANR-REG-27 related to the radioactive waste and its classifications. The newly drafted regulatory ...
Read More »Dubai FDI to lead investment promotion to Houston, Denver
DUBAI / WAM Dubai FDI, the investment development agency of the Department of Economic Development (DED), has announced that it is all set for its next investment mission to Houston in the state of Texas and Denver in Colorado. The mission will take place on September 7-14, as a part of Dubai’s Global Mission Programme as part of Dubai’s Global ...
Read More »UAE takes part in ‘defence exhibition’ in Poland
KLETSI (poland) / WAM A delegation of the Ministry of Defence and General Command of the Armed Forces participated in the opening of the 27th International Defence Industry Exhibition (MSPO) which started yesterday under the patronage of the President of the Republic of Poland Andrzej Duda. On the sidelines of the event, the UAE delegation, led by Major General Pilot ...
Read More »Values of tolerance dominate public events across UAE
Abu Dhabi / WAM Values of tolerance continued to dominate public events and activities in the UAE during the month of August, as part of the UAE’s relentless efforts to promote cross cultural and religious interactions, as well as dialogue and peaceful coexistence, especially during the ‘Year of Tolerance’. In a gesture to bring joy to families of those behind ...
Read More »Singapore tries to find its own path in clash of AI superpowers
Bloomberg The escalating trade war between the US and China is chilling global collaboration that has long driven breakthroughs in technology and science. The tiny island nation of Singapore is trying to carve out an independent role in the clash and demonstrate the advantages of cooperation in fields like artificial intelligence (AI). It’s a difficult balancing act. The country, with ...
Read More »India’s Reliance Naval is facing cash crunch amid debt revamp
Bloomberg Reliance Naval & Engineering, controlled by Indian tycoon Anil Ambani, said it is facing an acute cash-flow crunch after orders dried up amid efforts to restructure a pile of debt. The disclosure in the company’s annual report comes just ahead of a court hearing whether to put the debt-laden company under insolvency proceedings, potentially dealing another blow to the ...
Read More »China probes knives in FedEx package to HK
Bloomberg China is investigating FedEx Corp on suspicion of illegally handling a package to Hong Kong containing knives that are controlled by law, the state-run Xinhua News Agency reported. The knives have been confiscated by authorities, Xinhua said, without providing more details. The case follows the discovery of a gun in a package delivered by FedEx to a company in ...
Read More »HK house prices could slide 30%: JPMorgan
Bloomberg JPMorgan Chase & Co has landed on six property stocks that can best weather the Hong Kong turmoil after applying a worst-case scenario that envisages home prices plunging 30 percent, retail sales falling by a similar amount and prime office rents sinking 40 percent. While a worst-case scenario may seem a rather grim starting point, analysts at the New ...
Read More »Throw eggs away to support chicken meat prices: Indonesia
Bloomberg In Indonesia, the chicken comes before the egg. At least in the sense that the government is asking poultry breeders to throw away 10 million eggs or give them away for free in an attempt to support slumping chicken prices. It’s hoping that a reduction in the number of eggs that may hatch will shrink chicken supplies and prop ...
Read More »Google, industry try to water down 1st US data-privacy law
Bloomberg Google and its industry allies are making a late bid to water down the first major data-privacy law in the US, seeking to carve out exemptions for digital advertising, according to documents obtained by Bloomberg and people familiar with the negotiations. A lobbyist for Google recently distributed new language to members of California’s state legislature that would amend the ...
Read More »